How to Stake INJ Using the Keplr Wallet

15 Mar 2023
12 min read
Wallet
keplr
Staking
Injective
INJ
12 min read
Article content
Why Stake INJ?
What is the Keplr Wallet?
How to Stake INJ via the Keplr Extension?
How to Stake INJ in the Keplr Mobile
Manage Authz grants and revoke them in the Keplr extension
Injective Blockchain Explorers

Injective is a blockchain focused on providing a robust framework for building next-gen DeFi products. An MEV-resistant on-chain order book, cross-chain bridging infrastructure, and compatibility with IBC-enabled blockchains, Ethereum, and non-EVM chains such as Solana, make Injective highly interoperable and attractive for both developers and users. Learn more about Injective in our overview.

The Injective native token, INJ, is used for gas fees, governance participation, incentivizing developers building on Injective, and securing the network through staking. This guide will explain how to stake INJ using the Keplr Wallet.

We will cover the following:

  • How to stake INJ using Keplr Extension

  • How to stake INJ using Keplr Mobile App

  • How to manage your delegation: claim rewards, redelegate, undelegate

  • Manage Authz grants and revoke them in the Keplr extension

  • Injective Blockchain explorers.

Why Stake INJ?

Injective leverages a Tendermint-based Proof-of-Stake consensus mechanism, which means everyone can contribute to the security and decentralization of the network by delegating the native tokens to one of the validators while also earning staking rewards.

What is the Keplr Wallet?

Keplr is an open-source non-custodial IBC-enabled wallet for the Cosmos Interchain ecosystem providing access to 40+ blockchains. The wallet is available as a browser extension, web dashboard, and mobile app and opens up a wide range of possibilities for its users, such as multichain assets management, IBC transfers, on-chain governance participation, fiat-to-crypto solutions, staking and managing your delegations, and more.

How to Stake INJ via the Keplr Extension?

Install Keplr extension

Download the extension on your preferred web browser.

Install Keplr extension

Click Add to Chrome → Add extension.

Add to Chrome

Add extension

You can pin the Keplr extension in the Tools menu for quick access.

Pin extension

After installing the Keplr wallet extension, you will be asked to create a new wallet or restore an existing one. Keplr offers various options to access the wallet: via hardware wallet, recovery phrase, private key, or with Google. For this guide, we will create a brand-new wallet. To do so, click on the "Create a new wallet" button.

Create wallet 

Select the way you want to create your wallet. For this guide, we will create a wallet using a new recovery phrase. 

Select the way to create your wallet

Сarefully read the security tips, and click on the "I understood. Show my phrase" button.

Back up the phrase

Back up your 12- or 24-word recovery phrase for accessing the wallet. It's crucial to save the mnemonic in a secure way, as this is the only way to access and restore your wallet. To properly safeguard your recovery phrase, it's recommended that you write it down and store it in a secure location that's accessible only to you. You may also use a specialized device designed for seed phrase storage. Make multiple copies of the phrase to minimize the risk of loss or damage.

Avoid taking screenshots or copying the mnemonic to the clipboard as this puts it at risk of being compromised. Never share your mnemonic seed with anyone. 

After backing up your recovery phrase, click Next.

Back up your recovery phrase

Verify your recovery phrase, give your wallet a name, create a strong password, and click Next.

Verify your recovery phrase

Your wallet has been successfully created. Now, you can select Injective from the dropdown menu and click Save.

select chains

Top up your Keplr Wallet

In the Keplr Extension, click on the ‘Deposit’ button to copy your Injective wallet address or scan the QR code and send your INJ tokens to the Keplr Wallet. 

top up your wallet

Stake INJ via the Keplr Extension

Now that you have INJ in your wallet, we can move on to staking. Click the 'Staked' button and then 'Stake with Keplr Dashboard' to go to the Keplr dashboard.

Stake button

Select injective from the list of available assets.

Select chain

Select the validator to which you want to delegate your INJ tokens and click on it.

Enter the amount you want to delegate and click the Stake button. Make sure to leave a small amount of INJ tokens for future payments for transaction fees.

Stake to Everstake

Approve the transaction.

approve the transaction

You’ll see your delegation in the ‘Staking’ section.

Staking dashboard

In the same ‘Staking’ section, you can redelegate your tokens to another validator or unstake the funds. Bear in mind that the unstaking period is 21 days. 

Unstake or redelegate your tokens

Unstake or redelegate your tokens

To claim your staking rewards, click the Claim button and approve the transaction.

Claim rewards

How to Stake INJ in the Keplr Mobile

Download Keplr Mobile App

You can download a Keplr mobile app if you prefer to work on your phone. 

Download Keplr mobile

Once downloaded, you can either create a new wallet or import an existing one. Let’s import a wallet we’ve just created via the Keplr extension.

Import existing wallet

You can do it either by clicking Import existing wallet (and entering the mnemonic seed) or by clicking the ‘Import from Keplr extension’ button. Moving on with the latter option.

Import from extension

To continue, you need to go to the Settings section on your Keplr extension → 'General' → 'Link Keplr Mobile' → enter your password → scan the QR code on Keplr Mobile.

Link Keplr mobile

 

Click Next on your mobile app and scan the QR code.

Next button

Enter the password to continue, and you’re all set!

Enter the passwordWallet imported

Stake INJ in the Keplr Mobile App

The staking process in the Mobile App is quite similar to staking via extension. Select injective from the list of available assets.

Switch networks to Injective

Click the Stake button.

Stake button

Choose the validator.

Choose the validator

Enter the amount to stake and click Stake → Approve.

Enter the staking amount

Well done!

Transaction successful

You can manage your delegation in the mobile staking dashboard.
Staking dashboard

Here you can claim the rewards:
Claim rewards

And also unstake or redelegate:

Unstake or redelegateSwitch or unstake

Manage Authz grants and revoke them in the Keplr extension

With Keplr, you can easily manage your auto-compound strategies for Yieldmos or Restake apps directly from your wallet. You can view the details of your Authz grants, including their expiration date, or revoke them using the Keplr extension.

Manage Authz grants

Injective Blockchain Explorers

You can monitor the network's statistics and access a list of the Injective validators using one of the Injective blockchain explorers:

Everstake operates across over 70 blockchains and has assigned dedicated DevOps, R&D, and community expert teams. If you have any queries, you can contact our Injective Blockchain Manager via X anytime.

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Everstake is the world's leading validator, with 735,000+ delegators across 77 blockchain networks. We stake $4.8 billion in assets and provide best-in-class staking services to institutional and retail clients.

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