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Cosmos-Based Staking Protocol Stride Will Move to ATOM-Powered Security Model

Altszn.com by Altszn.com
July 19, 2023
in Blockchain, Crypto, DeFi, Web3
0
Cosmos-Based Staking Protocol Stride Will Move to ATOM-Powered Security Model
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“STRD has a hard cap of 100 million tokens. According to the original tokenomics, in the first year, 2,608,200 STRD is emitted as staking rewards. As part of Stride’s transition to ICS, that figure will be reduced by half, to 1,304,100 STRD annualized. This reduction will be implemented in a preparatory chain upgrade prior to the transition to ICS,” the official blog said.



Read More: www.coindesk.com

Tags: ATOMPoweredCosmosbasedDeFiModelMoveProtocolSecurityStakingstride
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