How to Stake INJ Using the Leap Wallet

Injective is a blockchain specifically designed for building next-generation financial applications. Thanks to its out-of-the-box modules, such as a completely decentralized MEV-resistant order book, developers can utilize Injective to create a wide range of dApps. Additionally, Injective provides CosmWasm smart contract environment with an implementation that enables automatic smart contract execution.

Thanks to the Cosmos SDK and the Tendermint-based PoS consensus mechanism, Injective can achieve instant transaction finality with 10,000 TPS throughput and a block time of about 1 second.INJ holders can profit from staking their tokens with Injective validators and receive staking rewards for contributing to the security and decentralization of the blockchain.

This guide will explain how to stake INJ using the Leap Wallet.

About the Leap Wallet

Leap wallet is a non-custodial wallet for the Cosmos ecosystem, allowing users to manage assets across 40+ Cosmos chains. Available on mobile (iOS and Android), as a browser extension, and as a web dashboard.

Why Stake INJ?

Utilizing the Tendermint proof-of-stake consensus framework, Injective allows individuals to delegate the native token, INJ, to Injective validators to get staking rewards.

While validators participate in the consensus process and validate transactions, any INJ holder can contribute by simply delegating assets to a validator.

How to Stake INJ Using the Leap Extension

Install the Extension

Download the extension on your preferred web browser.

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Add the extension.

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Choose how you’d like to set up your wallet:

For this guide, we will create a brand-new wallet. 

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Back up your 12- or 24-word recovery phrase the next screen displays.

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Create a strong password for unlocking your wallet and hit Proceed.

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Once created, the wallet will be displayed on the toolbar of Google extensions.

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To select Injective, click on the icon at the top right corner and open the chain selection list. From there, look for Injective and click on it.

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Top up Your Leap Wallet

Now that the wallet is set up, you can deposit INJ. If you already have a positive balance, you can proceed to the next step on how to stake INJ. To deposit funds, simply click the Receive button on the main screen and either use the QR Code or copy the wallet address.

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Stake INJ 

Go to the Stake section on the home screen and hit the Stake button.

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Select the validator to which you want to delegate your INJ tokens.

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Enter the amount you want to delegate and click on the Review button. Keep a small amount of INJ tokens in your wallet to cover future transaction fees.

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Check the transaction details, and if everything is correct, hit Stake INJ.

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Once completed, you will see your delegation in the Activity section.

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Manage Your Delegation

In the Stake section, you can manage your delegation (Stake → Breakdown by Validator). 

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Here you can:

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How to Stake INJ Using Leap Mobile

Install Leap Mobile App

Go to the Leap website to get the download link.

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Once installed, you can create a new wallet or import an existing one (Leap, Keplr, or Cosmostation). We will import a wallet we’ve just created via the Leap extension for this guide.

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Hit Import an existing wallet → Sync with the browser extension.

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Follow the steps below to sync your mobile wallet with the Leap browser extension.

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On your Leap browser extension, click on the menu icon in the upper left corner → hit Sync with mobile app → enter the password to unlock the wallet → scan the QR code using your Leap mobile app to sync with the browser extension.

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After scanning the QR code, enter your Leap browser extension password to sync with mobile, and you’re all set.

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Click the icon in the upper right corner to open the chains list. Find and click on Injective to switch.

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Stake INJ

Go to the Stake section and hit the Stake button.

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Choose a validator from the list.

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Enter the delegation amount and hit Review. Leave a small amount of tokens for the transaction fees. 

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Check the transaction and hit Stake INJ to proceed.

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You’ve successfully delegated your INJ tokens to a validator.

Manage Your Delegation

Like in the browser extension, you can manage your delegation (claim rewards, unstake, redelegate) in the Stake section by clicking on the validator’s name.

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Injective Blockchain Explorers

The following blockchain explorers will provide you with the network metrics and Injective validators’ details:

Everstake is a responsible validator trusted by 625k+ users across 70+ blockchain networks. Created by engineers for the entire community in 2018. It’s a self-funded, profitable business employing 125+ people, running over 8,000 nodes for 70+ blockchain protocols, including bridges and oracles. We invest in promising blockchain startups in early phases via Everstake Capital. Among 25+ success stories of such investments are Solana, Wormhole, Metaplex, Pyth, The Graph, and more.

If you have any queries regarding staking INJ, please contact our Injective Blockchain Manager on Twitter.