Cosmos-based Liquid Staking Protocol Stride to Launch $stINJ in November

Cosmos-based liquid staking protocol Stride announced that it will launch $stINJ in November. Users can deposit $INJ into Stride to mint $stINJ. At launch, an stINJ/INJ trading pair will be available on Injective-based DEX Helix.

In addition, Stride will airdrop its token $STRD to $INJ stakers. The snapshot was completed on October 24th at 17:08 UTC. Users need to stake their $INJ to be eligible to claim.