$seJUNO is a StakeEasy issued, staking derivative token of $JUNO. StakeEasy is an IBC enabled liquid staking protocol for the Cosmos ecosystem.
StakeEasy lets users stake their $SCRT and $JUNO tokens in exchange for liquid tokens. The staked assets can earn an auto-compounding staking yield and can earn additional yield through actions like lending and providing liquidity thus can be used in various DeFi use cases.
This opportunity not only increases yields for the individual, but has the ability to grow staking participation in general. Increased participation in staking not only strengthens the network, but is a boon for everyone involves and will build the future of the crypto ecosystem.
StakeEasy has raised $320k in the seed funding round on Aug16, 2022.