Injective Protocol is a Proof of Stake based blockchain built on top of Cosmos SDK designed to be the first trustless and truly decentralized exchange protocol.
Injective Protocol’s core features include:
|Rewards||Distributed every block|
|Slashing||5% for double signing and 0.01% for downtime|
|Inflation||7% of supply, set to decrease over time until reaching 2%.|
|Unbonding||~ 7 days|
|Compounding||New delegation required|
Figment offers peace of mind to its customers and provides the most complete staking experience in the industry
Figment is a venture funded, registered Canadian company based in Toronto. Canada offers stability, rule of law and clear crypto regulation.
Serving the world’s largest INJ holders.
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Our Commission rate is 8.5%.
Active participant in the INJ ecosystem.
Third-party custody solutions are available through our institutional partners.
The world’s most advanced physical IDC + multi-cloud staking infrastructure.
You maintain custody of your INJ at all times.
Protected via industry-leading Staking & Delegation agreement.
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Wallet: Metamask and Ledger
Injective’s native token, INJ, is used for staking, participation in on-chain governance, various incentives, collateral backing for derivatives, and exchange participation.
Staking rewards and transfers will begin at the launch of the mainnet. You’ll need at least 5 INJ to start delegating on the network.
Initially, INJ is being staked to earn new issuance (“inflationary”) subsidies. That means that the INJ supply will increase and stakers will capture the newly issued INJ. Generally, you will earn around 3% annually on your staked INJ, but that can change. Injective allows for ways for users to boost their APY. Find tips for increasing your APY here. Since staking rewards are tied to inflation, read about how inflation and rewards are related here.
Stakers will also capture fees from network transactions, so as Injective transaction volume increases, INJ stakers will earn more than new issuance subsidies.
~20 days, making it similar to other Cosmos-based projects.
Staking income on Injective is automatically disturbed every block. Figment is never in control of your rewards.
Staking income is not staked automatically, which means you will not need to unstake to withdraw your staking income. New delegation required to stake liquid rewards.
Your potential rewards depend upon validator performance. When your validator is down, you will not be earning staking income.
Inflation for the mainnet will be 7% of the total supply, set to decrease over time until reaching a floor of 2%.
Decisions are executed via on-chain governance. A proposal must be submitted for consideration with a deposit of INJ, before it can be voted on.
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