1/7 The Stride mainnet is now live! Surprise! π
For the first time in history, ATOM can be liquid staked in the Cosmos ecosystem. Check it out!
app.stride.zone
Launch details π§΅π
For the first time in history, ATOM can be liquid staked in the Cosmos ecosystem. Check it out!
app.stride.zone
Launch details π§΅π
2/7 What you can do with Stride right now:
β’ Deposit $ATOM with Stride to mint $stATOM
β’ Use stATOM to redeem staked ATOM
The Stride token, which weβve re-named $STRD, is NOT required to pay transaction fees on the Stride chain. Transactions are currently free.
β’ Deposit $ATOM with Stride to mint $stATOM
β’ Use stATOM to redeem staked ATOM
The Stride token, which weβve re-named $STRD, is NOT required to pay transaction fees on the Stride chain. Transactions are currently free.
3/7 Over the next 24 hours, we will launch and seed two liquidity pools on @OsmosisZone.
β’ STRD / OSMO
β’ stATOM / ATOM
The stATOM pool will be incentivized with STRD rewards.
β’ STRD / OSMO
β’ stATOM / ATOM
The stATOM pool will be incentivized with STRD rewards.
4/7 Strideβs full launch today will be followed by a number of rapid updates over the following weeks and months.
The airdrop for ATOM stakers will be claimable after Strideβs first post-launch update, expected at the end of September.
The airdrop for ATOM stakers will be claimable after Strideβs first post-launch update, expected at the end of September.
5/7 In the very near future, Stride will on-board @OsmosisZone and @JunoNetwork, and OSMO and JUNO stakers will receive their STRD airdrop.
Due to missing ICA implementation, Stride will not be able to support these chains until their next updates. Approximate time: 2-5 weeks.
Due to missing ICA implementation, Stride will not be able to support these chains until their next updates. Approximate time: 2-5 weeks.
6/7 A note on the Switching Cost Rebate Program:
Since users have to unstake their tokens to liquid stake them with Stride, the Program will compensate users for missed staking rewards during their unstaking period. The program will run for a number of months.
Since users have to unstake their tokens to liquid stake them with Stride, the Program will compensate users for missed staking rewards during their unstaking period. The program will run for a number of months.
7/7 Today is a historic occasion. No longer do ATOM holders have to choose between trading / DeFi and staking rewards.
With Stride, you can have both!
Check out all the details in our launch article:
medium.com/@stride_zone/sβ¦
With Stride, you can have both!
Check out all the details in our launch article:
medium.com/@stride_zone/sβ¦
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