According to ChainCatcher, Lair Finance's $LsINJ has officially launched, becoming the first LSD application on Injective. Users can stake INJ to instantly receive liquid tokens, participate in multi-chain strategies, and automatically enjoy AVS rewards, unlocking both asset liquidity and earning potential.
Leveraging Injective's unique unified virtual machine architecture (a fusion of EVM and Cosmos), Lair is building cross-chain LSD infrastructure to enable one-click staking and multi-chain yields. Following the announcement, the price of $LAIR surged by 20%.