
Injective details staking mechanics for Canary Staked INJ ETF
- —Most of the fund's INJ would be delegated to validators, with a portion left unstaked to meet creations and redemptions
- —Unbonding takes 21 days; rewards net of fees flow into the fund's NAV and are restaked
- —Shareholders get no cash distributions; staking income shows up in share value via a larger INJ balance
- —A Sept. 24, 2026 filing cited an illustrative ~6.8% annualized reward rate after taxes and commissions
Why it matters: The structure shows how staking yield can be embedded in spot ETFs, a template for future staking-fund filings.
Source: Blockchain.News