Stride Tokenomics Update: Allocate Protocol Fees to Buy Back and Burn STRD
This is a signaling proposal to update Stride’s tokenomics by introducing a buyback and burn mechanism for the STRD token using Stride protocol fees. The mechanism will utilize 85% of Stride’s protocol fee to buy back STRD and send it to a burn address: stride1qqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqsgqrn3 (See Appendix below for burn address details). With the current state of protocol fees this would result in approximately 923,000 STRD (1% of current max supply) being bought back and burned per year.
The Leap Dashboard, part of a suite of tools created by the team at Leap Wallet, is a user-friendly platform that provides a seamless experience for managing assets in the Cosmos ecosystem. With the integration of the Stride liquid staking protocol, users can now enjoy the benefits of liquid staking on the Leapboard Dashboard. This comprehensive guide will walk you through the process of using the Leap Dashboard to liquid stake your tokens. How to Liquid Stake Stride LSTs with the Leap Dashboard
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
Technical Analysis Blockchain Platform: Movement is built on a modular framework that supports the Move Programming Language. The project integrates with Ethereum, facilitating interoperability between EVM and Move-based applications.
Smart Contract Functionality: Movement’s platform supports the development and deployment of smart contracts using the Move language, providing enhanced security features and streamlined execution.
Tokenomics: While specific details on tokenomics were not provided, Movement's framework is intended to bridge liquidity between EVM and Move-based ecosystems, suggesting a utility token model facilitating transactions and governance within this ecosystem.
Cryptography Used: Movement leverages the cryptographic principles embedded in Move, a language originally developed by Facebook for the Libra (now Diem) project, known for its safety and flexibility in asset management.
Consensus Mechanism: The specific consensus mechanism was not detailed. However, compatibility with EVM suggests that it might utilize mechanisms like Proof of Stake (PoS) or similar secure and scalable consensus algorithms.
Scalability: Movement’s M1 framework is designed for horizontal scalability, reflecting its capability to support a high number of transactions per second and accommodate diverse application demands.
Evolution of the airdrop concept The market has evolved from gratuitous ‘thank you’ airdrops to point farming, inflated user expectations and the fight against multi-accounting.
The first airdrops ⚫️First in the crypto industry airdrop was conducted by AuroraCoin in 2014, distributing tokens to Icelandic residents to incentivise their use as currency.
Classic Retrodrops ⚫️2020 Uniswap conducted a retrodrop without announcing it in advance. 90% of the addresses that interacted with the protocol received 400 UNI (roughly $1400 at the time of bidding). This set a new standard for airdrops, where users are rewarded for past activity.
User sharing models ⚫️2023 projects like Aptos and Jito began implementing models where users were categorised by activity. For example, users who participated in the Aptos test network received 150-300 APTs depending on activity.
Allocation by activity ⚫️Arbitrum and Optimism introduced action-based distribution in 2023, where rewards were based on participants' onchain activity.
Points programmes ⚫️2024 point-based programmes started to displace retrodrops. An example is the Renzo protocol, where users earned points for actions, which were then converted into tokens.
Airdrops are gradually losing their effectiveness. Distributions from ZKsync and LayerZero have shown that this tool can exhaust itself: developers try to get the most out of users, and those create multi-accounts to get tokens and sell them quickly. Thus, trust between the parties is reduced...
