Try Quests to earn cryptoWhat is Stride?
Stride is a blockchain designed to enhance liquidity for staked tokens. Traditional staking presents two key challenges: firstly, when you stake your tokens, you typically lose the ability to participate in DeFi activities, and secondly, you often face restrictions on immediately unstaking your assets. Liquid staking, as facilitated by Stride, addresses these issues by providing more flexibility and improving capital efficiency.
With Stride, you can simultaneously earn staking rewards and DeFi yields within the Cosmos IBC ecosystem. Moreover, you have the freedom to trade your tokenized staked liquidity at any time.
Stride currently offers support for liquid staking on the following Cosmos chains: 8 Cosmos Hub (stATOM), - Osmosis (stOSMO), Juno (stJUNO), Stargaze (stSTARS), Evmos (stEVMOS), Terra 2, stLUNA), Injective (stINJ), Comdex (stCMDX), Sommelier (stSOMM)* This means that you can stake the native tokens of the aforementioned chains through Stride while also benefiting from passive yields, and you can further use the staked tokens in DeFi platforms such as Osmosis and Umee.
What Does This Dashboard Offer?
This dashboard offers a comprehensive insight into the Stride blockchain, presenting a snapshot of its evolution and current status through key metrics such as Total Value Locked (TVL) and Revenue.
Furthermore, it delves into the primary DeFi platform within the Cosmos chain, Osmosis, and explores pools involving Stride staked tokens or the Stride token itself. In this section, you'll find information on the number of liquidity providers, liquidity volume per pool, and an overview of the swaps occurring using these pools.
For a more detailed analysis of your preferred pool, you can utilize the 'explorer tab.'
Lastly, this dashboard provides an in-depth overview of the $Stride token, the native token of the Stride blockchain. Here, you can track changes in price and market capitalization over time.