The Cosmos ecological liquid staking protocol Stride will shift to an ATOM-driven security model

ChainCatcher message, based on the Cosmos liquid staking protocol Stride, plans to transition from the existing STRD token model to the Inter-Chain Security (ICS) system driven by ATOM tokens. Stride contributor Ian Unsworth stated, "The transition may occur between Wednesday 17:00 and 21:30 (UTC), at block height 4616678."

Unsworth added, "While Stride's TVL has reached over $35 million, it only has $19 million in economic security through bonded network tokens. After the ICS transition, block production/security will be passed to the ATOM validator set, which will increase the economic security of the network by approximately 11,935.2%."

According to the official blog, the transition to ICS will raise Stride's economic security from about $25 million to $2.3 billion, making the protocol more resilient against hacking attacks.