Hey All,
Stride platform has as new look an feel and its quite impressive I must say. I was amazed to see the changes and the UI speaks a lot about the what the Stride platform is capable of doing. In a nutshell - STRIDE is the first in place to bring this concept of Liquid staking, the platform offers the - The Liquid Staking Zone, where users can stake their tokens on Stride platform from any Cosmos chain. And as it says Stake it here & take it anywhere. You stake assets on STRIDE and can further take assets onto any other platform. You can see your rewards accumulate in real time. There is No minimum number of tokens required to be staked; its that simple.. Here are my assets that are liquid staked and further LPed on the Osmosis chain..
I have Liquid Staked assets like $ATOM & $EVMOS on Stride platform and further leveraged the liquid staked assets to enter the DeFi space on Osmosis. And as seen from the above image I have close to $1k+ in liquidity pools like ATOM/stATOM and EVMOS/stEVMOS both the LPs are given decent rewards not to forget the liquid staked rewards on the STRIDE platform that I can liquidate at any point by unstaking my stATMO and stEVMOS at any point in time.
Stride token is currently trading for a dollar and the platform has 50K+ users leveraging the platform and has enabled $35+ Millions of funds unlocked via liquid staking. The $STRD tokens that I have bought today is for HODL purpose and book profits if the token price jumps from here. Even if it gives me a profit of 20% from here I would be looking forward to books some profits here. Hence the plan ahead for $STRD is to HOLD onto it for some more time. To be honest first I thought I would use the funds for liquid staking more assets but then that would have required more funds. Therefore, I just dropped that plan of adding in more funds and decided to just be happy with the trade done today of buying the Stride token - And just HODL onto it for sometime; until I get some profits in near future... cheers
Do you about liquid staking? Are you leveraging the liquid staking facility on the STRIDE platform? Let me know your views in general about STRIDE and its $STRD token. cheers
#strd #rewards #stake #statom #defi #staking #liquid #staking
Image Credits:: stride.zone, coingecko, osmos
Best Regards
