Injective Hub: INJ Staking Guide

Injective Hub: INJ Staking Guide
Injective Hub: INJ Staking Guide

Help secure Injective and start earning rewards by staking INJ in the Injective Hub.

Injective's consensus mechanism relies on proof-of-stake, providing an opportunity on an individual level to participate in securing its network through staking. By staking, you can earn passive income and receive INJ rewards for validating blockchain transactions.

To learn how to stake INJ on the Injective Hub, you will need to:

  1. Connect your crypto wallet
  2. Deposit INJ onto Injective
  3. Delegate to an Injective validator

For the purpose of this tutorial, we will use MetaMask as the wallet connector.

Step 1: Connect your wallet

On Injective Hub, click “Connect” on the top-right corner and select “Metamask”.

Once you connect, an INJ wallet address will automatically be assigned to your crypto wallet.

You will be able to view the INJ address on the top right-hand corner with your Ethereum address.

Step 2: Deposit INJ onto Injective

To stake INJ, you must first hold it in your INJ wallet. If you already have INJ in your Injective Wallet, please proceed to Step 3.

There are multiple channels to get INJ tokens.

  • Option 1: visit any of the exchanges that list INJ, including but not limited to Binance, OKX, Coinbase and Gemini. Please check the major exchanges list here.
  • Option 2: You can also onboard onto Helix using popular fiat currencies by selecting from one of the fiat on-ramp providers such as KadoTransak or Payfura.

Step 3: Choose a Validator

After successfully bridging your INJ, you can begin staking by delegating your INJ to a validator.

Click “Staking” on the left panel of Injective Hub to view the Staking dashboard.

You will see the total number of validators, the staking APR, total amount of INJ staked and how much INJ you have available for delegation.

Choose a validator to delegate your INJ to and select “Delegate Now”. A popup window will appear, and you can specify the amount of INJ that you wish to stake.

To learn more about Injective’s validator network, please visit the Injective blog.

There is no limit to the number of validators you can delegate your INJ to. For instance, you have the option to split your holdings and delegate 50% to Validator A and the remaining 50% to Validator B.

Viewing Rewards

To view the rewards generated over time by staking INJ, click on “Wallet” on the left-hand side of Injective Hub.

Rewards are distributed continuously on every block, and you may claim your reward by clicking on “Claim”.

You can also re-delegate your stake to a different validator by clicking the “Re-delegate” button.

This blog was updated in April 2024.

About Injective

Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.

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