Article Summary, Automatically Generated By AI
Summary of Stride
- Stride is a multichain liquid staking zone (appchain) on the Cosmos Blockchain.
- Users can stake IBC-compatible tokens and receive stTokens at a 1:1 ratio.
- Staking rewards can be earned while retaining liquidity in the form of stTokens.
- The Stride Token is the native governance token, allowing holders to vote on important decisions.
- The Stride Token can also be staked to secure the Stride Appchain.
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Full tokenomics can be found at
https://stride.zone/blog/stride-tokenomics
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About Stride: Empowering a New Era of Digital Innovation
Stride is a pioneering multichain liquid staking zone (appchain) built on the Cosmos Blockchain. By leveraging Stride, users can stake any IBC-compatible tokens and receive stTokens in return, redeemable for the original token at a 1:1 ratio. Through Stride, users can earn staking rewards while maintaining liquidity in the form of stTokens, thereby unlocking access to Cosmos DeFi opportunities and enabling the pursuit of additional yields.
The Stride Token serves as the native governance token of the Stride Zone, empowering holders to exercise their voting rights on pivotal decisions, including the allocation of staked tokens to each validator, the integration of new validators, and various protocol enhancements and upgrades. Furthermore, the Stride Token can be staked to ensure the security of the Stride Appchain. For a comprehensive overview of the token’s economics, please refer to:
https://stride.zone/blog/stride-tokenomics