We are pleased to announce that leading validators globally are officially joining Injective’s Equinox Staking testnet as genesis validators. These validators currently help to stake billions in assets for top projects such as Cosmos, Band Protocol, Elrond, Terra, Solana, and many others.
Our genesis validators will be instrumental as we go on to test robust parameters of our network before our mainnet launch such as reward distribution and network security.
The graphic above provides a glimpse into some of our major genesis validators.
Our genesis validators were carefully chosen based on their past work and performance on other networks. We analyzed aspects such as their uptime, assets under management (AUM), and knowledge of Tendermint-based chains. We also sought to have a distributed network of validators across the globe in order to ensure heightened network speeds in different regions.
A major component of Equinox Staking will be to test the security features of our network. Many of our genesis validators are well versed in testing advanced attacks on network security and have conducted testing for major blockchains in the past. These optimized attack vectors will directly help to increase the security features of our protocol. As Injective plans to be the go to exchange for users worldwide, security is of the utmost importance so rigorous testing will be critical for this phase.
In the coming days we will be spotlighting each of our validators so that our community can better understand their role in Injective moving forward.
In the coming days, we plan to introduce the overall reward scope for Equinox Staking. Our validators have already synced with Injective, so we are preparing to launch the delegation phase shortly. This will allow anyone within the Injective community to participate in the first ever staking event for Injective.
About Injective Protocol
Injective Protocol is the first layer-2 decentralized exchange protocol that unlocks the full potential of decentralized derivatives and borderless DeFi. Injective Protocol enables fully decentralized trading without any restrictions, allowing individuals to trade on any derivative market of their choosing. Injective Protocol is backed by a prominent group of stakeholders including Pantera Capital, one of the most renowned venture capital firms in the world, and the leading cryptocurrency exchange, Binance.