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Choice launches sLINJ token for leveraged INJ staking with a 12% target yield on Injective EVM.

Protocol Fundamentals
31 Oct 2026, 00:28 WIB
Crypto Briefing
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Bullish
Choice launches sLINJ token for leveraged INJ staking with a 12% target yield on Injective EVM.

Choice introduced sLINJ, a new token on Injective EVM that offers leveraged exposure to INJ staking with a target annual yield of about 12%, paid in INJ. The token simplifies staking by wrapping looped INJ staking into one product, allowing users to gain higher returns without managing multiple positions. It charges a 1% management fee and a 15% performance fee, with redemptions taking up to three days unless vault liquidity allows instant withdrawals. This launch reflects Injective's ongoing efforts to expand DeFi yield options and involves third-party issuer MidasRWA, signaling growing structured product activity on the platform.

INJ is currently priced at Rp128.597 on Pluang, down 6.35% in the last day. As of Oct 31, 2026 04:41 WIB, the market cap stands at Rp12,99 trillion with a 74% buy order activity, indicating steady investor interest despite recent price declines.

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