The Cosmos ecosystem Stride has launched a new LST asset, stTIA. 5 million STRD will be airdropped to early holders
The Cosmos ecosystem liquidity staking protocol, Stride, has announced the launch of a new LST asset, stTIA. 5 million STRD (5% of the maximum supply) will be airdropped to early stTIA holders. STRD will be distributed daily based on holding ratios, with a total distribution over 150 days. In the first 60 days, 3 million STRD will be distributed at a rate of 50 thousand STRD per day; in the following 90 days, 2 million STRD will be distributed at a rate of 22.2 thousand STRD per day. It is reported that Stride's main LSTs include DYDX, ATOM, OSMO and STARS among others.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Spot bitcoin ETFs pull in $987 million last week as institutional demand recovers
Silver Price Forecast: XAG/USD dips below $66.00 and hints at a bearish “H&S”
Twice thwarted in a week! Novartis (NVS.US) fails in phase III trial for blockbuster heart disease drug, stock plummets; Amgen (AMGN.US) dragged down as well
Swiss pharmaceutical giant Novartis has suffered another clinical trial setback—within one week, the company’s second major drug candidate has failed in a late-stage study. This latest disappointment concerns its potential blockbuster heart disease drug pelacarsen.
Crypto prices
More
