Injective (INJ)
What is Injective?
Injective is a blockchain built for finance, offering developers robust financial primitives, such as the native decentralized MEV-resistant on-chain order book, that can be leveraged for creating a wide range of DeFi applications: decentralized derivatives and spot exchanges, lending protocols, prediction markets, and more.
The blockchain supports the ERC-20 token bridge to Ethereum and is the first chain to offer auto-executing smart contracts designed with CosmWasm.
How to stake Injective?
Validator Name: Everstake
Validator address - injvaloper134dct56cq5v7uerxcy2cn4m06mqf4dxrlgpp24
Commission: 10.00%
Injective Staking Manual
Step-by-Step Guide to Staking INJ via Keplr Wallet
This guide will take you through the process of staking INJ using your Keplr.
Step 1: Launch Your INJ Staking
Click Manage Portfolio in Keplr Dashboard at the bottom right corner of the Keplr Wallet extension.
The Keplr Dashboard will appear in a new tab. To start staking you need to select Injective Chain.
Step 2: Choose Everstake as Your Validator
Go to All Validators and choose Everstake from the list.
Click the Stake button in the following Everstake pop-up.
Step 3: Enter the Amount to Stake
Input the desired delegation amount for Everstake, or opt for MAX if you want to stake all available funds. Keep in mind that you should leave a small amount of tokens to cover fees for future transactions.
After that, click Stake to proceed.
Step 4: Confirm the Transaction
Go to the Keplr Wallet and approve the transaction.
Congratulations! Delegation completed successfully. Now you can check this transaction in the Keplr Dashboard.
Conclusion
Staking INJ with Keplr Wallet and Everstake is a secure and user-friendly process. By leveraging Keplr’s security and Everstake’s reliable validation, you can stake with confidence while maintaining full control over your funds.
Start staking your INJ today with Everstake!
Where can I stake Injective?
You can choose a crypto wallet convenient for you and use the guide at the link or write to Everstake support and get more detailed information
Staking Details
Block
0.65 sec
Everstake fee
10.00%
Auto-compounding
The APR on Injective is increasable by utilizing the restake rewards feature in the REStake application accessible via the Keplr wallet. The restake rewards feature automatically claims and adds accrued rewards to the main stake, compounding interest and increasing the total stake. This feature is safe and is supported by the Cosmos SDK module Authz.
Fee to activate the wallet
None
First reward info
Rewards start accruing the moment you stake INJ. Once you have earned a sufficient amount of rewards, you may claim them manually at any time.
Reward frequency
Per block (~0.65 sec).
Min amount ot stake
There is no obligatory minimum for commencing staking
Unstaking period
21 days
Stake activation time
Immediately
Re-delegating activation time
You can immediately move all or some of your staked tokens from the current validator to another one. By doing so, you won’t stop getting rewards. Note, however, that Injective mandates a 21-day waiting period between redelegations. Once you have redelegated from one validator to another, you must wait for this period to elapse before you can redelegate again
Last Reward
Last rewards earned before unstaking transaction.
Self-Bond
19
Active set
Active set on Injective consists of 60 validators.
Slashing
Slashing is a punishment for validators that misbehave. Validators on Injective lose part of their stake if they get slashed. Slashing parameters can be found here.
Stake deactivation time
-
Why Everstake?
Everstake is the №1 staking infrastructure platform, trusted by over 1.5M users and institutional clients worldwide. Committed to the highest standards of compliance with certifications such as SOC 2 Type II, CCPA/CRPA, ISO 27001, and GDPR, we deliver secure and reliable staking solutions across 85+ supported chains with a reliability rate of 99.98%
Our skilled team manages reliable infrastructure, prioritizing the safety of your funds. Delegating through Everstake offers opportunities to boost your yields while ensuring peace of mind about your token's security.
Everstake Participation
As an Injective validator, Everstake contributes to the overall success and growth of the Injective blockchain. Our technical expertise and robust infrastructure help maintain the reliability of the network. We are responsible for keeping systems up and running, which is crucial for the uninterrupted operation of the blockchain and the timely processing of transactions. We rank among the top 10 validators in the network by stake, reflecting users' trust and interest in Everstake.
Additionally, we contribute to the Injective ecosystem through educational materials and active community participation.
FAQ
What is INJ?
INJ is the native token of Injective used for governance, protocol fee value capture, and ensuring blockchain’s proper operation via staking.
Injective Tokenomics
In June 2024, Injective released a groundbreaking paper detailing the Injective Token, its key utilities, and the innovative mechanisms shaping its programmable token economy.
The paper provides a detailed overview of the genesis distribution and vesting schedule that forms the foundation of Injective’s economic model.
The full Injective Tokenomics Paper is available here.
How Everstake deduces validator fee?
“Validator fee” refers to the rewards received by Validator for participating in the Blockchain network Validation process. Everstake determines the validator fee through a process involving analysis and consideration of various factors, such as network requirements, operational costs, and market dynamics.
Control over User's Funds
Validators don't have control over users' funds in blockchain networks. Instead, they validate transactions and participate in the consensus process based on the rules defined by the network protocol. Users retain control over their funds through private keys, which are used to sign transactions and authorize transfers. Validators' roles involve confirming the validity of transactions and blocks, but they don't have the authority to access or manipulate users' funds.