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.
Where is Stride Staked Injective available for purchase?
You can exchange STINJ tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Stride Staked Injective is Shade Protocol, notably the STINJ/STINJ pair, which saw a trading volume of $ 63,538 in the past day.
What is the highest value Stride Staked Injective (STINJ) has ever reached?
Stride Staked Injective (STINJ) reached its peak price at 62.85 $ on 13 March 2024, approximately a year ago ago. Presently, the current price is -68.52% lower than this all-time high.
What is the historical minimum price for Stride Staked Injective (STINJ)?
The minimum price reached for Stride Staked Injective (STINJ) was 0.010385 $, documented on 15 January 2024, more than 2 years ago. In comparison, the current price is 51,36 TN.%, it above this historical low.
What is the fully diluted valuation of Stride Staked Injective (STINJ)?
The fully diluted valuation (FDV) of Stride Staked Injective (STINJ) stands at $ 397,820. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of STINJ tokens. The realization of this FDV might take several years depending on the emission schedule of STINJ tokens.