Staking Injective (INJ) with Wraith Wallet
Staking Injective (INJ) allows you to earn rewards while contributing to the security of the Injective blockchain. This guide shows you how to stake INJ with Wraith Wallet step by step.
TLDRβ
Your INJ will be locked while staked.
Unstaking takes 21 days to complete.
Minimum stake depends on the validator you choose.
Keep some INJ aside to pay for network fees.
β οΈ Always ensure youβre using the latest version of Wraith Wallet for maximum security.
How to stake Injective on Wraith Walletβ
Step 1 - Fund your Injective walletβ
Youβll need INJ tokens in your Wraith Wallet.
Purchase INJ on an exchange such as Binance, Coinbase, or Kraken.
Transfer the tokens into your Wraith Wallet Injective account.
β οΈ Double check the address when transferring tokens to avoid losing funds.
Step 2 - Open the stake screenβ
Open your Injective wallet in Wraith Wallet.
Tap Stake to see details such as APR and lock time.
Tap Stake again to proceed.
Step 3 - Choose validatorβ
Staking requires delegating your INJ to a validator. Wraith Wallet provides a curated list to choose from.
β Look for validators with:
Consistent uptime
Low commission rates
A strong track record in the community
Step 4 - Enter stake amountβ
Decide how much INJ to stake.
Leave a small balance to cover fees.
Tap Continue.
π‘ Some validators may set a minimum stake amount.
Step 5 - Confirm the stake transactionβ
Review the validator details and stake amount carefully.
Tap Confirm to finalise the process.
Your stake will be confirmed on the Injective network within seconds.
β Youβve now successfully staked INJ with Wraith Wallet.
Injective staking rewardsβ
Expected rewards are around 15.10% APR (at the time of writing).
Rewards are available immediately but must be claimed manually.
Your rewards may vary depending on the validator.
Unstaking your INJβ
Unstaking takes 21 days before your tokens become available.
Open your stake details in Wraith Wallet.
Tap Manage β Unstake.
Enter the amount to unstake and confirm.
β οΈ Always leave some INJ in your wallet to pay transaction fees.
Is staking Injective with Wraith Wallet secure?β
Yes. Wraith Wallet is a secure, open-source, self-custodial wallet.
Transparent: The open-source code can be reviewed by anyone.
Trusted: Continuous contributions from the community improve security.
No hidden risks: Open codebases reduce the likelihood of backdoors or malicious behaviour.
By staking Injective with Wraith Wallet, you not only earn passive income but also support the Injective ecosystem.
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