Stride Staked JUNO PriceSTJUNOInactive

What is Stride Staked JUNO (STJUNO)?

Stride Staked JUNO (STJUNO) is a liquid staking receipt token issued by Stride, a liquid staking protocol in the Cosmos ecosystem. STJUNO represents JUNO, the native token of Juno Network, a permissionless CosmWasm chain in the Cosmos ecosystem, staked through the Stride liquid staking protocol. The token operates on Osmosis and is categorized as a liquid staking, asset-backed, interest-earning, and DeFi token.

Stride Staked JUNO allows holders to secure the Juno Network while retaining the ability to transfer, sell, or deploy their tokens in DeFi applications. Unlike native staked JUNO, which is locked and illiquid, STJUNO continues to earn staking rewards while remaining usable across the Osmosis ecosystem. The token is non-rebasing, meaning its value against the underlying staked token appreciates over time as staking rewards accumulate.

Stride supports 17 liquid staked assets across the Cosmos ecosystem, including stJUNO. STJUNO is a receipt token for JUNO staked through Stride. Because it is non-rebasing, each STJUNO becomes redeemable for progressively more JUNO over time as staking rewards accumulate; redemption is subject to the JUNO unbonding period.

Key Specifications & Tokenomics

• Name: Stride Staked JUNO
• Ticker / Symbol: STJUNO (also written stJUNO)
• CMC ID: 23213
• Official Website: https://www.stride.zone/
• Parent Protocol: Stride — Liquid Staking for the Cosmos ecosystem
• Category / Tags: Liquid Staking; Asset-backed Tokens; Interest Earning; DeFi; Osmosis Ecosystem; Rehypothecated Crypto
• Platform / Chain: Osmosis (OSMO)
• Token Standard: Cosmos IBC asset (native denom on Osmosis)
• Contract Address (CoinMarketCap): ibc/84502A75BCA4A5F68D464C00B3F610CE2585847D59B52E5FFB7C3C9D2DDCD3FE
• Launch / Start Date: CoinMarketCap lists the token on 2023-12-11; Stride itself launched in 2022.
• Total Supply (CoinMarketCap): 2,826,307 stJUNO
• Circulating Supply (CoinMarketCap): 2,826,307 stJUNO
• Max Supply (CoinDesk): ∞ (infinity)
• Supported Assets on Stride: stTIA, stBGT, stDYM, stSAGA, stDYDX, stATOM, stOSMO, stSTARS, stJUNO, stLUNA, stEVMOS, stINJ, stUMEE, stCMDX, stSOMM, stISLM, stBAND

Total supply and circulating supply are both 2,826,307 stJUNO according to CoinMarketCap; other trackers report different values. Market capitalization figures differ widely across trackers; see the live data panel for the current value.

Who created Stride Staked JUNO?

Stride Staked JUNO is issued by the Stride protocol. Stride launched in 2022 and has completed 10 audits, including seven by Informal Systems, two by Oak Security and one by Certik at launch. The protocol describes itself as "a secure minimalist blockchain," with security as its top priority. Informal Systems audited Stride seven times, covering all features and security measures. Oak Security reviewed Stride's infrastructure twice, focusing on core functionality and ICA oracle contracts. Certik audited the architecture of Stride's MVP for security at launch in 2022.

How does Stride Staked JUNO work?

Stride's liquid staking model follows three steps. First, a user supplies native JUNO tokens to the Stride protocol and receives STJUNO in return. This process is fast, requires no minimum amount, and involves no waiting period. Second, the staked assets compound staking rewards automatically. Beyond staking yield, users can earn additional yield by lending, providing liquidity, or participating in other DeFi activities with their STJUNO. Third, users can redeem the native token through the Stride app, subject to the unbonding period, or swap STJUNO instantly at the market rate on a decentralized exchange. Because staking rewards accumulate, users receive more native tokens back than they originally deposited.

Juno Network uses Proof of Stake consensus. STJUNO holders earn the staking rewards generated by the underlying staked JUNO, with the reward rate published by trackers such as StakingRewards.

Stride's liquid staked tokens are non-rebasing receipt tokens. This means the number of STJUNO tokens in a wallet does not change, but the amount of JUNO each STJUNO can redeem increases over time. For example, as stated by Stride, 1 stATOM equals 1.33 ATOM today, and this redemption rate increases daily. The same mechanism applies to STJUNO relative to JUNO. This design allows holders to benefit from staking rewards without locking their assets, providing both liquidity and yield simultaneously.

What makes Stride Staked JUNO unique and valuable?

Stride Staked JUNO offers several distinctive advantages. It provides liquidity to an otherwise locked asset, enabling JUNO holders to participate in DeFi while still earning staking rewards. The token is backed by staked JUNO, giving it intrinsic value tied to the underlying asset. Stride's multi-chain liquid staking approach means STJUNO is part of a broader ecosystem that supports 17 tokens across the Cosmos ecosystem.

