About Stride

Stride is a blockchain designed to unlock the liquidity of staked assets. Users can stake IBC-compatible tokens on Stride and receive stTokens in return, maintaining a 1:1 redeemable value. This allows users to earn staking rewards while simultaneously using stTokens in the Cosmos DeFi ecosystem for additional yield opportunities. The Stride Token is the governance token, enabling holders to vote on key decisions, including validator selection and protocol upgrades. It can also be staked to secure the Stride network.