ICYMI: Liquid staking network Stride adopts Cosmos Hub’s Interchain Security
Stay updated on Pro Crypto Ecosystems news by locking ACS tokens with The Block.No wallet? No problem. You can set one up for free. We recommend Torus for first-time users.Stride, the largest liquid staking protocol on Cosmos, announced the imminent adoption of Interchain Security. This integration is part of Cosmos Hub proposal 799, which garnered approval from the Cosmos Hub governance community with 97% of votes in favor.
The Stride team told The Block it will continue to maintain its unique identity as a sovereign blockchain, governed by the STRD token. For Stride users, this means they can continue to stake STRD, earn staking rewards and participate actively in on-chain governance. Stride’s fundamental features, such as liquid staking, inter-blockchain communication protocol, will remain unchanged.
© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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