Stride protocol integrating with Namada to build onchain data protection solutions
Summary -Namada, the shielded asset hub rewarding you to protect the multichain, is launching soon -All Stride LSTs will be supported by the Namada multi-asset shielded pool -Major Stride LSTs will be eligible for Namada shielding rewards -Stride will integrate Namada into the Stride ecosystem page
Data protection for Cosmos and beyond Namada is a multichain, multi-asset data protection network supporting Cosmos, Ethereum, and beyond. Over the past few months, Namada has published the eligibili
Frax is Coming to Movement and Bringing its Whole DeFi Stack
DeFi could change how we use money. But so far DeFi is failing. The point of failure? Safety. Billions are lost to DeFi hacks each year. Many of these hacks stem from code vulnerabilities, and most would be preventable if developers coded in Move. Movement DeFi is built on an idea: in order for DeFi to reach its potential, it must be safer. A powerful DeFi ecosystem is forming on Movement, an economy of apps benefitting from Movement’s greater safety – not to mention its modularity, liquidity,
@everyone stDYM airdrop claiming begins today 🎉 From Feb - June, a total of 250K STRD was allocated to holders of stDYM. Airdrop distribution begins today, lasts until December. Don't want to wait that long? Insta-claim your airdrop today! Details 👇 For the stDYM airdrop, STRD is distributed exactly 150 days after allocation. So if you held stDYM on the first day of the airdrop, you can claim your first day's worth of STRD today. Distribution period will last 150 days starting today. Want your full allocation now? There's an option to insta-claim your full amount. But there is a cost. To insta-claim, you forfeit 30% of your total airdrop. The insta-unlock option is only available for the next 30 days. Check out the Stride airdrop page for everything you need to know! Also, remember that stTIA airdrop is currently being distributed. And stSAGA airdrop will begin distribution shortly. 👉 http://app.stride.zone/airdrop
Обновление: отложенная очередь отмены делегирования stATOM
Краткое содержание В течение выходных были высказаны некоторые опасения по поводу ряда ожидающих отмены делегирования stATOM, которые не были обработаны и остаются в очереди отмены Stride. В этом отчете объясняется, что произошло, дается оценка решения и объясняется, как участники работают над предотвращением подобных проблем в будущем. TLDR; Изменение газа на Cosmos Hub плохо взаимодействовало с делегированием LSM, задерживая некоторые отсоединения stATOM. Все stATOM полностью поддержаны (как
Starting today and lasting until late December, STRD will be distributed daily to airdrop recipients.
Don't want to wait to get your full amount? There's an option to instant-unlock today!
Short post with everything you need to know 👇
Airdrop overview
From February - June, anyone who held stTIA received a daily allocation of STRD. A total of 5M STRD was allocated, which is 5% of total supply.
This allocated STRD becomes claimable 180 days after allocation. So given the first day of the airdrop was Feb 1st, the distribution period will be from today until December 27th.
For example, if you held stTIA for the whole airdrop, then you'll receive some STRD every day from now until late December. If you only held stTIA for the first 30 days of the airdrop, then you'll receive STRD for only the first 30 days of the distribution period. And so forth. Daily distribution exactly 180 days after daily allocation.
While you can claim your STRD every day if you want, you don't have to. If you leave it for a few days, you can claim all unclaimed STRD from previous days.
But keep in mind that the final day to claim is January 31st, 2025. After that day, all unclaimed STRD will be repurposed.
Instant-unlock option
But you know what? Waiting months to receive the full amount of an airdrop isn't fun. So we built an insta-unlock button! Press the button to get your full STRD allocation immediately.
Of course, there's a catch. By immediately releasing the full airdrop, users forfeit 30%. Forfeited STRD will be repurposed for the benefit of Stride protocol.
If you want to do the insta-unlock, you can do it any time from now until August 31st. After that date, it will no longer be an option. If you want, you can claim your daily STRD distribution for a few days and still do the insta-unlock whenever you want, up until August 31st.
So will you claim daily, or opt for the insta-unlock? The choice is yours.
Публичная тестовая сеть Movement УЖЕ ЗАПУЩЕНА. С запуском нашей публичной тестовой сети разработчики и пользователи получат живую среду для использования следующего поколения Movement L2. Movement обеспечивает гораздо большую безопасность с помощью Move и использует параллелизованный MoveVM, первую виртуальную машину Move L2 для Ethereum. Movement интегрирован, что позволяет разработчикам выбирать лучшие модульные части. Movement также использует Celestia для доступности данных, предоставляя вы
Rushi Manche interview with GFI Blockchain Insights channel
Вопрос : Можете ли вы представиться и рассказать о своей нынешней должности в Движении?
