Cosmos DeFi is wasted due to high staking rewards, unless:

• Liquid staking becomes popular.

• Users can switch their staked tokens to LSD without waiting for the unbonding period.

Stride Zone might just be the solution. Interesting? Read below.

1. Some information about Stride

Stride leads the liquid staking game in Cosmos. Some stats:

• TVL > $17M TVL (DefiLlama).

• Integration: Already supporting 6 chains.

• Security: 3 audits and continuous auditing for maximum safety.

2. How Stride works

Instead of using smart contracts like Lido on Ethereum, Stride uses Interchain Accounts and Interchain Queries to stake those tokens and issue the stAssets to users.

Check out how ICA work for Stride:

3. Competitive landscape

Compared to Lido, Quick Silver, and pStakeFinance:

• Stride is minimalism: Only do liquid stake.

• Stride has the highest economic security by using ICS.

• Stride blockchain is also highly secured with continual auditing & IBC rate limiting.

Read the full-length article from Stride: link.

4. How Stride gain adoption

• Integrations: Onboard all major Cosmos chains in the next 12 months.

• Deep liquidity: Make stTokens available everywhere.

• Collab with other teams & upstream their work into the Cosmos stack.

If Stride wins, Cosmos win 🤝

5. Highlight from Stride 2023 Roadmap

1. Stride IBC rate limiting: already live.

First sovereign chain to adopt Interchain Security 🚀

Stride helped @informalinc write the code for a standalone chain to switch to interchain security. 💪

Other exciting milestones:

• Dashboard.

• Liquid Governance.

• Extend beyond Cosmos.

• Interchain Autopilot: liquid stake with 1 transaction.

• Enable @iqlusioninc liquid staking module: Users can switch their staked tokens to LSD without waiting for the unbonding period.

6. Tokenomics

• 50.2% goes to the community through airdrops, incentives, staking rewards, etc.

• 40.9% for teams & partners with a 1-year lockup and 2-year vesting.

Stride takes only 10% of liquid staking fees and gives it all back to Stride stakers 🤝

7. Final words

If you haven't tried their product, head over to their website & try to liquid stake a small amount. They have the smoothest UX in town. I promise you won't be disappointed.

Link to their website: https://app.stride.zone/