Third-party commentary highlights Stride's growing significance. Delphi Digital noted that Stride grew to 35 million TVL from 5 million at the start of the year, benefiting both Stride and the broader ecosystem. Mars Protocol emphasized that liquid staking derivatives such as stATOM are critical to attracting PoS token liquidity. A commentator cited by Stride, Thyborg, said Stride brings liquid staking to all IBC-compatible chains. Blockworks Research described Stride as an appchain dominating the Cosmos LST market and a potential largest competitor to Lido. These endorsements underscore STJUNO's strategic position within the Cosmos liquid staking landscape.

What is Stride Staked JUNO used for?

STJUNO serves multiple purposes within the Cosmos and Osmosis ecosystems. Primarily, it represents staked JUNO and can be redeemed for JUNO, subject to the unbonding period. Holders can use STJUNO to earn staking rewards while retaining the ability to transfer or sell the token at any time. In DeFi, STJUNO can be lent, used for liquidity provision, or deployed in other yield-generating strategies, allowing holders to stack additional returns on top of base staking yield.

STJUNO also functions as a trading asset. Price trackers offer STJUNO conversion quotes into fiat currencies such as USD, EUR and SGD; these are reference conversions, not necessarily tradable pairs. STJUNO is tracked on major price aggregators and can be swapped on decentralized exchanges within the Cosmos ecosystem. Overall, STJUNO provides utility as a liquid staking derivative, a DeFi collateral asset, and a tradeable representation of staked JUNO.

According to CoinGecko, STJUNO has stopped trading on tracked venues, and CoinMarketCap shows 24-hour volume of zero; liquidity for swapping may therefore be limited.

How Is the Stride Staked JUNO ecosystem developing?

The Stride ecosystem continues to expand its supported assets and integrations. Stride currently supports 17 tokens, including stTIA, stBGT, stDYM, stSAGA, stDYDX, stATOM, stOSMO, stSTARS, stJUNO, stLUNA, stEVMOS, stINJ, stUMEE, stCMDX, stSOMM, stISLM, and stBAND. A banner on the Stride website announces "NEW stBGT is live! Earn points now," indicating ongoing product development and new asset onboarding.

The protocol's growth is reflected in third-party observations. Delphi Digital reported significant TVL growth, and Blockworks Research positioned Stride as a dominant player in the Cosmos LST market. Stride's multi-chain approach, spanning the Cosmos ecosystem, suggests a strategy aimed at capturing staking liquidity across interconnected chains. As the Cosmos ecosystem evolves, STJUNO's role as a liquid staking derivative for JUNO is likely to develop alongside broader DeFi adoption on Osmosis and IBC-compatible networks.

How to mine Stride Staked JUNO?

Stride Staked JUNO is not mined through proof-of-work. Instead, it is obtained through liquid staking. To acquire STJUNO, a user supplies JUNO tokens to the Stride protocol. In return, the protocol stakes the JUNO on the user's behalf and issues STJUNO as a receipt token. This process requires no minimum amount and involves no waiting period for issuance.

Once issued, STJUNO automatically earns staking rewards through a non-rebasing mechanism, meaning the redemption value of each STJUNO against JUNO increases over time. Stride applies a 10% commission on staking rewards from liquid staked tokens to sustain the protocol. Users can redeem STJUNO for JUNO through the Stride app, subject to the JUNO unbonding period, or swap STJUNO instantly on a DEX at the market rate. This staking model replaces traditional mining with a yield-generating liquid staking mechanism.

How to keep your Stride Staked JUNO Coin safe?

Security is a foundational principle for Stride. The protocol has completed 10 audits from multiple industry leaders. Informal Systems audited Stride seven times, covering all features and security measures. Oak Security reviewed the infrastructure twice, focusing on core functionality and ICA oracle contracts. Certik audited the MVP architecture at launch in 2022. Stride describes itself as "a secure minimalist blockchain," prioritizing security above all else.

For individual holders, keeping STJUNO safe involves standard cryptocurrency security practices. Store tokens in a reputable non-custodial wallet that supports Osmosis-based assets. Use hardware wallets for significant holdings. Verify contract addresses before interacting with any DeFi application. Be cautious of phishing attempts and unofficial links. Since STJUNO is an IBC asset on Osmosis, ensure any wallet or platform supports Osmosis and IBC transfers. Always access Stride through the official website at https://www.stride.zone/ and avoid sharing private keys or seed phrases with anyone.

STJUNO, like other crypto assets, is subject to price volatility, and its value can fall as well as rise. Regulatory treatment of crypto assets varies by jurisdiction and may change. Smart contract and protocol risks also apply. The points above are informational and should not be read as investment advice.