The foundation ser
The foundation behind the Injective protocol
Oke and why is this being staked? It hurts out APR...
Because we want to have a secure chain? Our APY is quite high.
APR was quite high anyway, so this is a good change. The foundation decided to move more ERC20 INJ from Ethereum to the Injective Chain and secure the network even further by delegating to the most active validators that are actively participating in governance, have a high uptime and voted in favor of moving the protocol in the right direction
~2762 inj / day you take from the staking community
Man, they are not taking anything from anyone. The foundation also has their own allocation, which they can use as they want. They have staked these tokens, instead of just selling them, for example. It's a great gesture
Are you staking INJ? Just look at your current returns compairing to yesterday
True but 3 months ago apy was 5% so it’s up nog time
I was happy to stake when apr was 5%. How couldn't I be happy now at 11%?
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