Stride Staked Injective STINJ
STINJ
29.88
$
5.63 %
Change 24h
Market Cap
$ 647,593
Volume 24h
$ 61,524
Circulating Supply
21,676
Explorers
Social
STINJ
$
| # | Exchange | Pair | Price | Volume 24h |
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Description
stINJ is the token received in exchange for staking INJ with Stride. INJ is the native token of Injective Protocol. 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.