Injective
Specifications | Details |
|---|---|
Platform (underlying architecture) | Layer 1 |
Consensus Algorithm | Proof-of-Stake |
Ecosystem | Cosmos |
Token | INJ |
Native Token Ticker | $INJ |
Smallest Unit | 1 inj = 1×10⁻¹⁸ INJ |
ARR or APY | ~17% |
Max Supply | ∞ |
Delegation Requirements (Min-Max) | No minimum and maximum limit |
Stake Activation Period | None |
Reward Distribution Period | Every block (~800ms) |
Compounding | Manual |
Compounding Frequency | Rewards can be delegated again when earned and claimed manually |
Unbonding Period | 21 days |
Lockup Period | None |
Penalties and Slashing | Yes - Downtime slashing: 0.01% slashed Double sign slashing: 0.50% slashed |
Burn Mechanism | 60% of trading fees are collected by Injective, the rest goes to Exchange applications. Weekly auctions let community members bid on these fees using INJ. The winning bidder receives the assets and their INJ bid is burned, reducing the INJ token supply. |
Validator Self-Bond Requirement | 1 INJ is minimum requirement for setup. To be an active validator, you must out-stake the last validator in active set, either through self-stake or delegations |
Inflation | 7% of supply, set to decrease over time until reaching 2% |
Validator Set Diversity | Currently, Injective’s active validator set is comprised of the top 60 validators by stake. |
Governance Mechanism | On-chain governance |
Smart Contract Support | Yes |
Smart Contract Programming Language | Rust |
Cross-chain Compatibility (Interoperability) | Yes |
TPS (Transaction Throughput) | ~25,000 TPS as per sources |
Transaction Finality | Instant |
Link to Explorer(s) | https://explorer.injective.network/, https://atomscan.com/injective , https://www.mintscan.io/injective |
Testnet Faucet | |
Figment’s Public Validator Address | |
Figment Staking Guide | |
Figment Supported MEV Relay | N/A |
Recommended Wallet(s) | Keplr, Ledger |
CoinGecko Profile |
Updated 3 days ago