stINJ

Stride Staked Inj price
StINJ

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For more details on listing tiers, refer to Listings Review Criteria Section B - (3).
Total supply
72.63K stINJ
Max. supply
--
Self-reported circulating supply
72.63K stINJ


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About Stride Staked Inj

stINJ, or Stride Staked INJ, is the first INJ LST (Liquid Staking Token) derivative, functioning as a representation of the native INJ token from Injective Protocol. Injective is a DeFi-focused layer-1 blockchain in the Cosmos Ecosystem. Staking INJ enables users to earn staking rewards while maintaining the flexibility to access their token holdings. stINJ is seamlessly integrated into major DeFi platforms within the Cosmos network, including Astroport, Shadeswap, Demex, and Carbon Nitron. This integration empowers users to engage in various DeFi opportunities while simultaneously earning a staking yield. By staking INJ with Stride, users can earn stINJ, which are redeemable for INJ at a 1:1 ratio, subject to the unbonding period on INJ. Stride supports staking INJ on its mainnet, which launched in late July 2022. With stINJ, users can retain liquidity in their staked tokens while also earning staking rewards, giving them the ability to take advantage of Injective Protocol's DeFi offerings and pursue more yields within the ecosystem.

Stride is a multichain liquid staking zone (appchain) in the Cosmos Ecosystem. Stride allows users to stake any IBC-compatible tokens, and receive stTokens in return, which are redeemable for the original token at a 1:1 ratio. By staking their tokens using Stride, users will be able to earn staking rewards, while also retaining liquidity in the form of stTokens, which will allow them to take advantage of Cosmos DeFi and pursue more yields there.