Twinstake is live on Injective

Joaquin Gutierrez
December 15, 2023
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Disclaimer: Twinstake does not provide staking services to retail customers. This newsletter is not intended as an offer, invitation or solicitation for the purchase or sale of any investment, nor is it intended to give rise to any other legal relations whatsoever and must not be relied upon for the purposes of any investment decision.

This newsletter and the information in it is not directed at, or intended to be made available to, retail customers.  It is directed only at persons who are professional investors (for the purposes of the Alternative Investment Fund Managers Directive (2011/61/EU) (known as ‘AIFMD’); professional clients or eligible counterparties for the purposes of the Markets in Financial Instruments Directive (Directive 2004/39/EC) (known as ‘MiFID’); or as otherwise defined under applicable local regulations and at whom this briefing note and the information in it may lawfully be directed in any relevant jurisdiction.  

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Twinstake now offers institutional staking of Injective (INJ).

Injective (INJ), a Layer-1 blockchain built for the finance sector, is now available on Twinstake’s institutional-grade non-custodial staking service. Injective is the only major blockchain network with a permissioned module that is natively compatible with global compliance frameworks and it is well suited to financial institutions who value its robust, secure cross-chain infrastructure.

As part of its onboarding due-diligence process for the staking on any new digital asset, Twinstake analyses the relevant blockchain protocol, and the key highlights of the Injective blockchain are summarised below.

Key Technical Features

Transaction throughput and security relies on the tried and tested Tendermint Proof of Stake (PoS) consensus, which delivers excellent security.

Injective’s unique architecture provides instant transaction finality for DeFi applications (DApps). With a block time of 800ms, Injective is one of the lowest latency PoS chains, minimising volatility in financial transactions of DApps built on Injective. Twinstake’s industry-leading staking infrastructure enables secure validation even at these lightning-fast speeds, meeting the complex technical challenge of rapid finality and achieving industry-leading performance.

Feature-rich and flexible cross-chain ecosystem

Software developers building on Injective are able use plug-and-play modules and familiar programming languages (Rust and Golang) to build innovative DApps in the flexible Cosmos SDK environment. Injective’s out-of-the-box library includes crypto’s first on-chain, fully decentralised order book and a powerful derivatives trading module. Key to these is the Band IBC Oracle providing decentralised data feeds natively to the Injective chain. The ecosystem uses CosmWasm smart contracts, including their unique auto-executing contracts, creating high traffic, high security transactions designed for cross-chain automation.Interoperability is fundamental to Injective’s offering. The Inter-Blockchain Communication Protocol (IBC) underpins the data oracle and provides frictionless access to a range of Layer-1 chains. Bridge protocols are secured by the validators of the Injective chain, including Twinstake’s nodes. Injective’s feature-rich cross-chain interactions allow for the secure transfer of crypto assets and Web3 data, as well as seamless trading and yield generation between the likes of Cosmos, Ethereum, Moonbeam, Coinbase, and Wormhole-integrated chains such as Solana and Avalanche.

Network and Transaction Fees

Injective’s strategy for the management of network and transaction fees also sets them apart from the competition, as they’ve have taken the approach to incentivise users with low to zero fees and price certainty for trading activity. Gas fees still apply to every transaction but are covered by the system’s relayers, the user interfaces that interact with the aggregate liquidity of the Injective Protocol. By removing an unpredictable cost barrier for users, transaction volumes can grow to accommodate larger institutional flows.Stake Injective with TwinstakeWith a growing interest in Injective’s robust cross-chain services, good validation infrastructure for the rapidly scaling ecosystem is vital. Twinstake provides the technical excellence and top tier security that completes the picture.

Twinstake is delighted to offer new reward opportunities for our institutional clients on this groundbreaking chain that sits at the intersection of decentralised and traditional finance.

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