Stride Staked Injective (STINJ) offers liquidity by providing a tradeable token for staked Injective assets. More
| Fully Diluted Valuation | $383,727 |
|---|---|
| 24H Trading Volume | $76,366 |
| 24H Low / High | $18.55 / $ 18.76 |
| Circulating Supply | 20.56K |
| Total Supply | 20.56K |
| Max Supply | ∞ |
| Categories | Liquid Staking 3 more |
|---|---|
| Founder | Anonymous |
| Website | app.stride.zone |
| Socials | |
| Chains | Secret Ecosystem 1 more |
| Explorer | Mintscan 1 more |
| Contracts |
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1 more
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| Name | Pair | OG Score |
|---|
Stride Staked Injective (STINJ) is a token within the Stride ecosystem, designed to enhance the liquidity of staked assets on the Injective blockchain. This article provides a brief overview of STINJ and its role in the decentralized finance (DeFi) landscape.
Stride is a protocol that enables liquid staking for various blockchain networks. Liquid staking allows users to stake their assets while receiving a derivative token that represents their staked position. This approach ensures that users can continue to participate in DeFi activities while their assets are staked.
Role of STINJ
STINJ is the token specifically for staked Injective assets within the Stride framework. By staking Injective (INJ) through Stride, users receive STINJ tokens. These tokens represent their staked INJ and can be used in other DeFi applications, providing liquidity and flexibility.
Benefits
Liquidity: STINJ offers liquidity to users who have staked their INJ. While their assets are staked, users can utilize STINJ in various DeFi platforms.
Earnings: Holders of STINJ can benefit from staking rewards generated by the Injective network, as well as potentially from the use of STINJ in different DeFi protocols.
Conclusion
Stride Staked Injective (STINJ) represents a significant development in the intersection of staking and liquidity. By allowing Injective stakers to receive and use a liquid token, Stride enhances the flexibility and utility of staked assets, aligning with the evolving needs of DeFi participants.
Stride Staked Injective (STINJ) offers liquidity to users by allowing them to stake Injective (INJ) and receive a liquid derivative token, which can be used across various DeFi platforms.
The information about the specific founders of Stride Staked Injective (STINJ) is not detailed in the provided text.
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