About

Stride provides liquid staking solutions within the Cosmos ecosystem, allowing users to earn yields from both staking and decentralized finance (DeFi) activities. Users can stake their assets while still utilizing them in other DeFi activities, such as lending and liquidity providing, which enables them to maximize their returns. Stride differentiates itself from competitors by offering a community-driven platform where users can propose new chains for onboarding through governance votes, ensuring adaptability to user needs. The company's goal is to facilitate liquid staking for various blockchain networks, aligning its interests with users by generating revenue through a small fee on earned yields. Security is prioritized, with rigorous audits conducted by industry leaders to ensure a reliable platform.

Simplify's Take

What believers are saying

• Increased interest in liquid staking boosts Stride's market demand.
• Launch of stTIA and financing enhance Stride's modular blockchain position.
• Partnerships with dYdX and Commonwealth expand Stride's ecosystem reach.

What critics are saying

• Competition from new liquid staking solutions may dilute Stride's market share.
• $4M financing may pressure Stride for rapid growth, risking long-term goals.
• Partnerships expose Stride to shared reputational risks from partners' challenges.

What makes Stride unique

• Stride offers dual earning potential through staking and DeFi activities.
• Stride operates within the Cosmos IBC ecosystem, enhancing interoperability.
• Stride allows users to propose new chains via governance votes, ensuring adaptability.

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