"STRD"

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Stride is a liquid staking protocol operating in the Cosmos ecosystem, which is built on the Tendermint consensus mechanism. Utilizing the Cosmos SDK, Stride leverages features such as Inter-Blockchain Communication (IBC) and inter-chain queries, enabling it to facilitate liquid staking across multiple chains.

This article provides a detailed introduction to relatively important projects in the Cosmos ecosystem.

This article introduces the Stride project and why it has quickly risen to become the first staking protocol in the Cosmos ecosystem.

Gate Research's daily market review and outlook covers Bitcoin and altcoin market trends, macro capital flows, on-chain metrics analysis, updates on hot projects, token unlock information, and key industry conferences, providing comprehensive analysis and forecasts for the cryptocurrency market.

Shared security means that one or more blockchains can enhance their own security and achieve decentralized startup and operation by sharing the "decentralized trust source" of another blockchain. This reduces the startup threshold and operating costs of blockchain from scratch, and helps prevent chaebol rule, allowing the team to focus more on value innovation in Web3.

Gate Research Daily Report, August 14: BTC prices have returned above $60,000, while ETH remains volatile. The market shows an optimistic bullish sentiment. The U.S. July PPI growth was below expectations, affecting the Fed's interest rate cut outlook. BitGo wallet transferred a large amount of Mt. Gox Bitcoin assets, and Aethir Foundation opened community reward claims.