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.
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