dYdX, a decentralized exchange, has integrated with Stride, Persistence, and Quicksilver to enable liquid staking. Stride has announced stDYDX, allowing users to be fully liquid while earning staking rewards and auto-converting USDC staking rewards to staked DYDX. The integration is seen as significant for dYdX Chain. Additionally, Stride has launched stTIA, which is beneficial for Celestia and the ecosystem. Stride is also set to launch stDYM. Stride is positioned as the leading liquid staking provider in the modular ecosystem, with potential airdrops and roll apps for Stride stakers.
Stride has been on absolute fire with the launches of stTIA, stDYDX, and stDYM otw, and is the canonical liquid staking provider of the modular ecosystem. TIA airdrops and likely roll apps on dymension will land downstream to Stride stakers as well. Boolish. https://t.co/g0ZCkRt1ll
Stride ๐ค modular money. Congrats to the team on the launch of stTIA, gud for Celestia and the ecosystem as a whole. https://t.co/sGCch6MR6k
Huuuuuge integration for dYdX Chain ๐ฅ https://t.co/Wk2Ks0NYZg
1/5 Announcing Stride's first new LST of 2024 - stDYDX ๐ Say goodbye to the 30 day unbonding period of DYDX. Now, you can be fully liquid while still earning staking rewards. Notably, stDYDX auto-converts USDC staking rewards to staked DYDX. Details ๐งต https://t.co/pAIygzevoG
dYdX enables liquid staking with Stride, Persistence and Quicksilver https://t.co/uFcg1fpAgS