Cosmos Welcomes Stride: A Liquid Staking Chain

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This is the beginning of a new era for Cosmos. ICS has just been launched and a project like @stride_zone decides to join the party By sharing the revenue with the HUB Stride will benefits from its significant security and liquidity. This deserves an explanation, right? 🧵👇

Stride is one of the first Liquid staking chain based in the cosmos ecosystem. Their goal is quite simple, to make the most represented tokens in the ecosystem liquid again while benefiting from the APR that you should have had with on-chain staking.

I must admit that the project surprised me a lot and continues to surprise me. They arrived in the ecosystem very quickly, doubling the protocol that we had been hearing about for more than 2 years, Quicksilver. So I was very attentive.

In the cosmos ecosystem, one of the things that needs to change is the way to manage an airdrop and launch your channel. Most of the projects use high staking APR and very high pool APR on OSMOSIS as well. This does not work in the long run, it always leads to overselling

By starting inflation around 21% with reasonable APR, Stride did not experience this kind of problem and therefore had time to convince serious investors. While most of the IBC coins are going down 📉 $STRD is going up📈 Almost x10 since the ATL in january

But why ? Why this $STRD token is useful after all ? Easy : $STRD is valuable for the fee collected by Stride. As a fee for liquid staking, Stride collects 10% of the staking rewards of all liquid staked tokens. Protocol revenue benefits ST token holders.

So by holding $STRD you actually collecting : 🔸 $ATOM 🔸 $OSMO 🔸 $STARS 🔸 $JUNO 🔸 $LUNA 🔸 $EVMOS 🔸 $INJ Every day ! And the more people use the stride chain, the more Liquid staked token you will earn on daily basis.

This process is very smart, very well thought out. In fact I have not sold a single $STRD and I have been compounding them since the beginning! It could end there, right? Well no, and this is where it gets interesting, Stride will be part of the ICS.

What is the point of using the ICS? There is a lot of interest in the end: 🔸Security, by using the ICS Stride takes advantage of all the security provided by the $ATOM staking 🔸Growth, through security it makes users feel secure

It is obvious, a Lambda user will take risks without realizing it. On the other hand, a well-informed user with a large capital invested in a project will not take such risks and expects a real insurance of these funds. By providing security, Stride give whale real insurance.

In addition, protocols in the cosmos ecosystem will be more open to using $stATOM and other stride LSD tokens on their chain/project due to increased security within the chain. In other words, this is the solution to choose. It seems obvious that all cosmos chain should do it.

ICS benefits everyone, you will see that soon blockchains will rush when they see the contribution of Neutron and Stride. I'm pretty sure of itBut now what does it bring to you? This is where it gets very interesting

But now what does it bring to you? This is where it gets very interesting ! By launching their Chain as a consumer chain, Stride proposed to give part of their revenues to cosmos stakers.

So by staking your $ATOM you will earn $STRD thanks to ICS. What can you do with your $STRD? Ho yes , stake them to earn : 🔸 $ATOM 🔸 $OSMO 🔸 $STARS 🔸 $JUNO 🔸 $LUNA 🔸 $EVMOS 🔸 $INJ By staking $ATOM will earn many tokens from the cosmos ecosystem. Isn't that beautiful?

What stands out for me about the stride project: 🔸 Smartly executed project 🔸 Absolutely fantastic added value 🔸 Increased security by ICS There is absolutely nothing to throw away and I am very happy to see projects like stride coming out of the usual bias of our ecosystem

If you want to learn more about stride and the ICS. Read the stride proposal here (already accepted) : forum.cosmos.network/t/proposal-794-vote-onchain-stride-to-join-atom-economic-zone-and-adopt-ics/10418