Привет всем, я Руши Манш, соучредитель Movement Labs. Я инженер с опытом разработки смарт-контрактов и обширным опытом работы в экосистеме Ethereum DeFi. Я тесно сотрудничал с протоколами Cosmos, внес свой вклад в Aptos в качестве основного разработчика экосистемы и разработал ведущий DEX в этой области.
Этот разнообразный опыт работы с несколькими блокчейн-платформами дал мне уникальное понимание как огр
Введение в Move: язык, разработанный для цифровых активов
Познакомьтесь с Move — языком, специально разработанным для эффективной и безопасной работы с цифровыми активами. Что такое Move? Move — это язык, созданный командой проекта Diem в Facebook в 2020 году. Его дизайн копирует некоторые принципы Rust, с упором на улучшение управления типами цифровых активов в технологиях Blockchain. С Move традиционные риски безопасности и неэффективности, связанные с более ранними языками, смягчаются.
Характеристики: Вот некоторые ключевые особенности, которые дел
Summary -To ensure stTIA trading liquidity on Osmosis, 75,000 STRD will be deployed as incentives over the next three months -An additional 75,000 STRD for another three months is tentatively planned, for a total of 150,000 over six months -The Osmosis trading pool to be incentivized is stTIA / TIA, pool #1476 -The STRD incentives are sourced from the Stride Incentive Council, which received STRD from the Stride community pool -Incentives will be live today Importance of LST trading liquidity Si
1️⃣ GemSquads farming begins! We have launched the farms voted on by the Stonfiers. The list of farms with rewards is available here: https://discord.com/channels/974592621706117120/1074661734528319530/1258054324148244581
2️⃣ STONfi & OrbitonX Trader Competition is now open! Trade in the STON/USDT pool and earn rewards based on your trading volume: https://t.me/stonfi_bot?start=orbitonx
3️⃣ STONfi on CoinDesk. Read the article about the future of Web3, the immense potential of Telegram, and the crucial role of STON.fi in popularizing blockchain technology: https://www.coindesk.com/opinion/2024/06/27/the-prize-for-owning-web3-distribution-is-enormous-heres-why-it-wont-go-to-big-tech/
4️⃣ 10 STON for feedback and new ideas! Participate in the event on CoinMarketCap: share your user experience, propose new useful features for STON.fi, and win rewards: https://discord.com/channels/974592621706117120/1074661734528319530/1258464198753648640
5️⃣ Rewards for exclusive Stonbassador contest are sent! Stay tuned for unique activities in the Telegram channel for ambassadors: https://t.me/stonfiambassadors
6️⃣ DISTON quest continues. Head to the <#1212416753804775435> channel, mine the currency, and exchange our official discord currency for STON at the end of each month.
7️⃣ New farms launched. CES, JDOGE, and WEB3 farming is now available on STONfi DEX.
**🗿 GemSquads: Farming** Stonfiers! We have launched the farms you voted for with the rewards you determined. Additionally, based on the distribution of GEMSTON, we have increased the rewards for existing farms — WEB3/TON, PUNK/TON, and durev/TON. GemSquads farming has begun!
👉 REGI/TON Rewards: 2,926 STON (~$50,000) Farming period: until August 1. LP-token lock in the smart contract: none.
👉 REDO/TON Rewards: 1,574 STON (~$27,000) Farming period: until August 1. LP-token lock in the smart contract: none.
👉 PET/TON Rewards: 842 STON (~$14,300) Farming period: until August 1. LP-token lock in the smart contract: none.
👉 HIF/TON Rewards: 419 STON (~$7,000) Farming period: until August 1. LP-token lock in the smart contract: none.
👉 BTC25/TON Rewards: 238 STON (~$4,000) Farming period: until August 1. LP-token lock in the smart contract: none.
