{"id":239823,"date":"2024-02-02T00:24:46","date_gmt":"2024-02-01T18:54:46","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=239823"},"modified":"2024-02-02T00:24:46","modified_gmt":"2024-02-01T18:54:46","slug":"stride-launches-liquid-staking-token-for-celestia-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/stride-launches-liquid-staking-token-for-celestia-crypto-news\/","title":{"rendered":"Stride Launches Liquid Staking Token For Celestia &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<p>Cosmos-based liquid staking protocol will airdrop $18M worth of STRIDE tokens over five months to early adopters of stTIA.<\/p>\n<div>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/app.stride.zone\/\">Stride<\/a>, the leading liquid staking protocol in the Cosmos ecosystem, has added support for <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/deep-dive-into-celestia-tia-with-ceo-mustafa-al-bassam\">Celestia (TIA)<\/a>.<\/p>\n<p>The project has allocated 5M STRIDE tokens \u2013 worth $18.5M at the time of writing \u2013 to an airdrop for early adopters of its stTIA liquid staking token. 3M STRIDE will be distributed in the next 60 days.<\/p>\n<p>STRIDE is up 26% in the past 30 days and has more than quintupled since November.<\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.coingecko.com\/en\/coins\/stride\" class=\"no-underline\"><\/p>\n<figure><figcaption class=\"text-center text-xs\">STRIDE Price<\/figcaption><\/figure>\n<p><\/a><\/p>\n<p>Initially, only stTIA held on the Stride chain will be eligible for the airdrop. Support for decentralized exchanges Osmosis and Astroport Neutron will be added on Feb. 5.<\/p>\n<figure><img decoding=\"async\" alt=\"the-defiant\" loading=\"lazy\" width=\"960\" height=\"400.36264732547596\" data-nimg=\"1\" class=\"mx-auto\" id='b' style='filter: url(%23b)' src=\"https:\/\/thedefiant.io\/_next\/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2F6oftkxoa%2Fproduction%2F5d15120b20c9e1c18143289055158783b55292e3-1103x460.jpg&amp;w=828&amp;q=100\" \/><\/figure>\n<p>With $88M in total value locked (TVL), Stride is the largest LST protocol in the Cosmos ecosystem. While the vast majority of its TVL consists of ATOM and OSMO tokens, the protocol has been expanding its offerings in recent months.<\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/defillama.com\/protocol\/stride\" class=\"no-underline\"><\/p>\n<figure><img decoding=\"async\" alt=\"Stride TVL Breakdown chart\" loading=\"lazy\" width=\"699\" height=\"443.60515021459224\" data-nimg=\"1\" class=\"mx-auto\" id='b' style='filter: url(%23b)' src=\"https:\/\/thedefiant.io\/_next\/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2F6oftkxoa%2Fproduction%2F7a576e688eef0c0d562d29f015a2c7d1ee144c2a-699x323.jpg&amp;w=828&amp;q=100\" \/><figcaption class=\"text-center text-xs\">Stride TVL Breakdown<\/figcaption><\/figure>\n<p><\/a><\/p>\n<p>stTIA is Stride\u2019s second LST launch this week, coming just three days after the project integrated DYDX, the token of the leading perpetuals DEX by volume.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Cosmos-based liquid staking protocol will airdrop $18M worth of STRIDE tokens over five months to early adopters of stTIA. Stride, the leading liquid staking protocol in the Cosmos ecosystem, has added support for Celestia (TIA). The project has allocated 5M STRIDE tokens \u2013 worth $18.5M at the time of writing \u2013 to an airdrop for [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":239824,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-239823","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/239823","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=239823"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/239823\/revisions"}],"predecessor-version":[{"id":239826,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/239823\/revisions\/239826"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/239824"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=239823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=239823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=239823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}