Introduction
Staking Injective can be a great option for those who want to hold INJ but earn yield in a secure way while contributing to the network. The steps can be a bit overwhelming, especially the first time you do them. That’s why we’ve put this guide together for you.
Step-by-step guide
1. Obtain Injective (INJ) Tokens
To stake Injective, you need to have it. To get Injective, you'll need to buy it. You can choose from these popular exchanges.
See all 63 pricesPlatform Coin Price PrimeXBT Injective (INJ) 9.34 Uphold Injective (INJ) 9.33 YouHodler Injective (INJ) 9.36 Kraken Injective (INJ) 9.33 OKX Injective (INJ) 9.36 2. Choose a Injective Wallet
Once you have INJ, you’ll need to choose a Injective wallet to store your tokens. Here are some lekker options.
See all 25 staking rewardsPlatform Coin Staking rewards Uphold Injective (INJ) Up to 9 APY YouHodler Injective (INJ) Up to 15 APY Bitget Injective (INJ) Up to 10 APY Binance Injective (INJ) Up to 6.9 APY Kucoin Injective (INJ) Up to 13 APY 3. Delegate Your INJ
We recommend using a staking pool when staking INJ. It’s simpler and quicker to get going. A staking pool is a group of validators who combine their INJ, which gives them a better 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 might also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this might take some time.
Latest Movements
Injective (INJ) is presently priced at 0 with a 24-hour trading volume of US$162.11M. The market cap of Injective stands at US$2.07B, with 97.73M INJ in circulation. For those interested in buying or trading Injective, Uphold offers ways to do so safely and efficiently
- Market cap
- US$2.07B
- 24h trading volume
- US$162.11M
- Circulating supply
- 97.73M INJ