Stake Injective (INJ)
Injective is a blockchain that enables investors to access decentralized finance markets. As a Cosmos-based blockchain, Injective enables cross-chain trading and offers features such as margin trading, as well as derivatives, synthetic assets, futures, and Forex trading.
Injective features a powerful smart contract layer called CosmWasm that offers auto-executing smart contracts. It employs a Tenderming Proof-of-Stake consensus and is governed by a global DAO through its native asset, INJ.
Finoa’s Injective validator is run by Finoa Consensus Services, the Finoa subsidiary that builds blockchain infrastructure. By staking to an FCS node, you agree to the Finoa Consensus Services Terms and Conditions.
How it works
1
Go to https://wallet.keplr.app/chains/injective and connect your wallet.
2
Search for "Finoa Consensus Services" in the "Search validator" box.
3
Click "Manage" to open the dialog box and select "Delegate".
4
Enter the amount you want to delegate. Keep some INJ to pay transaction fees.
5
Click "Delegate" and then click "Approve".
6
Check and approve the transaction in your Keplr wallet.
Start growing your INJ portfolio with delegated staking today.
Stake INJWhy stake with us?
Grow your INJ holdings and support the Cosmos network by delegating your stake to the Finoa Consensus Services Validator.
Get peace of mind: use a validator run by a team of experts dedicated to upholding network security and supporting decentralization.
Earn rewards with confidence: your funds are put to work by a validator that is set up securely, has high uptime, and is and monitored 24/7 to mitigate slashing risks.
Get help when you need it: you can reach out at any time with questions or to ask for support with setting up delegations to Finoa Consensus Services.
Injective staking FAQ
The Injective token has several functions:
- providing incentives to validators and stakers to keep the network secure through PoS consensus.
- providing incentives to market-makers and relayers.
- capturing value on the network via fee payments.
- collateralizing derivatives.
- facilitating governance through token-based voting.
On the one hand, the Injective protocol burns 60% of all exchange fees every week following a burn auction model. On the other hand, its inflation is set to 5% per year. Therefore, depending on network activity, the token can be either inflationary or deflationary.
To ensure that validators are behaving according to the rules of the protocol, most Proof-of-Stake networks enforce punishments via slashing. Injective tokens can get slashed (i.e., by burning or seizing) if:
- The validator has downtime, in which case validator is “jailed,” which leads to delegators missing out on rewards for a minimum of two hours.
- The validator is double-signing transactions, prompting a 5% slashing penalty per block.
The recommended wallet for delegated staking of INJ tokens is Keplr Wallet.
You maintain full custody of your tokens when delegating your Injective tokens to the Finoa Consensus Services validator.
Finoa’s Injective validator is run by Finoa Consensus Services.
Founded in 2022, Finoa Consensus Services (FCS) is Finoa’s first subsidiary. FCS develops blockchain infrastructure and distributed validator technology that secures decentralized networks and maximizes institutional investors’ capital efficiency.
By staking to an FCS node, you agree to the Finoa Consensus Services Terms and Conditions.
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Reach out with your questions or to request help with setting up INJ delegations.