Injective (INJ)

Injective is the first blockchain built specifically for finance. It is an open, interoperable layer-one powering next-generation DeFi applications, including decentralized spot and derivatives exchanges, prediction markets, lending protocols, and more.

Meet With Us to Stake INJ

Figment Validator Address: injvaloper1g4d6dmvnpg7w7yugy6kplndp7jpfmf3krtschp

Market Cap

$533.7M

Staking Reward Rate

10%

Price

$5.34

Auto-Compounding

No

Reward Frequency

1 Block (<Minute)

Activation

1 Week

Withdrawal

21 Days

Slashing Penalties Enabled

Yes

*Staking Reward Rates (SRR) vary based on network conditions, delegation size, and infrastructure optimizations. Contact our team to explore your potential rewards.

Why Stake Injective With Figment?

• Chain - Injective utilizes Tendermint consensus and the core protocol logic is implemented through native modules built on top of the Cosmos-SDK and through smart contracts on the CosmWasm smart contract layer.
• Bridge - Injective provides a decentralized cross-chain bridging infrastructure with Ethereum as well as with any IBC-enabled blockchain.
• API nodes - Serving as a data layer for the protocol, and providing transaction relay services.
• dApps and tooling - A number of dApps are currently built on Injective. Presently, the most widely used dApps built on top of Injective are decentralized exchanges (DEXs), which provide individuals with an advanced decentralized trading experience.

Injective Staking FAQ

What is the name of the asset being staked? The native token on Injective is called INJ.

What is the INJ token used for? INJ token is used to secure the network through staking and to participate in on-chain governance. 60% of trading fees are used to buy INJ tokens and burn them, the remaining 40% go to relayers to encourage trading activity on the exchange protocol.

How long does it take to stake and unstake? From the moment you initiate the unbonding process, it takes approx. 7 days to unstake. During this time, you will not earn rewards. When the process is complete, you can transfer/trade your INJ tokens.

Will I keep receiving rewards after I unbond? No. Once you unbond you stop receiving rewards.

When do staking rewards get distributed? Staking rewards get automatically distributed every block (approx. 6 seconds). Figment is never in control of your rewards.

How are staking rewards distributed? Your rewards will be calculated based on your delegations as delegated amount (base APY – validator commission / 100)% and the tasks you are going to perform and distributed to your Ethereum address. Is staking income liquid or automatically staked? There’s no auto-compounding feature in Injective, therefore, you will have to claim the rewards and delegate them to validators.

Can I lose potential staking rewards? Your potential rewards depend upon validator performance. When your validator is down, you will not be earning rewards.

What is the total supply of the INJ token? The total maximum supply of INJ tokens is set at 100,000,000 INJ.

Do I maintain custody of my INJ tokens? Yes, Figment is non-custodial, which means we are never in control of your staking rewards and staked asset. Figment has partnerships with a number of top-in-class custodians.

How are decisions about Injective made and executed? Governance is on-chain, only holders of actively staked INJ tokens can participate in voting. Proposals are discussed on Commonwealth.

Where can I explore the network and create an Injective wallet? Explorer: https://staking.injective.network/ Wallet: Ledger

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