TechFlow reports that Stride, a liquid staking protocol in the Cosmos ecosystem, has announced the launch of a new LST asset, stTIA. 5 million STRD (5% of the maximum supply) will be airdropped to early stTIA holders.
STRD will be distributed daily based on holding proportions over a total period of 150 days. During the first 60 days, 3 million STRD will be distributed—50,000 STRD per day. In the subsequent 90 days, 2 million STRD will be distributed—approximately 22,200 STRD per day.
Notably, Stride's main LSTs include DYDX, ATOM, OSMO, STARS, and others.
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