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Stride Staked DYDX (STDYDX) is a liquid staking coin that allows users to unlock liquidity for their tokens, earn more yield, and secure the Cosmos network. With over 50,000 people already using Stride for liquid staking, it has become a leading platform in the Cosmos Liquid Staking Zone. Stride has audited its security and is backed by industry leaders in blockchain security. Users can stake their tokens on Stride from any Cosmos chain and see their rewards accumulate in real-time. They receive stTokens when they stake, which can be freely traded and redeemed with Stride to receive their original tokens and staking rewards. Users can also utilize their staked assets to compound their yield by lending, LPing, and more.
Stride has partnered with reliable validators and staking facilities that help secure the network, such as A41, Allnodes, AutoStake, and Citadel.one. These partnerships ensure the safety and security of the Stride ecosystem. The platform also supports various assets from any Cosmos chain, including stATOM, stOSMO, stJUNO, stUMEE, stCMDX, stEVMOS, stINJ, stLUNA, and stSTARS. Stride has completed audits from industry leaders in blockchain security, such as Informal Systems, Oak Security, and Certik, ensuring a robust and secure ecosystem.
Stride has received recognition and praise from industry experts and influencers. The platform’s liquid staking capabilities have positioned it as a leading competitor in the Cosmos Liquid Staking market. Stride has experienced significant growth, with a total value locked (TVL) of $35 million, up from $5 million at the start of the year. Stride’s mission is to bring liquid staking to all IBC-compatible chains, expanding its reach beyond the Cosmos ecosystem. The Stride community plays a vital role in shaping the protocol’s future, working together to build a world-class liquid staking platform. Join the Stride community on Twitter to stay informed about updates and developments.
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