About

Stride provides liquid staking solutions within the Cosmos blockchain ecosystem, allowing users to earn yields from both staking their assets and participating in decentralized finance (DeFi) activities. Users can stake their assets while still utilizing them for other DeFi functions like lending and liquidity providing, which helps them maximize their returns. Stride differentiates itself from competitors by enabling a community-driven approach where users can propose new chains for onboarding through governance votes. The company generates revenue by taking a small fee from the yields earned on its platform, aligning its interests with those of its users. Security is a priority, with the platform undergoing audits by industry leaders to ensure reliability. Stride's goal is to empower blockchain investors and developers to optimize their asset yields while maintaining flexibility in their financial activities.

Simplify's Take

What believers are saying

• Integration with Celestia enhances scalability and attracts Cosmos users.
• $4 million financing indicates strong investor confidence and supports expansion.
• Partnership with dYdX Foundation increases visibility and user base.

What critics are saying

• Increased competition from new liquid staking solutions may dilute market share.
• Investor pressure for rapid growth could compromise long-term stability.
• Partnerships may expose Stride to shared risks, including regulatory scrutiny.

What makes Stride unique

• Stride offers dual earning potential from staking and DeFi activities.
• Stride operates within the Cosmos IBC ecosystem, enhancing interoperability.
• Users can propose new chains through governance, making Stride adaptable.

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