Introduction
Staking Injective can be a great choice for those who want to hold INJ but earn yield in a secure way while contributing to the network. The steps can be a little overwhelming, especially the first time you go through them. That’s why we’ve put this guide together for you.
Step-by-step Guide
1. Get Injective (INJ) Tokens
To stake Injective, you need to have it. To obtain Injective, you'll need to purchase it. You can choose from these popular exchanges.
See all 62 pricesPlatform Loonies Price PrimeXBT Injective (INJ) 11.19 Uphold Injective (INJ) 11.18 Kraken Injective (INJ) 11.2 OKX Injective (INJ) 11.19 YouHodler Injective (INJ) 11.18 2. Select a Injective Wallet
Once you have INJ, you’ll need to choose a Injective wallet to store your tokens. Here are some good options.
See all 25 staking rewardsPlatform Loonies Staking rewards Uphold Injective (INJ) Up to 8.8 annual percentage yield YouHodler Injective (INJ) Up to 15 annual percentage yield Binance Injective (INJ) Up to 6.59 annual percentage yield Bitget Injective (INJ) Up to 10 annual percentage yield Kucoin Injective (INJ) Up to 13 annual percentage yield 3. Delegate Your INJ
We recommend using a staking pool when staking INJ. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their INJ, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet’s interface.
4. Start Validating
You'll need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the Injective network. You'll be rewarded with INJ for these validations.
What to be Aware of
There are transaction and staking pool fees you need to consider. There can also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.
Latest Movements
Injective (INJ) is currently priced at US$8.8 with a 24-hour trading volume of US$162.11M. The market cap of Injective is currently at US$2.07B, with 97.73M INJ in circulation. For those interested in buying or trading Injective, Uphold offers ways to do so securely and efficiently
- Market capitalization
- US$2.07B
- 24h volume
- US$162.11M
- Circulating supply
- 97.73M INJ