What is the underlying technology of Stride?
Stride (STRD) is founded on a sophisticated technological framework that is a confluence of advanced blockchain principles. Fundamentally, Stride functions as a multichain liquid staking zone on the Cosmos blockchain, enabling users to stake tokens from various Cosmos chains and receive liquid staking derivatives, called stTokens, in return. These stTokens maintain a 1:1 ratio with the original tokens, allowing users to earn staking rewards while preserving liquidity. This liquidity is applicable within the Cosmos DeFi ecosystem, offering users opportunities to pursue additional yields. Stride's technological infrastructure is established using the Cosmos SDK and Tendermint—key components of the Cosmos ecosystem. The Cosmos SDK serves as a modular framework that simplifies the creation of secure blockchain applications, whereas Tendermint delivers a consensus engine that ensures network security and efficiency. These technologies jointly empower Stride to provide a robust and scalable liquid staking platform. Security is a critical concern for any blockchain initiative, and Stride addresses this through multiple layers. It employs continuous monitoring and a bug bounty program to identify and mitigate potential vulnerabilities. Furthermore, Stride capitalizes on the interchain security of the Cosmos Hub and implements IBC (Inter-Blockchain Communication) rate-limiting to curtail malicious activities. This amalgamation of security measures assists in protecting the network from attacks by malevolent entities. Stride is also investigating innovative solutions, such as the integration of a new rollchain module for posting state data to Celestia. Celestia is a modular blockchain network that specializes in data availability, which can enhance Stride's operational scalability and efficiency. This progressive approach underscores Stride's commitment to maintaining a leading position in blockchain technology. Governance within the Stride ecosystem is facilitated by the Stride Token (STRD), which acts as the native governance token. STRD holders can engage in crucial decision-making processes, including the distribution of staked tokens to validators and the induction of new validators. This decentralized governance model guarantees community involvement in the development of the Stride platform. Stride’s integration with the Cosmos blockchain supports any IBC-compatible tokens, augmenting its versatility. The Inter-Blockchain Communication protocol is a pioneering feature of Cosmos, enabling seamless communication and data transfer across different blockchains. This interoperability is essential for Stride's liquid staking solution, permitting users to stake a diverse array of tokens across the Cosmos ecosystem. Alongside its technical capabilities, Stride’s emphasis on interchain integration positions it as a pivotal player in the broader blockchain arena. By facilitating the staking of tokens from various chains and participation in DeFi activities, Stride bridges the gap between staking and liquidity, offering a comprehensive solution for users seeking to optimize their returns.














