What is Liquid Staked Nibiru (stNIBI)?

Liquid Staked NIBI (stNIBI) is a fungible, liquid staked variant of the Nibiru token, NIBI. When users liquid stake their NIBI tokens using the Eris Protocol smart contracts, they receive stNIBI in return. This approach allows users to bolster network security and earn staking rewards while maintaining liquidity and the ability to explore DeFi opportunities.

Learn more: Nibiru Docs - Liquid Staked Nibiru (stNIBI)