The Stride project that aims to provide liquid staking solution for the Cosmos ecosystem or Cosmoverse today announced in the official twitter that their mainnet is now live!
The twit is here:
https://twitter.com/stride_zone/status/1566939093963083778
- stride_zone
The app site is here: https://app.stride.zone/
Now you will be able to stake $ATOM on Stride to get stATOM. Follow me. I am gonna do it now as I have always been a Cosmos fan (thanks to and its community! especially
).
You will see the following message.
After two transactions (signing), you will see this if everything is alright. Remember to choose the low (zero) fee option for $STRD as no one has it now so the operation is free.
Now my 5 $ATOM becomes 5 stATOM. I guess they will start to earn 17.53% APR right away.
According to the twit, Stride team will launch and seed two liquidity pools STRD/OSMO and stATOM/ATOM on Osmosis within 24 hours. The reward for the farms will be $STRD.
I guess I will go there and pool my stATOM there.
They will do an airdrop afterwards very soon I suppose. Here is what they say on website
Stride has allocated 6.3% of the total ST supply to various airdrops. At launch, there will be an airdrop for ATOM, JUNO, and OSMO stakers. The snapshot date is Sunday, August 14th at 13:00 UTC. There will be subsequent airdrops for new chains on-boarded to Stride.
Source: Stride official website https://stride.zone/
There are some good FAQs there to help you understand the project better.
Look forward to the $STRD airdrop and the further development of this interesting project!