Stake Injective with Kiln, enterprise-grade staking

What is Injective?

Injective is a Cosmos-based blockchain built for finance applications.It offers out-of-the-box modules, such as decentralized order books, that can be leveraged by dApps.
The Injective smart contract platform is interoperable and can be bridged with Layer 1 networks (Ethereum or Cosmos, for instance).

What is staking?

In a Proof-of-Stake blockchain such as Injective, staking consists of locking native tokens to earn the right to secure a chain, and earn a yield while doing so.

With Injective staking, users lock INJ to fund a validator, which helps secure the chain by proposing new blocks and attesting other validators’ blocks, earning a yield in the process.

How to stake Injective with Kiln?

To stake INJ in a few clicks, just follow these next steps. It should take you less than 5 minutes to complete your first transaction:

  1. Login to Kiln dashboard
  2. Go to the /stake/INJ page of the dashboard
  3. Select the Account you want to stake on
  4. Choose the amount of INJ you want to stake 
  5. Connect your wallet (for instance Ledger, Metamask, Trust Wallet, etc) Kiln supports multiple wallets as well as WalletConnect
  6. Click on the “Stake” button! 

As easy as pie! Kiln takes care of everything. To unstake, you simply need to undelegate into one transaction and you will receive your original stake back in your wallet as well as accumulated rewards from delegation.

Why should you stake your assets?

Staking generates the safest and most predictable yields in the crypto space. It is the most natural yield feature in crypto as the value originates from the blockchain’s native currency inflation, which is forecastable.

You can stake your INJ as well as other (d)PoS cryptocurrencies to:
  • Put your treasury to work
  • Diversify and earn, while contributing to blockchains decentralization
  • Bring new opportunities to generate safe yields to your users
You stake
You get
every year
Protocol Card
Number of live validators

What are the rewards associated with staking INJ?

As an incentive for helping to safeguard the network, you can earn up to 14.81% APR* from your delegation on Kiln’s Injective validator.

Why should you stake your INJ with Kiln?

Kiln is the leading enterprise-grade staking platform enabling institutional customers to stake INJ, and to white-label INJ’s staking functionality into their offering. Our platform is API-first and enables fully automated validators, rewards, data and commission management.

We are serving thousands of businesses worldwide so that everyone can securely and seamlessly:

  • Stake INJ in 1 click
  • Manage all their INJ stakes and rewards from a single dashboard 
  • Keep custody of your assets, Kiln is non-custodial and work with existing custodians solutions e.g.Fireblocks
  • SOC 2 certified and Industry leading SLAs (0 penalties recorded and 99.95% effective uptime)

Stake Injective FAQ

What does Proof-of Stake mean?

Proof-of-Stake (PoS) is a type of consensus mechanism used to validate cryptocurrency transactions. Through PoS, validators can contribute to the block production of a chain while keeping environmental concerns to a minimum, an increasingly large issue in Proof-of-Work.

By staking capital rather than energy, validators risk losing a portion of their value and future potential for staking by misbehaving while creating blocks. This incentivises collaboration and fair practices while validating information in a similar way that PoW has with incentives and punishments to curtail malicious activity while creating consensus.

What is the role of Injective validators?

Injective validators verify and add new transactions to the network through the blocks they produce, or attest other validators’ blocks. Validators get rewarded with INJ tokens for securing the network and passing transactions.

How much can you earn by staking INJ? When will I receive INJ rewards?

INJ staking APR is currently 14.81% at the time of writing this article. INJ APR may be subject to change in the future. Rewards can be claimed through the ‘Claim’ button in the Rewards tab of your dashboard.

Does Injective network have transaction and gas fees?

Yes Injective has both transactions and gas fees. For most transactions, fees are less than $0.01 (paid with INJ), even during high-traffic periods.

What are the risks associated with staking INJ?

The risks associated with staking INJ comes from double signing and downtime. Double spending on the Injective protocol comes with a slashing penalty, as well as downtime. When delegating with Kiln these issues are taken care of from our end so you don’t have to worry.

Is there a minimum and maximum amount of INJ to stake for Injective?

You can stake Injective’s INJ token with as little as 1 INJ.

Do I maintain custody of my INJ tokens? Is INJ staking non-custodial?

When you delegate your INJ token from your wallet (ideally a Ledger hardware wallet) to a validator such as Kiln to receive staking rewards, you keep full custody of your funds.

What is the lockup period to stake Injective? When can I unstake and withdraw my INJ?

There is a 21 days period lockup on Injective. After unstaking INJ, your tokens become transferable after 21 days.

What is the average block time on Injective?

The average block time on Injective is 1.1 sec, meaning a new block is produced every 1.1 second.

What is an Annual Percentage Rate (APR) and how is it different from Annual Percentage Yield (APY)?

APR, or annual percentage rate, is the fixed interest rate earned on an investment over a one-year period. It is the percentage of return investors can expect to receive on their investment. On the other hand, APY or annual percentage yield, takes into account the compounding of interest on a fixed schedule. It includes both the interest earned and the interest on previously earned interest.

When it comes to PoS protocols, compounding does not always apply as additional validators can be needed to stake more. Therefore, APR is used instead of APY. It's worth noting that APY and APR cannot be compared directly, as they measure different things. However, it is possible to convert APR to APY and vice versa.

Where can I learn more about Injective?

There are many existing resources but we invite you to visit Injective's website.

Ernest Oppetit, CPO
January 20, 2023
This may change over time and fees might apply.