Choice launches sLINJ, a leveraged INJ staking token targeting about 12% APY

The new token from Choice, issued by MidasRWA on Injective EVM, packages looped INJ staking into a single wrapper Staking on Injective just got a shortcut, and it comes with leverage attached. On October 30, 2026, Choice launched sLINJ, short for Staked Looped INJ. The token gives holders leveraged exposure to INJ staking, with a target annual percentage yield of approximately 12%, paid out in INJ. What sLINJ actually does sLINJ takes the idea of staking and adds a leveraged, looped layer on top, then wraps the whole thing into a single token. Holders get the exposure without managing multiple staking positions on their own. The token is issued by MidasRWA and is available through the Choice platform on Injective EVM. That EVM label means the product lives on Injective’s environment built for Ethereum-style smart contracts. Users can subscribe with native INJ, which is automatically wrapped, or with WINJ or yINJ. Fees, redemptions and the 12% target The headline number is the target APY of approximately 12%. The key word is target. It is an objective, not a promise, and the actual yield could land elsewhere. The product also carries two fees. There is a 1% annual management fee, pl...