KEY TAKEAWAYS
- TruFin has launched TruStake, an institutional-grade liquid staking solution, on the Injective blockchain, introducing the liquid staked token TruINJ.
- The integration with Injective enhances TruFin’s DeFi offerings, leveraging cross-chain compatibility and rapid transaction speeds.
- TruStake automates re-staking of rewards, maximizing capital efficiency and allowing users to focus on other yield strategies.
- The partnership with Injective ensures a compliant, secure, and efficient staking experience, broadening institutional DeFi access.
TruFin has successfully launched its institutional-grade liquid staking solution, TruStake, on the Injective blockchain. This integration introduces the liquid staked token, TruINJ, to the Injective ecosystem, offering users a new tool that meets stringent institutional standards. The launch was announced here.
TruFin, a major player in the institutional finance sector, collaborates with industry giants like Laser Digital to provide unique yield opportunities for liquid digital asset holdings. By leveraging Injective’s infrastructure, TruFin aims to enhance its offerings in decentralized finance (DeFi), benefiting from Injective’s cross-chain compatibility and rapid transaction speeds.
Enhancing Institutional DeFi with TruStake
TruFin’s integration with Injective brings institutional-grade Web3 primitives, such as liquid staking, to the forefront. These tools serve as foundational building blocks for digital asset strategies, focusing on a compliant-first approach to generate rewards transparently on-chain. TruFin’s infrastructure supports multi-chain liquid staking, boasting approximately $270 million in total value locked (TVL) from institutional and accredited investors.
The partnership with Injective complements TruStake’s institutional-grade staking solution, enhancing value delivery to users. This collaboration enables TruFin to offer regulatory-compliant access to liquid staking, supported by stringent anti-money laundering (AML) and know your customer (KYC) procedures.
Maximizing Capital Efficiency and User Experience
TruStake on Injective enhances usability by automating the re-staking of rewards, maximizing capital efficiency for staked assets. This process eliminates the need for constant manual oversight, allowing users to focus on other yield strategies within the DeFi ecosystem.
TruStake allows users to stake their INJ while retaining liquidity for use in liquidity pools, borrowing and lending markets, and other yield strategies. Additionally, TruINJ offers instant redemption via decentralized exchange (DEX) liquidity, enabling immediate swaps to INJ, contrasting with the native unstaking process that involves a 21-day unbounding period.
The launch of TruStake on Injective marks a significant step in bringing institutional DeFi to a broader audience. By integrating Injective’s unique DeFi features, TruFin is positioned to deliver an efficient, secure, and compliant staking experience that maximizes yield, liquidity, and user experience.
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