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 eligibility requirements for its upcoming airdrop and performed several testnets. Namada is expected to launch this year.
Namada will provide users with a multi-asset shielded pool (MASP) that uses zero-knowledge (ZK) technology. Users will be able to send any token into Namada’s shielded set using IBC, and receive rewards for shielding their assets. Namada’s data protection guarantees improve as more assets are shielded at rest in the shielded set. Shielding rewards are a way of rewarding users for helping strengthen data protection for everyone.
Namada’s MASP enables users to hold and transact tokens and NFTs while shielding their personally identifiable information. Users can even stay shielded when interacting with apps on transparent blockchains, and seed new accounts on transparent chains (for example sending any IBC token into a fresh address) while still protecting their personal data.

The best data protection possible
But in order for Namada's MASP to effectively provide data protection, it needs to have a lot of assets shielded at the same time. Due to the way the Namada ZK circuits work, the more assets shielded in the pool the greater the data protection for everyone.
Namada considers data protection to be a public good. And since shielding assets increases everyone's data protection, the Namada protocol automatically provides public goods funding in the form of NAM shielding rewards to everyone who shields governance-enabled tokens in the pool.
In other words, users shielding assets in the MASP  are rewarded with Namada's NAM token. That's where Stride's LSTs come in.

Stride's LSTs are perfect for data protection
Namada's on-chain governance community determines which assets to enable shielding rewards for, but it's likely that support for Stride's LSTs will be enabled, since it's more efficient than rewarding unstaked tokens.
To understand why LSTs are better for this application, consider the example of Celestia’s TIA token. TIA has a staking reward rate of about 15%. This can also be considered the TIA "hurdle rate." If a user wants to leave his TIA unstaked and use it in DeFi, he needs to earn at least 15% just to break even with the staking rewards he's missing by not staking. If a user can't surpass the 15% hurdle rate by using his TIA in DeFi, then he's better off just staking his TIA.
TIA’s hurdle rate poses a major obstacle to using TIA in DeFi. If a user can’t clear the hurdle rate, then he’ll just leave his TIA staked. So a DeFi protocol that wants TIA deposits needs to provide enough incentives and/or real yield for TIA depositors to clear the hurdle rate.
But 15% is a tall order in DeFi! That’s why DeFi protocols are better off trying to attract stTIA deposits rather than TIA deposits.
The hurdle rate of stTIA is zero, because stTIA automatically gets the TIA staking reward. So protocols trying to attract stTIA liquidity are not competing with the TIA staking reward. This is why using LSTs as collateral is much more popular than using unstaked tokens as collateral. With LSTs, the hurdle rate is zero.
All PoS tokens have a hurdle rate, which is their staking reward rate. If users can’t clear the hurdle rate in DeFi, they’ll just leave their tokens staked.
Turning back to Namada, it needs lots of liquidity in its multi-asset shielded pool. It’s not reasonable to expect people to leave their tokens unstaked in the pool and forego staking rewards. And to make unstaked tokens pass their various hurdle rates by using NAM rewards  would be unsustainable.
It makes sense for the Namada community to focus on Stride’s LSTs.  

Stride security
With much of the liquidity in Namada’s shielded pool potentially being Stride tokens, the security of Stride protocol is paramount.
Stride has always made security its #1 priority. The Stride blockchain is secured by Cosmos Hub through interchain security, giving Stride the economic security of all staked ATOM. At the current price of ATOM, Stride has roughly $3B of economic security.
What’s more, Stride has advanced IBC rate-limiting, which was custom designed for the Stride blockchain. If there’s an incident, Stride’s IBC rate-limiting blocks huge withdrawals from the Stride chain.
All Stride code has been audited multiple times, and is fully open source.

Final thoughts
When Namada launches, it will revolutionize data protection not just for IBC tokens but any token enabled by Namada governance. Through its multi-asset shielded pool using ZK tech, Namada will provide the strongest and most convenient data protection guarantees the Cosmos ecosystem has ever experienced.
Thanks to the high efficiency of Stride LSTs as well as the high security of Stride protocol, Stride is well suited to provide much of the liquidity in the shielded pools. Users will be able to keep their tokens in the shielded pool - earning fees and potentially NAM shielding rewards  - while at the same time generating staking rewards.

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, interop, and speed. 
Today, recognizing this growth, potential, and focus on security, Frax has announced plans to natively deploy on Movement. 
Critically, Frax is committed to rewriting its entire Solidity codebase in Move. 
Frax is an OG Ethereum DeFi protocol with $600M+ in TVL. It’s a one-stop decentralized bank offering numerous assets and products, including liquidity, lending, and stablecoins. Frax effectively unites these three foundational DeFi services under one digital roof. It’s also a high-powered, battle-tested protocol that has innovated time and again while surviving severe market turbulence. With its coming launch on Movement, the whole Movement DeFi ecosystem benefits.   
How? Frax is bringing our ecosystem new assets, products, and incentives. Movement DeFi apps can use these primitives to develop more complex, efficient offerings. 

