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🔥 Do you want to stake your $INJ tokens and earn rewards from both @Injective_ and #DeFi platforms at the same time?
If yes, then you need to check out liquid staking on Injective with @stride_zone , a new and innovative #LSD protocol.
Here's why:👇🏼
If yes, then you need to check out liquid staking on Injective with @stride_zone , a new and innovative #LSD protocol.
Here's why:👇🏼
🫧 Liquid staking is a process that allows you to stake your $INJ tokens on Injective and receive $stINJ tokens, which are synthetic tokens that represent your staked $INJ.
You can then use #stINJ tokens in various #DeFi applications to earn yield, trade, lend, borrow, or vote
You can then use #stINJ tokens in various #DeFi applications to earn yield, trade, lend, borrow, or vote
Liquid staking is important for $INJ because it enhances the utility and value of the token in several ways:
- It enables you to earn rewards from both staking and #DeFi activities without sacrificing security or liquidity.
- It enables you to earn rewards from both staking and #DeFi activities without sacrificing security or liquidity.
