As I have shared yesterday: Stride mainnet is live! Liquid staked ATOM is now on! Airdrops soon
and as the official twitter promised and hereby announced today:
https://twitter.com/stride_zone/status/1567663115818651649
- stride_zone
Yes, the Stride's $ stATOM / $ ATOM liquidity pool is now live on Osmosis DEX!!
This is how you can participate if you have stATOM, the liquid staked ATOM on the Stride, ready.
Go to https://frontier.osmosis.zone/assets and find stride related assets by searching 'stride'
Deposit your stATOM tokens. I go with 5 first. :)
Deposit a corresponding amount of ATOM as well if you don't have it already. I'll skip this step here.
Go to this pool: https://frontier.osmosis.zone/pool/803 and provide liquidity pair here.
Now I have $127 LP in this pool.
According to the announcement, $STRD incentives will soon be added.
There are a lot of benefits of liquid staked ATOMs, but certainly there might be some disadvantages that might yet to be overcome. Cosmos ecosystem is famous for its airdrops and it usually works with staked ATOMs. With stATOM, you might have some airdrops if the project cooperate with Stride. That would be a big if there though.
So I decide to take it slow and watch how things unfold with small amount first. :)
Make your strategy. Have fun with us. Little or big.