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TechFlow reports that Cosmos liquid staking protocol Stride has tweeted that approximately 330,000 DYM have been staked so far.
According to the Stride stDYM airdrop, 2,083 STRD are distributed daily to stDYM holders. At current prices, this represents an annual yield of 168%.
Previous report: Stride will launch a new LST asset, stDYM, which entitles holders to staking rewards and potential airdrops.
Cosmos liquid staking protocol Stride tweeted that approximately 330,000 DYM have been staked so far. According to the Stride stDYM airdrop, 2,083 STRD are distributed daily to stDYM holders. At current prices, this represents an annual yield of 168%. Earlier news indicated Stride will launch a new LST asset, stDYM, and holding stDYM grants staking rewards and potential airdrops.
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