e-Money
Cosmos SDK
E-money is a network that supports a family of fiat-collateralized stablecoins (eEUR, eCHF, eSEK, eNOK and eDKK). E-money’s stablecoins are collateralized through fiat reserves that the foundation holds in commercial banks. Built with the Cosmos SDK, E-money provides a transparent, compliant, and stable cryptocurrency to enable cross-border payments and local businesses to shed fees.
APY | 26.22% |
Compounding | Manual |
Reward Distribution Period | Every block (~6 seconds) |
Unbonding Period | 21 Days |
Validator Self-Bond Requirement | 2000 NGM to be in active set. However does not have to be self-bond |
Inflation | ~10% |
Figment Validator Address | emoneyvaloper1m5ymqqnem9tzdzul0xrpkw3d82kncyzdw772yl |
Recommended Wallet |
Double Signing | 5% |
Downtime | 0.01% |
Excessive downtime may also result in jail time for 3,600 seconds.
The easiest way to stake your NGM token is with Keplr browser extension.
You can use an existing account from either a software wallet or Ledger hardware wallet from the left sidebar by clicking the 'Sign in' button.

Note: once staked, it takes 21 days for your NGM to unstake.

Indicate the number of NGM you would like to stake. After you have approved the transaction, you can verify that you're staking by clicking the 'Portfolio' tab in the left side bar.
You'll need your NGM controlled by a Ledger hardware wallet to stake this way. Head to the e-Money block explorer website (this link takes you directly to the Figment validator) and select 'Validators' from the right side of the top menu bar.

Then find and select the Figment validator.

Connect your Ledger device to your computer, input your pin code, then open the Cosmos app on your Ledger device. If you need help with your Ledger, check out this article.
Click the green 'Delegate' button and indicate the amount you want to stake. Note that it takes 21 days to unstake.