May 2, 2023

Injective Hub

Gn, ninjas

Today I have prepared for you a small guide to Injective Hub by @Injective.

Twitter: @Injective_

Discord: https://discord.gg/injective

Website: https://injective.com/

What is an injective hub?

Injective Hub is a unified interface for Injective staking, governance, insurance funds and wallets.

So Where do you start?

Its easy. Firstly you need to follow the link: https://hub.injective.network/

Then you need to click on the Connect button in the upper right corner. There you will be prompted to connect your wallet to choose from.

We select the wallet that you have, connect it. If you have an address in the upper right corner, then you did everything right :)

This address is equivalent to your ETH wallet address.

Bridgeing ETH to your Injective wallet

Go to the Bridge(click) tab on the left side of the screen. A window like this will open:

You will see your INJ balance on Ethereum and Injective Chain. Then in this line we set how many tokens you want to transfer and click Transfer Now. We are waiting for a small amount of time and Done, the tokens are on our INJ wallet.

If you don't have INJ tokens yet, you can purchase them here (click). Or you can buy them on any exchange convenient for you.

Let's move on to functionality

Staking

To stake your INJ, go to the STAKING(click) tab, there you will see information such as APY stakes and total INJ stakes, followed by a list of all active validators.

Then select the validator you like and click the Delegate Now button. This window will open for you. In it, select the number of tokens that you want to stake.

We press the Delegate button, sign the transaction and Done!

If you want to withdraw your tokens, then press the red unbond button.

Governance

If you are interested in INJ, you can participate in the management and voting, which will determine the vector of movement Injective.

In the left panel, select the Governance(click) button. There you will see general information and offers, current and past. For example:

1) Click on the active vote.

2)Read what is included in this vote and its description.

3)Choose whether to head or not in this column and sign the transaction.

You can also organize your offers with this button:

Insurance Funds

Here you can insure your funds.

First go to the tab Insurance Funds(click) in the left panel. The following window will open:

Then select the pool you want to sign, click the Underwrite button, select the number of tokens, and sign the transaction.

You can request a ransom from the insurance fund. To do this, you need to click the button Request a Redemption. In the window that appears, select the number of tokens you want to redeem, click on the Request Redemption button and sign the transaction.

Auction

Here you can win a basket of tokens by betting and outbidding other participants.

Go to the Auction(click) tab in the left tab.

Then we look at what is in the auction basket, look at the last bid and, if everything bothers you, then click on the Place a Bid button. Choose the value of the bet in this window:

...And Done!

Now we are waiting for the end of the auction, not forgetting to follow the rate.

Frequently Asked Questions(FAQ)

In this section you can read the most popular questions and answers to them!

If you liked this article, I will be grateful for the like and subscription :)

Twitter: @Eveleyan