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ZEC $547.14 -0.43%

The Cosmos staking protocol Stride will airdrop 5 million STRIDE tokens to early adopters of Celestia

2024-02-02 12:22:05
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ChainCatcher news, the liquid staking protocol based on Cosmos will airdrop 5 million STRIDE tokens (worth $18.5 million at the time of writing) to early adopters of the stTIA liquid staking token within five months, with 3 million STRIDE to be distributed in the next 60 days.

It is reported that Stride is a Cosmos staking protocol aimed at bringing liquid staking to the Cosmos ecosystem, with a total value locked (TVL) of $88 million. Although the vast majority of its TVL consists of ATOM and OSMO tokens, the protocol has been expanding its product offerings in recent months.

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