Today Stride Staked Osmo (STOSMO) only traded on Osmosis. The maximum trading volume is observed for the trading pair STOSMO/UOSMO and reaches 70.9 ths. dollars (100% of the total volume across all exchanges). During the week, the minimum price for Stride Staked Osmo (STOSMO) is fixed on Sunday at 0.568 cents. Currently, the token Stride Staked Osmo is trading in the range of 56.79 cents or 58.37 rubles for 1 STOSMO.
STOSMO Stride Staked Osmo
Price of Stride Staked Osmo (STOSMO)
Exchanges where STOSMO is traded
Calculator STOSMO
1 STOSMO = 0.568 USD
What is Stride Staked Osmo?
The stOSMO token functions as a representative of OSMO, the native token of the Osmosis Zone, a liquidity-centric hub and the most substantial chain by Total Value Locked (TVL) within the Cosmos ecosystem. Stride introduces stOSMO as its liquid staking token (LST) representative for OSMO, offering users an avenue to convert staked OSMO into stOSMO. By staking OSMO with Stride, users can earn stOSMO, which are redeemable for OSMO at a 1:1 ratio, subject to the unbonding period on OSMO. With stOSMO, users can retain liquidity in their staked tokens while also earning staking rewards. This conversion retains value and serves as a versatile asset in DeFi engagements, with an 18.19% staking reward.
Stride is a multichain liquid staking zone (appchain) on the Cosmos Blockchain. Stride allows users to stake any IBC-compatible tokens, and receive stTokens in return, which are redeemable for the original token at a 1:1 ratio. By staking their tokens using Stride, users will be able to earn staking rewards, while also retaining liquidity in the form of stTokens, which will allow them to take advantage of Cosmos DeFi and pursue more yields there.
Official websites and links for Stride Staked Osmo
There are currently about 5 official links to Stride Staked Osmo websites and social media:
- Website - stride.zone
- Twitter - twitter.com
- Reddit - reddit.com
- Facebook - facebook.com
- GitHub - github.com/Stride-Labs