👉 MC/TON Rewards: 186 STON (~$3,000) Farming period: until August 1. LP-token lock in the smart contract: none.
👉 FNZ/TON Rewards: 113 STON (~$2,000) Farming period: until August 1. LP-token lock in the smart contract: none.
👉 WEB3/TON extended Rewards: +2,099 STON (~$35,800) Farming period: until August 1. LP-token lock in the smart contract: none.
👉 durev/TON extended Rewards: +1,295 STON (~$22,000) Farming period: until August 1. LP-token lock in the smart contract: 3 days.
👉 PUNK/TON extended Rewards: +308 STON (~$5,200) Farming period: until August 1. LP-token lock in the smart contract: 14 days.
❓How to Earn Rewards? Stake LP-tokens in the Pools tab. The higher your share in the farming pool, the larger share of rewards you'll receive. Rewards can be claimed at any time! ✨ Stay tuned for announcements of the new GemSquads voting! @everyone
Stonfiers! The functions of the STON.fi DEX are often being integrated into the projects of our friends. Introducing MMPro Group platform.
ℹ️ MMPro Group (https://marketmaking.pro/) is a multifunctional platform for expert consultations, collaborations, token launches, investment attraction, and other useful services for traders and developers. The number of platform users has exceeded 2.5 million.
Recently, the functionality of STON.fi has been integrated into the MMPro trading terminal for market making on the TON network.
But that's not all! Now, subscribing to STON.fi's social media channels provides benefits in BUMP — a clicker app from MMPro Group for receiving token and NFT vouchers.
🗿 Weekly Round Up 1️⃣ Two days left until the end of The Open League. Join farming (https://app.ston.fi/pools?selectedTab=OPEN_LEAGUE&sortBy=FARM_APY_DESC&search=&farmingAvailable=false) in 9 farms with rewards in TON, STON, and project tokens. 2️⃣ STON.fi CEO Slavik Baranov spoke at Dutch Blockchain Days. (https://dutchblockchaindays.nl/) At this major event in Amsterdam, Web3 professionals from around the world discuss the future of the crypto industry. 3️⃣ Gemsquads: one week of voting left. Select farms, (https://ston.fi/gemsquads) send GEMSTON to special addresses, and increase farming rewards for the next month. 4️⃣ STONfi integrated (https://t.me/stonfidex/572) into Pumpers. Now, tokens accepted by the community will be added to the STONfi DEX upon reaching a capitalization of 1000 TON. 5️⃣ STONfi at the TON Celebration Event. (https://t.me/stonfidex/574) Set up the Bitget Wallet, complete our and our partners' tasks, and win a share of the $50,000 prize pool! 6️⃣ New farming. Farms for CATS/TON and REBA/TON are available (https://t.me/stonfidex/573) on the STONfi DEX. 📊 APR in active farms: 🔥 WTF/TON— 944% 🔥 WALL/USDT— 496% 🔥 TON/CATS — 485% 👉 More farms on STON.fi (https://app.ston.fi/pools?selectedTab=ALL_POOLS&sortBy=FARM_APY_DESC&search=&farmingAvailable=true) 📊 DEX Statistics: 🔥 Weekly trading volume: 21.7M TON ($159M) 🔥 TVL: 38.6M TON ($283M) 🔥 Our liquidity providers earned about 43,500 TON ($318,000) this week Stay tuned!
🗿 STON.fi CEO at Dutch Blockchain Days Stonfiers! Last week, a major crypto event took place in Amsterdam — Dutch Blockchain Days. STON.fi CEO Slavik Baranov presented our project as an innovative DEX on TON Blockchain and discussed the development of new functions. Check out the photos from this event and find: ✨ a smoke cannon; ✨ a physical representation of Bitcoin; ✨ a cardboard tree with cards growing on it; ✨ a typo in Slavik's last name. 🔗 See Dutch Blockchain Days for yourself: https://photos.app.goo.gl/C7Yx3D9SUXvDJ29fA Stay tuned.
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