Stride Staked Juno STJUNO Price

What is Stride Staked Juno (STJUNO)?

In the rapidly evolving Cosmos ecosystem, Stride introduces an innovative approach to cryptocurrency staking with its Stride Staked Juno (stJUNO). This derivative token represents a 1:1 staked equivalent of the JUNO token, which is native to the Juno Network—a permissionless blockchain tailored for CosmWasm smart contracts and a major hub for DAOs within the Cosmos system. Stride leverages the multichain capabilities of Cosmos to offer liquid staking solutions, allowing users to stake their JUNO tokens and receive stJUNO in return. This exchange not only retains the original token's value but also enhances liquidity, enabling participants to partake actively in DeFi activities across platforms like Umee, Osmosis DEX, and cSwap with a substantial staking reward of 33.48%.

Stride's commitment to security is evident from its extensive auditing history. Having undergone nine separate security audits conducted by prominent firms such as Informal Systems, Oak Security, and Certik, Stride emphasizes its dedication to maintaining robust security protocols. These audits ensure that users' investments are protected under stringent safety measures, bolstering confidence in using stJUNO for staking and trading. By providing a secure and efficient framework for liquid staking, Stride not only fosters growth within the Juno ecosystem but also sets a standard for other projects aiming to integrate similar technologies in the Cosmos blockchain.

What is unique about Stride Staked Juno (STJUNO)?

Stride Staked Juno (stJUNO) uniquely offers 1:1 liquid staking of JUNO tokens on the Cosmos blockchain, enabling users to earn significant staking rewards while participating in DeFi activities.

Who are the founders of Stride Staked Juno (STJUNO)?

Founders are remaining anonymous.

Where can I buy Stride Staked Juno (STJUNO)?

You can buy Stride Staked Juno (STJUNO) on Osmosis cryptocurrency exchanges.