Today, we’re proposing an orderly wind-down of the Stride chain.
What that means for stTokens:
→ Redeem normally on Stride until Oct 12
→ Redemptions then pause while backing assets unbond
→ Around Nov 20, redemption resumes on Osmosis
→ Your stTokens do not expire
🧵
To everyone who used Stride, secured the chain, kept relayers running, or helped build the protocol: thank you.
This is a disappointing outcome. We couldn’t make Stride a sustainable business.
Our priority now is making sure everyone can get their funds out safely.
Today, we’re proposing an orderly wind-down of the Stride chain.
What that means for stTokens:
→ Redeem normally on Stride until Oct 12
→ Redemptions then pause while backing assets unbond
→ Around Nov 20, redemption resumes on Osmosis
→ Your stTokens do not expire
🧵
Some halvening facts:
* This was halving #5: One for each of Stride's 4 birthdays, plus a bonus cut when Stride joined ICS in 2023
* New emission rate: ~58 STRD/hour, or ~509K STRD/year (down from ~1.02M)
* Inflation: now ~1.34% of the 38M supply, down from ~2.68% yesterday
* Where emissions go: 48.8% strategic reserve, 21.6% community pool, 13.6% security budget, 16% staking rewards
Reminder: stDYM is sunsetting at the end of August.
Redemptions will be paused starting September 1, 2026, and no redemption requests will be processed after the cutoff.
Please redeem your stDYM before the deadline.
1/ Writing a trading bot takes an afternoon. Deploying it live is the hard part.
$1B+ in volume and 4,000+ sessions on Hyperliquid taught us how.
That’s Tenor Studio.
ProTip: You don't need to wait 21 days to unstake your $ATOM!
Is your ATOM staked, but you need access to your funds immediately?
Did you know you can use the Liquid Staking Module (LSM) to get your ATOM without waiting for the 21 day unbond period?
Just head to https://t.co/ou1RaPSWDU
Connect your wallet, click Used Staked Balance, and choose your validator.
Here your can instantly convert your staked ATOM to $stATOM, which you can then sell straight away on Skip:
https://t.co/s8XNBDnf2u
Good luck!
1/ Announcing the Tenor referral program v2 🎉
Refer $1m, get $1m in free volume. We’re running it back.
$100m program cap. Should last around one week.
Details below:
In collaboration with @stride_zone and @hydromarkets, we're welcoming stATOM as our latest collateral listing.
stATOM increases in redemption value over time (currently +17% APY) making it a top choice for ATOM long strategies and loop staking.
Now available on @injective 🥷