Injective Releases Liquid Staking with Stride.
03 Apr 2023, 13:06
Injective Releases Liquid Staking with Stride
Injective has launched liquid staking for its native token INJ for the first time!
stINJ (the official liquid staked form of INJ) was made possible by Stride, a specialized app chain for liquid staking. With stINJ, users can unlock far more liquidity and yield generation opportunities across the Injective ecosystem. In turn, liquid staking introduces far more use cases and utility for the native INJ token as well.
To celebrate this milestone, Injective stakers will receive an exclusive Stride (STRD) airdrop, enabling the community to take part in governing the Stride DAO that helped to create stINJ.
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