$26,500,000 Worth of Airdrop!
Hello crypto enthusiasts! Get ready for an unprecedented opportunity as we announce the stTIA blitz, bringing forth a massive airdrop of 5,000,000 STRD (5% of the total max supply) for stTIA holders over the next 150 days.
The price of STRD on February 5, 2024, is approximately $5.3 per token. With an upcoming airdrop of 5,000,000 STRD, the total estimated value of the airdrop is around $26,500,000.
Key Details:
- Allocation: 5,000,000 STRD, 5% of the total max supply.
- Duration: Airdrop snapshots will be taken daily over 150 days.
- Bonus: 2x bonus for users holding stTIA in the first 60 days.
- Claim Window: STRD becomes claimable 6 months after the date it was earned.
Why stTIA?
Celestia, one of the most exciting blockchains, is the driving force behind this monumental airdrop. As the premier liquid staking provider for the Cosmos ecosystem, Stride protocol is all set to enhance TIA’s liquidity by incentivizing stTIA holders with this massive STRD airdrop.
Stride Protocol Overview:
- Launched: September 2022.
- Dominant Cosmos Liquid Staking Provider: 90–95% market share for liquid staked ATOM, OSMO, DYDX, STARS, EVMOS, JUNO, and more.
- Total Value Locked (TVL): $85M.
- Protocol Rewards: 8.5% of staking rewards from all liquid staked tokens redirected to STRD stakers.
Airdrop Eligibility: To participate, simply hold stTIA. You can acquire stTIA using the Stride protocol app or by swapping on a DEX. However, be mindful of where you store your stTIA. Initially, only stTIA held on the Stride blockchain will be eligible for the airdrop. Starting February 5th, eligibility expands to Osmosis and Neutron blockchains.
Allocation Schedule: The 150-day airdrop is divided into two phases:
- Phase One: First 60 days with a frontloaded allocation to encourage fast adoption.
- Phase Two: Last 90 days with high but consistent daily allocations.
Distribution: STRD becomes claimable 180 days after allocation. Daily distribution follows the snapshot, and users have 180 days to claim their STRD. Unclaimed tokens after this period return to the community pool.
Airdrop User Interface (UI): A user-friendly interface will be provided on the Stride web app for users to track their allocated STRD. Access it from tomorrow after the first snapshot.
stTIA as Modular Money: Celestia’s groundbreaking modular ecosystem makes stTIA more than just a token; it’s modular money! Envision stTIA’s role across rollups, DEXs, DeFi leverage apps, NFT trading, and DAO treasuries.
Final Thoughts: With 5,000,000 STRD up for grabs, this is your perfect chance to liquid stake your TIA. For existing stakers, initiate the unstaking process now. For other TIA LST holders, swap into stTIA on a DEX to start earning STRD. Celestia’s modular expansion, coupled with Stride’s leading role in liquid staking, promises exciting times ahead.
Join us on this incredible journey as we navigate the modular world with Celestia and Stride! CryptoUprise!