@stride_zone $ST is going live in late September - short🧵to of get you ready for liquid staking provider launch and #airdrop:
- 50% of the $ST total supply will be given out through airdrops, incentives, staking rewards, etc.
- #airdrop is 6,300,000 #ST, 6.3% total supply
(1/)
- All partner tokens and contributor tokens vest linearly over 2 years, with a 1 year delay.
- It will take 3 years post-launch for all tokens to vest.
- Stride will charge a 10% fee from the staking rewards of liquid staked tokens.
- Stride will launch with liquid staking support for $ATOM, $OSMO, and $JUNO. Users will be able to deposit those tokens to mint stTokens.
- Early adopters will be rewarded, you may want to start unstaking your tokens now if you plan to participate (NFA, DYOR)
(3/)
- In the first 3 months users will be paid $ST to deposit tokens with Stride, as they will be missing out on staking rewards during the unstaking period
- 725,000 $ST allocated to help compensate users for missed staking rewards
(4/)
More $GNOT #airdrop / platform details that @moul was kind enough to share:
- $GNOT #airdrop may be released later in 2022; if not it's because it makes sense to wait as the platform is developed further
- CEX addresses will be removed from calculations before launch
(1/)
- Part of Gnoland may be releasing later in 2022; TBD
- Some projects backed by the Gno chain may be released this year as well
- Team is focused on making the platform robust for developers
(2/)
- @adenaapp is developed by an independent team
- An external contributor started working on a Keplr integration
- Team expects to have multiple $GNOT claiming options on #airdrop day
- There will be an official method to claim that will be promoted by the team
- 750M $GNOT airdropped for $ATOM holders and stakers (as reported by @johnniecosmos )
- 100M $GNOT attributed between New Tendermint Inc. and @jaekwon
- 100M $GNOT given Core Mission DAO, to manage the community & ecosystem
(1/)
- $GNOT first use case will be to pay the transaction fees and reward validators
- $GNOSH (Gno shares), will be used to reward the contributors with a mechanism called Proof of Contribution that is still being defined. $GNOSH will be earned through bounties
(2/)
- $ATOM, $JUNO, and $OSMO are the first confirmed Zones that will be onboarded to the protocol at Genesis
- Other zones will be on-boarded too, and will also receive $QCK #airdrop
(1/)
- over 100M+ $QCK will be airdroped to the accounts that are staking on any given chain onboard and are on the snapshot. The first airdrop will take place at Genesis.
- snapshots taken closer to launch; dates will not be revealed
- min staking amounts will not be revealed
Do not chase #airdrops - only invest what you can afford to lose.
(2/)
Picking a validator for your assets - tl;dr: Look for:
- active team
- voting record
- team that adds value to #Cosmos
- missing blocks? stay on top of performance
- stake outside top 20
- no CEXs
- diversify your stake and validators