What is Stride?
Stride is a blockchain that provides liquidity for staked assets, so you can earn staking rewards and DeFi yields. Through liquid staking you can stake your assets while keeping liquidity, so you can trade or move tokens without having to wait for the usual unstaking period. Stride runs on the Cosmos IBC ecosystem, so you can stake and transfer across different interconnected blockchains. Built on the Cosmos SDK, Stride connects to multiple IBC compatible native appchains, so you can maximize your asset’s earning potential while securing the network.
Stride Airdrop Overview
The Stride airdrop gives you the opportunity to claim STRD tokens for participating in the ecosystem. 5,000,000 STRD tokens have been allocated for the airdrop and the claiming period is until January 31, 2025. After that any unclaimed tokens will be repurposed for the Stride protocol.
The airdrop is divided into two phases. The first phase is for users who staked TIA on Stride and held stTIA from Feb to June. These users will get tokens based on pro rata distribution. The second phase will reward additional users, like those who hold staked assets like stDYM. This phased approach will give a fair distribution to different categories of eligible participants.
By participating in the airdrop you can claim your tokens and be part of the Stride ecosystem.
Eligibility for the Stride Airdrop
To be eligible for the Stride airdrop you must have been active in the ecosystem, by holding staked TIA. In the first phase, users who staked TIA on Stride and held stTIA from Feb to June are eligible for the airdrop. These addresses will get tokens proportionally to their stTIA holdings during that period.
The second phase is for additional stTIA holders and other users who staked in the Stride protocol. This phase will reward more participants in the ecosystem, especially those who have staked assets.
This will give a wider distribution to users who have been part of the Stride blockchain and its security.
Claim Your STRD Tokens
Claiming your STRD tokens from the Stride airdrop is easy. Follow these steps to claim your rewards:
- Go to the Stride Airdrop Claim Page: Go here.
- Connect Your Cosmos Wallet: Connect your Cosmos wallet to the claim page. Make sure your wallet has the address that meets the eligibility criteria, like staking TIA or holding stTIA.
- Check Eligibility: Once connected, the system will check if your address is eligible for the airdrop. If you are eligible you will see the option to claim your STRD tokens.
- Claim Your Tokens: You can claim your STRD tokens daily or accumulate them over time. If you want instant access to all your tokens there is an instant unlock option but this will forfeit 30% of your tokens. The forfeited tokens will be repurposed for the Stride protocol.
Make sure to claim your tokens before the deadline or you will lose any unclaimed tokens.
Unclaimed Tokens and Allocation Period
After January 31, 2025 Stride airdrop deadline any unclaimed STRD tokens will be clawed back and repurposed for the community. These tokens will be added to the community pool which is community managed and ensures unclaimed tokens are used effectively within the Stride protocol.
STRD token distribution is done on a pro rata basis, meaning eligible users will receive their tokens proportionally to their staking activity. The allocation period is several months long so you have plenty of time to claim your tokens. If left unclaimed the tokens will be transferred to the community pool to support further development and initiatives driven by Stride’s community governance.
This ensures no tokens are wasted and are reinvested into the ecosystem for everyone.
Stride Governance and Community
Stride’s community governance is responsible for managing the Stride protocol. Through a decentralized approach community members can vote on key decisions that impact the protocol. The community pool managed by governance participants funds projects that enhance the Stride ecosystem and new Cosmos chains.
Governance members can propose and vote on initiatives that promote innovation in the Cosmos ecosystem so the protocol evolves in a way that benefits all. By participating in governance you are shaping the future of Stride and contributing to its long term growth.
DeFi Yields and Staking Rewards
Stride users can benefit from staking rewards and DeFi yields. By staking TIA and other staked assets users earn returns on their investment. The liquid staking feature allows users to stake their tokens and still have liquidity so they can trade or use their staked tokens in DeFi protocols without waiting for the usual unbonding periods.
This dual approach means while users earn rewards from staking their staked TIA they can also participate in DeFi activities to earn more yields. For example users can stake their ATOM or other assets within the ecosystem to maximize their earnings. By using liquid staking users can increase their overall returns and Stride is an attractive option for those looking to optimize their crypto investments.
Testnet and Future Airdrops
If you participated in the Stride testnet you will get extra STRD tokens as a thank you for your contribution to the protocol. This is to acknowledge the importance of community involvement in the development of the platform.
Looking forward Stride will be having future airdrop events for users who will continue to stake their tokens on the protocol. These airdrops will reward eligible users for their continued support. And as new chains are launched within the Stride ecosystem, similar airdrop will be available, to encourage community engagement and growth of the network.
FAQs
Popular questions about blockchain
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Any unclaimed STRD tokens after the deadline will be repurposed and added to the community pool for future initiatives within the Stride protocol.
Yes, Stride plans to hold future airdrops for users who continue staking tokens, as well as for those participating in new chain launches.
DeFi yields are earnings from decentralized finance activities, while staking rewards are returns from holding and staking tokens in the Stride ecosystem. Both can be earned simultaneously.
The first phase targets users who staked TIA and held stTIA from February to June, while the second phase rewards additional stTIA holders and other eligible participants.
Users can participate in governance by holding STRD tokens and voting on proposals that affect the future of the Stride protocol and its community pool.
Yes, if you meet the eligibility criteria for both phases, you can participate and claim rewards from each phase.
Stride utilizes the Cosmos SDK and Tendermint technology to ensure a secure blockchain environment, with a focus on protecting user assets and transaction integrity.
