Supporting Stride as a Validator

Why should we support Stride?

DeFi within the Cosmos ecosystem is currently operating at a underutilized and inefficient level. Users find themselves in a situation where they must choose between staking their tokens for passive returns or engaging in DeFi activities, which involves taking on higher risks in pursuit of greater yields.

Fortunately, there’s a solution to this dilemma. Many other proof-of-stake ecosystems, such as Ethereum and Solana, have introduced staking tokens to address this issue, and now Cosmos does too.

Stride is an advanced multichain liquid staking solution that will enable users to easily convert their tokens into liquid staked assets on any Cosmos chain.

Stride’s mission is to provide Cosmos users with the finest and most secure liquid staking experience. To achieve this, we have given priority to three key areas to ensure both security and innovation:

Keeping DeFi safety top of mind.

Stride is undergoing thorough audits by Certik and Oak Security, two of the most reputable blockchain auditors. We are also implementing pioneering security measures within our governance modules and rate limiting to guarantee the security of stakers’ funds.

Making stTokens the base tokens of Cosmos DeFi

Stride aims to make stTokens the cornerstone of Cosmos DeFi, facilitating one-click integrations with money markets, decentralized exchanges (DEXs), and other existing Cosmos DeFi products. Furthermore, Stride has plans for entirely new features post-launch, utilizing liquid staking to enhance the Cosmos DeFi landscape.

Offering users an incredibly simple, vertically integrated App UX.

Stride’s goal is to offer liquid staking for 15 different Cosmos Layer-1 tokens, all within the Stride platform. While Cosmos boasts some of the most innovative technology in the crypto realm, Stride is equally committed to ensuring that it offers a user experience that leads the industry in simplicity and integration.

Stride, A rising star within the Cosmos

In an exciting turn of events, Stride, the DeFi protocol built on the Cosmos network, has been firmly establishing itself as a significant contender in the cryptocurrency landscape. Recent insights from an extensive Nansen report indicate that Stride presently holds a commanding market share, surpassing 80% within the Cosmos network.

With Stride’s ongoing dominance in the Cosmos ecosystem and shows no signs of slowing down, the project’s future appears promising. The DeFi sector is characterized by its dynamic and constantly evolving nature, and Stride’s journey serves as a compelling example of the potential that exists within this exciting realm.

Provalidator will continue support on the Stride blockchain, please stay tuned for more of our announcements. Thank you!

About Provalidator

Provalidator is a professional Proof-of-Stake blockchain validator and decentralized infrastructure provider. We offer enterprise-level validation services to more than 30+ blockchain networks, safeguarding over $250 million (as of December 2022) in digital assets through our robust infrastructure. Our team has been operating validator nodes since 2018 starting with the Cosmos Hub, and is currently one of the most prominent validators in the Cosmos ecosystem.

At the heart of our operations is validator service, which are specialized servers or nodes in a blockchain network tasked with proposing, authenticating transactions, and incorporating new blocks into the blockchain. Our dedicated team is on standby around the clock, ensuring swift responses to any validator node concerns. We’ve implemented multi-layered security and monitoring systems to safeguard our infrastructure and prioritize interests of our delegators.