Frax will be introducing at least four new assets to Movement:
Frax (a decentralized stablecoin pegged 1:1 to USD)sFrax (a staked version of this stablecoin)frxETH (a liquid staking token pegged 1:1 to Eth)FXS (the staking and governance token for the Frax ecosystem)
Frax will also be deploying Fraxlend, Frax CDP, and its staking contract on Movement. 
To jumpstart the partnership, both Frax and Movement offer existing Frax users incentives to bridge to Movement. Frax and movement will work toward providing $10M in protocol liquidity. Frax plans to be live on Movement on Day 1 of Movement mainnet.
A DeFi powerhouse deploying on Movement (and upgrading to Move and Move’s security) grows the pie massively for both parties. 
For Movement, Frax expands what Movement DeFi protocols and users can do. And Movement levels up Frax in return. When an Etheruem DeFi OG like Frax deploys in Move on Movement, they trade in an old car for a Lamborghini with brakes, fine-tuned for the needs of today. 

Movement is the home for safe, high-performance DeFi, offering greater: 
Speed (the MoveVM with Block-STM parallelization can reach 180K TPS)Security (the Move language circumvents 80%+ of common Solidity hacks) Liquidity (Movement unites the EVM and Move ecosystems, creating a deep liquidity hub) Interoperability (Movement is compatible with most other blockchain networks) 
With the security, throughput, scaling potential, and other next-gen performance features of Movement, DeFi protocols like Frax have the platform they need to thrive. More broadly, DeFi has the home it needs to grow safely and reach its great potential. 
And that’s just the beginning. Frax and Movement have other dishes cooking.
Details to come! To learn more about Frax now, visit its website. To keep up with Frax and Movement, follow both on social media and get excited for what’s next. 

Summary
Over the weekend, some concerns were raised about a number of pending stATOM delegations that had not been processed and remain in the Stride delegator queue. This report explains what happened, assesses the resolution, and explains how participants are working to prevent similar issues in the future.

The public testnet of Movement is NOW LAUNCHED. 
With the launch of our public testnet, developers and users will have a live environment to use the next generation of Movement L2. Movement provides much greater security with Move and uses a parallelized MoveVM, the first Move L2 virtual machine for Ethereum. Movement is integrated, allowing developers to select the best modular parts. Movement also leverages Celestia for data availability, providing a high-performance solution for placing transaction data off-chain while preserving Ethereum.

Question: Can you introduce yourself and tell us about your current position in the Movement?

Hello everyone, I'm Rushi Mansch, co-founder of Movement Labs. I am an engineer with experience in smart contract development and extensive experience in the Ethereum DeFi ecosystem. 
I have worked closely with Cosmos protocols, contributed to Aptos as a core ecosystem developer, and developed the leading DEX in the space. 

Meet Move, a language specifically designed to help you work with digital assets efficiently and securely.
What is Move?
Move is a language created by the Diem project team at Facebook in 2020. Its design replicates some of the principles of Rust, with a focus on improving the management of digital asset types in Blockchain technologies. With Move, the traditional security risks and inefficiencies associated with earlier languages ​​are mitigated.

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
Since its launch nearly two years ago, Stride governance has always undertaken to ensure the availability of trading liquidity for Stride LSTs.
Liquidity for LSTs makes them far more useful, as users can instantly swap out of an LST. Furthermore, LST trading liquidity is needed for lending applications, like Mars and Inter Protocol, to support LSTs as collateral. For leverage apps, LST trading liquidity often serves to provide an oracle price; the deeper the liquidity, the more resistant the oracle price is to manipulation.
Currently, deep liquidity for stATOM and stOSMO on both Osmosis and Neutron is being maintained through protocol-owned-liquidity deployments from the Cosmos Hub and Osmosis community pools. In addition, stEVMOS, stJUNO, and stSTARS trading liquidity is being maintained through similar arrangements. This is an ideal way to maintain liquidity, as it incurs no cost to Stride governance.
Incentives for stTIA
Given the strategic importance of stTIA, it is vital that adequate trading liquidity be maintained. And so the Incentive Committee, to whom Stride governance has delegated incentive decision-making, has determined the above-mentioned incentive plan for stTIA.
Although directly incentivizing liquidity through use of STRD is unsustainable in the long run, over the history of Stride it has proven to be an effective short-term solution. Over the long run, a more permanent solution to stTIA trading liquidity will be sought.
As mentioned above, the Incentive Council is deploying 75,000 STRD to an Osmosis stTIA/TIA trading pair, with a three month duration. Thereafter the Council is likely to re-up incentives at the same rate for a further three months, for a potential total of 150,000 STRD over the next six months.
The stTIA incentives will be live today. Notably, this incentive program is the only incentive program currently being undertaken by the Stride Incentive Council.