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Stride Airdrop Review: Multichain Liquid Staking

Stride Airdrop Review: Multichain Liquid Staking

About Stride Airdrop

Stride Airdrop is a blockchain that provides liquidity for staked assets. Using Stride, users can earn both staking and DeFi yields across the Cosmos IBC ecosystem. This is built using Cosmos SDK and Tender mint and created with Ignite. Stride allows users to liquid stake any IBC-compatible cosmos SDK native appchain token. This is airdropping a total of 6,300,000 ST to ATOM, JUNO and OSMO stakers. Users who had staked at least 10 ATOM, 85 OSMO and 16 JUNO by August 14th, 2022 at 13:00 UTC are eligible to claim the airdrop. The claim will go live within two weeks.

BasicDetails
Token NameWoodcoin Airdrop
PlatformOwn chain
Total Value6,300,000 ST
Airdrop Ended N/A
KYCKYC Is Not requirement
WhitepaperClick Here To View
Max. ParticipantsUnlimited
Collect AirdropClick Here To Collect Free Airdrop

How To Join Age Of Stride Airdrop

First Step

Stride will be airdropping free ST tokens to ATOM, JUNO and OSMO stakers.

Second step

A total of 6,300,000 ST has been allocated for the airdrop.

Third Step

Users who’d staked at least 10 ATOM, 85 OSMO and/or 16 JUNO by August 14th, 2022 at 13:00 UTC are eligible to claim the airdrop.

Fourth Step

The rewards will be distributed proportionally to eligible addresses.

Fifth Step

Users who’d staked with exchange validators are not eligible for the airdrop.

Six Step

The claim will go live within two weeks, so follow their social channels to stay updated.

Seven Step

Eligible users will have to perform several tasks on the Stride platform to claim the total airdrop amount.

Eight Step

Unclaimed ST tokens will be clawed back one month after the launch of Stride. It will then be proportionally redistributed across the original set of airdrop recipients. This process will be repeated monthly until all airdropped ST is claimed.

Nine Step

There will be additional airdrops to each new chain Stride on board with similar eligibility requirements as their genesis airdrop.

Ten Step

For more information regarding the airdrop, see this article.

Multichain Liquid Staking

Liquidity for your staked assets. Earn both staking and DeFi yields across IBC. Sell your staked tokens for instant liquidity.

How it works

Learn how Stride Airdrop can unlock the true value of your assets.

Stake

Stake your tokens on Stride from any Cosmos chain. See your rewards accumulate in real time. No minimum.
It’s that simple.

Mint

Receive stTokens when you stake. These can be freely traded, and can be redeemed with Stride at any time to receive your original tokens.
(+ staking rewards!)

DeFi

Stride lets you use your staked assets to compound your yield. Continue to earn staking yield, and earn additional yield by lending, LPing, and more. Set your own risk tolerance in Cosmos DeFi. 

Developing on Stride

Developers who wish to develop on Stride can easily spin up 3 Stride nodes, 3 Gaia nodes, 1 Hermes relayer and 1 interchain-queries relayer. The Gaia nodes simulate the Cosmos Hub (Gaia) zone in local development node, and the relayers allow Stride zone to interact with that instance of Gaia.

Stride’s Testnet: PoolParty!

This contains instructions for how to connect to Stride’s testnet, PoolParty!

We’ve tried to keep the instructions as simple as possible, but if you have any questions, please don’t hesitate to contact us over email, on Twitter, or at Discord.

Requirements for this testnet are quite minimal. You should have a 4 CPU 32 GB RAM machine. We’ve only tested this build on OSX and Linux machines, but they hope to support Windows soon.

Stride’s Technical Architecture

Users stake their tokens on Stride Airdrop from any Cosmos chain. Rewards accumulate in real time. No minimum. They will receive staked tokens immediately when they liquid stake. These staked tokens can be freely traded, and can be redeemed with Stride at any time to receive your original tokens plus staking rewards.

On the backend, Stride permission lessly stakes these tokens on the host chain and compounds user rewards. Stride lets users use your staked assets to compound their yields. Continue to earn staking yield, and earn additional yield by lending, LPing, and more. They can set their own risk tolerance in Cosmos DeFi.

Users can always redeem from Stride. When they select “redeeem” on the Stride website, Stride will initiate unbonding on the host zone. Once the unbonding period elapses, the users will receive native tokens in their wallets.

Security audits

Certik Security

Stride Airdrop leading security-focused ranking platform to analyze and monitor blockchain protocols and DeFi projects.

Oak Security

A key security actor in the Cosmos ecosystem, with highly experienced staff in Cosmos SDK development and security reviews.

One of Coinworldstory's longest-tenured contributors, and now one of our editors, Verna has authored over 2600+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies. Verna Is team Members of 9 People