Cosmos Stride Opened App To Airdrop 4% STRD Governance Token

The Cosmos Stride staking protocol officially opened the STRD Airdrop this November, however the number of airdrop tokens has dropped from 6.3% in the announcement in early November to 4% of the total STRD supply.

According to official Twitter, the Cosmos Ecological Liquidity Staking Agreement Stride Airdrop Governance Token has been opened for the application and the airdrop rate is 4% of the total supply of STRD. Eligible users will have 3 months of Airdrop Claims.

According to the details of the officially distributed STRD token airdrop released on November 2nd, the number of tokens was reduced from 6.3% of the total supply of STRD to 4%.

STRD airdrops are divided into three categories: server chain airdrops, conversion cost rebate plans, and testnet rewards.

STRD will help owners vote to determine Stride’s server-chain validators. In addition, STRD is used to protect the Stride chain. For this service, the staking STRD will receive a reward due to inflation. But in the very near future, staking STRD can also get all the revenue from the protocol.

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