Layer 1 Protocol


Audius is a new streaming platform designed for musicians–they can build a fanbase, share works in progress, and finally share completed tracks with the world.
Musicians are using Audius to create, grow, and monetize their work without needing a record label. Audius is built for musicians and fans to enjoy their music together with the highest quality streaming.

Staking Information

Total Supply
Automatically restaked after being claimed
Compounding Frequency
Automatically restaked after being claimed
Reward Distribution Period (Payout frequency)
Weekly, must be claimed
Unbonding Period
7 Days
Delegation Requirements (Min-Max)
min. 100 AUDIO
Validator Self-Bond Requirement
200.000 AUDIO
Figment Validator Address
Recommended Wallet
Slashing Penalty
Slashing on Audius is done exclusively through the governance process.

Staking Guide

See Staking Guide here

Ready to Stake?

If you’re ready to stake, the easiest way to participate is with your Ledger hardware device. If you are using a third-party custody solution or would like an introduction, contact [email protected] If you have more questions before staking, we have likely answered your questions below.

Staking & delegation instructions

Figment’s Node Operator ID:
  1. 1.
    With Metamask ready, head to Figment's Service Operator in the Audius dashboard:
  2. 2.
    'Connect Metamask' in the top-right corner.
3. Click the 'Delegate' button.
audius staking
4. Enter the number of AUDIO tokens to delegate and then follow the prompts to confirm.
Please reach out to [email protected] if you plan to stake more than 1 Million USD in AUDIO tokens.

Governance Overview

The single source of truth for Audius governance can be found in the protocol dashboard under the Governance tab. Here you can see a list of all Active and Resolved proposals in chronological order along with whether they have passed or failed.


Audius FAQs
What is staking?
On a Proof of Stake blockchain, staking is the act of depositing tokens in order to become a validator; that is, to participate in proposing and attesting to transaction blocks. Anyone with a minimum necessary coin balance can validate transactions and earn staking rewards on these blockchains.
What is the name of the asset being staked?
Audius’ native token, AUDIO, is used to stake (to earn fees and rewards), for feature access on the platform, and to participate in on-chain governance.
Where can I explore the network and create a Audius wallet?
Metamask software wallet, a Ledger device via Metamask (recommended), and Gnosis Safe multisig are three different ways to stake, delegate, and interact with Audius. Audius contract address: 0x18aaa7115705e8be94bffebde57af9bfc265b998 Wallet: Metamask (recommend using with Ledger hardware wallet) Staking dashboard:
Which type(s) and what rate of rewards can I expect? Can I stake locked/vesting tokens?
Stakers are expected to earn newly-issued AUDIO tokens and platform fees. Stakers will earn at least 7% in yearly rewards, but earnings are expected to be between 10% and 14%, depending on how much of the token supply is staked (ie. between 50 and 70% of the supply). All investor tokens may be staked and delegated. Investor tokens are on a 2-year quarterly unlock schedule with a 6 month cliff.
How long does it take to unstake?
From the moment you initiate the unbonding process, it takes 7 days to unstake. During this time you will not earn rewards. When the process is complete, you can freely transfer/trade your AUDIO tokens.
When are staking rewards and transfers enabled?
Transfers were enabled when the network launched on Oct 23, 2020. Staking rewards were enabled in December 2020.
Can I lose potential staking rewards?
Yes. Rewards are eligible to be distributed once per week, and an Ethereum transaction is required for stakers claim to rewards. Anyone can do this, and Figment will do this on your behalf.
However, if the rewards are not claimed within one week, delegators to this staking provider will miss their rewards for that period. There are no consequences for node downtime.
Can my staked AUDIO tokens be slashed (seized or destroyed)?
Yes, a portion of your staked AUDIO tokens can be destroyed via the governance process if it is decided that a node did something malicious. Examples:
  1. 1.
    tampering with the code for a given version agreed on in governance with malicious intent (eg. to boost search results for a piece of content)
  2. 2.
    prolonged downtime (days+) that is not caused by an error in the code
  3. 3.
    running under-resourced machines below the spec required (eg. less ram, fewer processors than specified) and refusing to rectify
The Audius community controls slashing via governance and is designed only to be used in egregious situations where
-malicious intent or extreme negligence can be proved and
-where the issue cannot be resolved off-chain.
Figment insures our clients from slashing and has never had a slashing event.
What is the rate of new issuance (aka "annual inflation") for AUDIO? How does the token supply change?
The network will begin with a new issuance rate, fixed at 7% of the supply per year, and though this rate is governable, we expect it to stay at 7% until at least November of 2021. Besides slashed tokens being burned, we do not expect the supply to decrease.
Do I maintain custody of my AUDIO tokens? Who or what controls my staked AUDIO token?
Figment has partnerships with a number of top-in-class custodians. Please contact [email protected] for more inquiries.
The Audius protocol takes control of your AUDIO tokens while you are staking. If you unbond your tokens, this process will take about 7 days before the protocol returns your tokens to you. While your AUDIO are staked, you may participate in on-chain governance by voting on different proposals.
How are decisions about Audius made and executed?
Audius uses on-chain governance, and voting is based on the number of AUDIO tokens staked. Everything in Audius is governable, including governance parameters themselves. Examples of parameters that may be changed via governance:
  1. 1.
    Feature Integrations
  2. 2.
    Royalty Rates Token
  3. 3.
  4. 4.
    Fee Pool Allocation
  5. 5.
    Staking Rewards
The only way that the network can be modified today is via governance or the community multisig override process. Key details about the governance process:
  1. 1.
    Stake-weighted AUDIO voting
  2. 2.
    Simple majority threshold
  3. 3.
    Quorum is 5% of staked AUDIO
Voting lasts 48 hours, followed by a 24-hour enactment delay to allow for a veto via community multisig.