The last few months have been a reset.
The way I see it, Stride is now at a crossroads:
Our Cosmos LSTs are stable, trusted, and running smoothly. But we think the upside from here is tied to the growth of Cosmos, not product iteration from the team.
And we’re restless: we want to actively ship products that solve real user problems.
So after months of debate, we’re proposing a clear separation that we think brings clarity: we’ll keep STRD focused on Cosmos, and start fresh elsewhere.
As a tokenholder, you get to choose: stay with STRD to bet on Cosmos, or burn for what’s next.
We have over 18 months of runway, and have internally committed to at least 6 months of building entirely new products.
I’m personally more energized than I’ve been in a long time. We’re building fast again, with real clarity of purpose.
It feels like we’ve stripped things back to what matters: building products people actually want.
1/ Big change at Stride: we’re cleanly separating two bets.
STRD is the Cosmos LST token with buyback-and-burn. STRD‑R is a burn‑minted receipt for a future token if we find PMF outside Cosmos. Burn window Oct 15-Dec 4.
Founders are burning 90% of their STRD.
Cosmos decided not to proceed with its EVM, so we negotiated a settlement. We cleared our obligations and extended our runway.
Liquid staking on Stride continues operating just like before. Liquid staking revenue continues to buy and burn STRD.
We’re taking the month of August to explore new revenue generating product lines for Stride outside of Cosmos. We’ll share progress once it’s more real. Thanks for sticking with us.
Here’s the latest update for $STRD
Legal paperwork is getting wrapped up with ICF.
I hope Stride can focus on what it’s good at. And that’s liquid staking.
Cosmos
$ATOM
Stride continues its deflationary $STRD strategy, hands off stBGT to BakerDAO, and prepares the Stride DEX
1️⃣ stBGT Ownership Transfer
🔸@stride_zone is transferring ownership of stBGT, its liquid staked BGT token, to @BakerDAO420.
🔸Stride made the strategic decision to double down on the Cosmos Hub by launching the Stride DEX,
2️⃣ $STRD Buyback & Burn 🔥
🔸500K $STRD burned in 3 months, or 0.5% of max supply.
🔸80% of protocol fees buy/burn STRD daily.
🔸DEX fees (after launch) will boost burn pressure further.
3️⃣ The IBC Flywheel & Upcoming Stride DEX 🌐
🔸At Sovereign EVM Day, Stride previewed its upcoming DEX - central to the IBC Flywheel.
🔸Backed by the Interchain Foundation, the DEX enables multichain swaps and deep liquidity for Cosmos-native DeFi.
🔸One-click routing through @cosmos Hub connects users to assets across IBC, Ethereum, Solana, Bitcoin, and more.
🔸Stride aims to abstract complexity and deliver seamless, high-performance DeFi across chains.
🔸🔸Stake $ATOM with our Sponsor @EverstakeCosmos - 100% uptime, 0 slashing. https://t.co/fSVgmYci7q 🔸🔸
🫡
📢 Over 502K $STRD have been burned forever!
- That's 0.5% of the supply (in only 4 months)
- At the current burn rate 1.3% of the total supply would be burned per year
- 80% of protocol fees are used to buyback & burn $STRD
- Stride DEX will only accelerate the burn 🔥
500,000 STRD have been burned over the last 3 months. That’s 0.5% of the max supply.
As a reminder, 80% of Stride’s protocol fees are used to buy back and burn STRD daily, with DEX fees set to be enabled after launch!
The strongest LST in Cosmos just got stronger 💪
Stride won a liquidity deployment of 366,000 ATOM as part of Hydro round 7 to bolster stATOM liquidity on @osmosis
Video version of the @stride_zone Tokenomics Guide
▶️ $STRD Token utility & value accrual mechanism
▶️ Token distribution, unlocks & supply schedule
▶️ Investors and team funding
▶️ Token burn, ProtoRev & Inflation
For those of you that prefer listening over reading 👌
Timestamps:
00:00 Intro to Stride Protocol
01:24 STRD Token Overview
03:00 Token Vesting & Supply Schedule
04:05 Investors & Funding Rounds
07:58 STRD Inflation, Staking & Burn
10:55 Token Utility & Value Accrual
13:20 Protocol Revenue
16:46 The Good and the Bad
18:49 Conclusion
20:27 Stride loves Bad Kids
I joined Interchain’s all hands yesterday:
This is not the old ICF. The era of letting teams sink or swim is over
If you build on the Hub, you're getting full-stack support from 30 focused operators
Marketing, GTM, Sales, Tech— all of it
The ultimate $STRD Tokenomics Guide
▶️ Everything you ever wanted to know about @stride_zone
- Token utility & value accrual mechanism
- Token distribution, unlocks & supply schedule
- Investors and team funding
- Token burn & inflation schedule
- Roadmap and much more 👇🧵
Only three months to annual $STRD halvening event 🚀🚀🚀
DEX would have launched 😀
Buy back and burns would have accelerated 🔥
Inflation reduced close to zero 💥 !!!
$STRD will be hyper deflationary💯.
@stride_zone is the best designed architectural crypto project in the cryptoverse 🐐