Stride (@stride_zone) is a liquid staking platform in the #Cosmos ecosystem. Key features include:
Main Functionality
Stride enables users to perform liquid staking of various cryptocurrencies, including:
#TIA (#Celestia)
#ATOM (#Cosmos)
#DYM
#DYDX
#OSMO (#Osmosis)
Other Cosmos ecosystem tokens
Advantages
Reward Optimization: Users can earn additional yield from staking. #DeFi
Flexibility: Liquid staking allows for maintaining flexibility in fund usage. #LiquidStaking
Security: Stride developers collaborate with leading Cosmos projects to ensure code security. #BlockchainSecurity
$STRD Token is Stride's native token, used for protocol governance. STRD holders can vote on important issues such as:
Distribution of stablecoins among validators
Acceptance of new validators
Protocol updates and improvements
As of October 7, 2024, the STRD token is trading at approximately $1.27 on 4 cryptocurrency exchanges. #CryptoTrading