Exchange Stride Staked Injective

stinj Price Live Data

The live Stride Staked Injective price today is $ 24.72 usd with a 24-hour trading volume of $259 831 usd. We update our STINJ to usd price in real-time. Stride Staked Injective is down -1.95% in the last 24 hours. The current coinmarketcap ranking is #4795, with a live market cap of $454 348 usd. It has a circulating supply of 18 338 STINJ coins and the max. Supply of 18 338 STINJ coins.

What Is Stride Staked Injective (stinj)?

"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."