The current state of #DeFi in the Cosmos ecosystem is underutilized and inefficient, users have to decide between #staking or participating in DeFi, inturn exposing themselves to greater risks 🚨

But Stride is changing all that 🙌

Built using #Cosmos SDK and Tendermint, Stride is a state-of-the-art, multichain liquid staking experience that allows users to liquid-stake their assets on any #Cosmos chain 🔗

The Stride protocol works by exchanging native assets (such as $ATOM) for derivative assets (such as stATOM)
Staking derivatives like stATOM are digital voucher for underlying ATOM, which can be traded and used in DeFi

Check out our recent blog to know more about the @stride_zone ecosystem 👀👇

https://luganodes.medium.com/an-overview-the-stride-ecosystem-122969fcce5e