05/30/2024
BTC68,213.0
ETH3,923.76
USDT0.998912
BNB595.21
SOL171.09
USDC1.0
XRP0.537005
DOGE0.171579
BUSD1.004

Stride (STRD) Price

STRD
4,3
$1.55
Market cap
140,159,105.0
Total volume
130,912
Circulating supply
90,245,689
Total supply
90,245,689
STRD stands as the cornerstone governance token within the Stride blockchain ecosystem, playing an essential role in its governance framework. Possessors of STRD are granted the opportunity to stake their tokens, receiving rewards that include not only STRD but also earnings from liquid staked tokens. This empowers users to actively partake in on-chain governance activities, such as casting votes on key decisions like the appointment of validators and the implementation of blockchain enhancements.

Even as Stride integrates Interchain Security (ICS), the fundamental functionalities of STRD remain unaffected. Owners of STRD can persist in staking their assets to garner rewards, comprising both STRD and proceeds from liquid staked tokens. This involvement facilitates their contribution to crucial on-chain deliberations and voting endeavors, affecting determinations surrounding validator selection and blockchain updates.

To promote long-term viability, the issuance of STRD as staking incentives was cut by 50% from its original tokenomics plan. Additionally, 15% of the staking rewards are distributed to the Cosmos Hub, encouraging a synergistic relationship between both ecosystems. The STRD token continues to be vital, acting as a linchpin for governance influence and staking privileges within the dynamic environment of Stride.
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Converters STRD

amount
EURO
JPY
USD
100 STRD

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