Canary Staked INJ ETF Structure Integrates Native Protocol
Photo: Crypto Economy
TL;DR Canary Capital plans to stake most of the INJ tokens held by its ETF to earn staking rewards. The rewards will be reinvested into the fund, increasing the amount of INJ backing each share. The fund will maintain a liquidity reserve to manage redemptions and Injective’s 21-day unbonding period. Canary Capital has detailed how ... Read more
Source: Crypto Economy
