Stride
STRD is the governance token of the Stride blockchain and a key component of its decision-making structure.STRD holders can stake their tokens to earn rewards consisting of STRD and rewards derived from liquid staking tokens. This token enables users to actively participate in on-chain governance processes, including voting on matters such as validator selection and chain upgrades. Its core functions remain unchanged after Stride adopted interchain security (ICS).STRD holders can continue staking their tokens to earn rewards consisting of STRD and rewards derived from liquid staking tokens. This enables them to actively participate in on-chain decision-making and voting processes, influencing decisions such as validator selection and upgrades. To ensure sustainability, the issuance of STRD distributed as staking rewards has been reduced by half compared with the original tokenomics model. A portion of the staking rewards, namely 15%, is shared with the Cosmos Hub, promoting collaboration between the two ecosystems.STRD tokens remain essential in Stride’s evolving landscape, serving as the foundation for governance influence and staking opportunities.
Overview
STRD is the governance token of the Stride blockchain and a key component of its decision-making structure.STRD holders can stake their tokens to earn rewards consisting of STRD and rewards derived from liquid staking tokens. This token enables users to actively participate in on-chain governance processes, including voting on matters such as validator selection and chain upgrades. Its core functions remain unchanged after Stride adopted interchain security (ICS).STRD holders can continue staking their tokens to earn rewards consisting of STRD and rewards derived from liquid staking tokens. This enables them to actively participate in on-chain decision-making and voting processes, influencing decisions such as validator selection and upgrades. To ensure sustainability, the issuance of STRD distributed as staking rewards has been reduced by half compared with the original tokenomics model. A portion of the staking rewards, namely 15%, is shared with the Cosmos Hub, promoting collaboration between the two ecosystems.STRD tokens remain essential in Stride’s evolving landscape, serving as the foundation for governance influence and staking opportunities.