Hey All,
Its been a while that I have been investing in $STRD token. For me it all started with the Airdrop of $STRD token and since then I have been leveraging the Stride Platform which is also known as The Liquid Staking Zone. One can stake their tokens on Stride platform from most of the Cosmos chain tokens. And then can see your rewards accumulate in real time. There is No minimum number of tokens required to be staked; its that simple. In my case, I started with staking 50+ $ATOM and this got the same amount of $stATOM and then went ahead with these $stATOM to enter the defi space by providing liquidity for $ATOM - $stATOM on App.Osmosis.Zone pool #803. The best part is that $STRD has a max supply of 100 Million tokens only. An that is another point that makes me feel bit more confident in investing $STRD. Plus Stride platform becomes even more decentralized as its distributing 4% of its $STRD governance token via airdrop; hence 4 Million is given out to users for FREE. Check your $STRD token Eliglbity Here
My $STRD earnings to $ATOM
Coming back to the main topic of this post, where I am redirecting my $STRD earning to $ATOM. For last couple of days $STRD has been on a rise and as of today its being traded for $1.20 a token. As I have provided $ATOM - $stATOM this also also get me $STRD tokens daily. Not much but in a day or two I get 2+ $STRD tokens. Earlier, I had been using these funds to further increase my stake in the $EVMOS - $stEVMOS pool. But due to the recent pump in $STRD, I did change my plans and started accumulating $ATOM.
Here is my bonded assets value $689+ in this Pool #803 of Osmosis. Check the current earning which is 1$+ daily. $ATOM invested at the moment is touch 60 mark. I started with 50+ and in between increased the staked as I redirected my other staking rewards into this pool. The plan ahead is to continue invested via the Stride platform liquid staking asset and in my case $stATOM and take advantage of the higher price of $STRD token to leverage my investment further. For now the immediate goal would be to get to a point of increasing the bonded assets value in the Pool #803 on Osmosis to $1K+ mark or a bring the total invested $ATOM bonded to 100+. I know this is going to take a while, so there is no rush at all. Just take the earnings from the pool and reinvest and then just wait for the right opportunity to come so as to book profits.. until then its just Build & HOLD... cheers
My $STRD earnings to $ATOM...
#strd #rewards #stake #airdrop #atom #defi
Image Credits:: stride.zone, coingecko
Best Regards
