Hey All,
Before we get to this news of - Liquid Staking Module is now LIVE on STRIDE Platform, it becomes imperative to first understand what Liquid Staking is all about. 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 then we can see our rewards accumulate in real time. There is No minimum number of tokens required to be staked; its that simple.
Now that you are familiar to what is liquid staking, lets delve into the main part of this post which is Liquid Staking Module LIVE on STRIDE platform. Users of the #stride platform for the first time ever, can instantly convert their staked ATOM into stATOM NOW. So this is like users need not wait for the unbounding period and can quickly and securely convert their staked #ATOM into #stATOM.
So how can one liquid stake with LSM, as easy as 1-2-3 that's the main things to cover.
Once you do that you advance over to Step 2 which is::
The Cosmos Hub was the first to integrate LSM; so what's coming in Next? Who knows but things are getting exciting here @STRIDE platform..Can we see a pump coming IN for the #STRD token - maybe why not. #STRIDE is trading for less than a dollar so definitely I am looking forwards to a pump here as I #HODL quite a lot of #STRD tokens cheers....
Did you know 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 #stride
Image Credits:: stride.zone, coingecko, osmos
Best Regards
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've an interest in BlockChain & Cryptos and have been investing in many emerging projects..cheer
