TruFin: Institutional-Grade Liquid Staking on Injective

Injective Academy
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Institutional-grade liquid staking solution on Injective

Recently, the launch of the TruFin Protocol on Injective was successfully held, it is a unified liquid staking platform that brought TruStake to Injective.


Accessing TruFin

  • Onboarding process checks if users meet KYB/AML thresholds set by the foundation.
  • The onboarding process is repeated periodically based on risk assessment (typically yearly)
  • Wallets are monitored on an ongoing per-transaction basis for AML/CFT compliance by Elliptic.

How it works

  1. Stakers deposit native tokens (e.g. INJECTIVE) into the TruStake vault.
  2. The vault sends the stake to the PoS validator.
  3. Stakers earn rewards for validating new blocks.
  4. The TruStake vault issues a reward-bearing liquid staking token (LST).
  5. LST accrues value and can be used across DeFi & Web3 via TruFin.

Security

  • Institutional-grade security
  • Robust staking infrastructure
  • Secured staking nodes
  • AML/CFT monitoring via Elliptic
  • Focus on secure staking experience
  • TruStake’s smart contracts on Injective are rigorously audited by Zellic

Key facts

  • Automatic re-staking of rewards
  • Maximizes capital efficiency
  • Retains liquidity for DeFi use
  • Instant redemption via DEX liquidity
  • 21-day unbounding period for native unstaking

Now manage risk, generate rewards, and securely on-chain with TruFin.

from Ninja to Ninja

Authored by Ninja: ISHAN
Date: 14/12/2024
 

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