Stride
Stride: The Liquid Staking Protocol
Introduction to Stride Stride is a liquid staking protocol that empowers users to earn both staking and DeFi yields across various IBC chains.
How Stride Works
Token Staking: Users can stake their tokens on the Stride chain.
Minting stTokens: The protocol allows minting of stTokens.
Utilization in DeFi: These liquid tokens can be used in any decentralized finance application.
Benefits and Flexibility Stride offers greater liquidity and flexibility, enabling users to effectively utilize and earn returns on their assets.
Vision and Goals Stride aims to make liquid staking a standard feature within the Cosmos ecosystem.
Impact on DeFi and Staking By integrating staking and DeFi yields, Stride strives to provide a seamless and efficient way for users to earn returns on staked assets while fostering greater participation in the DeFi space.
