Stride Staked Atom STATOM Price 15.35

ATOM is the token received in exchange for Staked Atom. There is a 21 day unbonding period on Cosmos. Stride is currently in the public testnet phase with over 100 validators, and supports staking ATOM in return for STATOM, with the intention to add more functions to many more zones. There is a There is more information on the Stride application. There is a The multichain liquid staking zone is called Stride. Users can stake any token and receive stTokens in return, which can be used to redeem the original token. There is a Imperator, Everstake, 1Confirmation, Pantera and North Island Ventures are some of the top investors in Stride, which is currently in the public testnet phase. There is a The governance token of the Stride Zone allows holders to vote on important decisions such as the distribution of staked token to each validator, the onboarding of new validators, and other protocol upgrades and improvements. The full spec for the token will be launched soon.