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Stride

Basic Information

InformationDetails
Project NameStride
Project WebsiteStride
Project DescriptionStride is a Cosmos-based blockchain providing liquid staking solutions to enhance decentralization and governance participation.
Project TickerSTRD

Airdrop Details

InformationDetails
Airdrop TypeHolder / Testnet
Total Airdrop Amount6.3M STRD (6.3% of total supply)
Number of Eligible UsersNot Known
Number of ClaimantsNot Known

Timeline

EventDate
Blockchain SnapshotAugust 15, 2022
Claiming StartedNot Known
Claiming EndsNot Known

Token Distribution

DistributionAmount
MaximumNot Known
Median/AverageNot Known
MinimumNot Known

Criteria For Airdrop

Host-Chain Onboarding

  • Chains must be onboarded for Stride liquid staking to be included in the airdrop program.
  • Addresses staking the chain’s governance token at the snapshot block height are eligible.

Staking Thresholds:

  • Minimum Threshold: $100 worth of governance tokens (at the snapshot).
  • Maximum Threshold: $50,000 worth of governance tokens (at the snapshot).
    • Users above the max threshold are eligible, but only up to $50,000.

Exchange Validators Excluded:

  • Tokens staked with exchange validators (e.g., Binance, Coinbase) are not eligible.

Redistribution Mechanism:

  • Unclaimed STRD is redistributed monthly to the original recipients.
  • Ensures full distribution of tokens to engaged users.

Example:

  • If a user does not claim their STRD within 3 months, their unclaimed STRD is redistributed proportionally to the original recipients.

Claiming Tasks and Vesting:

  • 20% Freely Claimable: No action needed except clicking “claim.”
  • 20% Task: Stake the initial 20% to claim this portion (starts vesting for 3 months).
  • 60% Task: Liquid stake any amount of ATOM with Stride to unlock the final 60% (vests for 3 months).

Injective-Specific Criteria:

  • Metamask users must export their mnemonic and import it into Keplr to claim STRD.
  • Does not support Ledger yet.

Exclusions:

  • Tokens staked with exchange validators.
  • Addresses staking governance tokens below the minimum threshold at the snapshot.

Stride Airdrop Distribution by Chain

ChainSTRD AirdroppedSnapshot DateMin / Max StakeClaimed % (as of June 20th, 2023)
Stride Testnet450K--98.6%
Rebate101K--100%
Cosmos Hub2.2MAugust 14th10 / 4,200 ATOM67.2%
Stargaze20KSeptember 19th2.8K / 1.2M STARS81.3%
Juno200KAugust 14th16 / 8.3K JUNO87.3%
Osmosis1MAugust 14th85 / 43K OSMO83.6%
Evmos50KDecember 7th (block 8225607)300 / 120K EVMOS27.0%
Injective100KOctober 24th (block 17469200)25 / 26.5K INJ0%
TerraTBDJanuary 19th (block 3399238)50 / 25K LUNA0%
Umee5KApril 23rd (block 6221292)14K / 7M UMEE0%
Comdex2KJune 5th (block 8032541)300 / 150K CMDX0%
Sommelier10KAugust 22nd (block 10459611)800 / 400K SOMM0%

Additional Information

  • The Stride Airdrop Program continuously redistributes unclaimed STRD to active users.
  • No STRD is clawed back to the community pool.
  • Stride aims to decentralize governance participation in the Cosmos ecosystem.
This post is licensed under CC BY 4.0 by the author.