Using and Understanding Stride

If you’ve never used Stride before, you’re new to Cosmos, and you are not sure where to begin with Stride, do not worry. This is the guide you were searching for. You’ll learn everything you need to know about Stride and understand how it works.

What I’ll do in this guide is to liquid stake some TIA step by step. If you follow this guide carefully, you’ll be able to:
  • Stake your assets and earn passive income
  • Having them unlocked and being able to use them anytime
  • Understand exactly what you’re doing each time you’re using Stride

Short Introduction to Cosmos locking periods 🔒

Cosmos SDK chains are delegated PoS networks and the reason there is a locking period in every single one of them is to face "long-range attack" vulnerabilities. A long-range attack is like rewriting history—altering blockchain records from the past. In networks like Celestia or the Cosmos Hub, the unbonding period adds a time delay to withdrawing staked tokens, deterring attackers from manipulating history. What Stride allows us to do is to actually have our funds unlocked while we're not putting our networks at risk. What Stride does, like any other Liquid Staking Service, is very simple. In reality, we lock our funds, but in return, we receive a "receipt" that we indeed have staked funds. This receipt has the same buying power as our locked funds.

In our case—since we will liquid stake our TIA tokens—this receipt is named “stTIA”. We can also refer to these receipts as “liquid staking derivatives (LSDs)”. All of Stride’s receipts or LSDs are named after the staked token’s name and “st” (which stands for “Stride”) in the beginning. For example, stTIA, stATOM, stOSMO, stdYdX. All of these tokens are liquid staking derivatives provided by Stride, and you can use them (or any other available option) the same way I’ll use my TIA in this guide.

The journey to liquid staking

Step 1 - Bridging tokens to Stride

What we’re doing first is sending our tokens to the Stride Blockchain. If you’re coming from Ethereum or any other ecosystem then you’ll experience bridging greatness for the very first time. Bridging tokens from one Cosmos chain to another costs some cents and takes only some seconds, while it’s -by far- the most secure bridging solution to date. First of all, we need to go here and choose the token we want to liquid stake. In my case, I will choose TIA. Now proceed and set the amount of your available tokens that you want to liquid stake. Sign the transactions as the gif below.

Step 2 - Allow Stride to stake your assets

Stride will stake your tokens just as you would if you wanted to stake in the conventional way. In the second step, Stride simply asks for your approval to manage your funds. Afterwards, it will stake your tokens with selected validators that meet certain criteria (such as not being CEX validators and having a 5% commission). In most cases, the community decides on these selected validators through on-chain governance.

In order to proceed, just keep pushing the button the Stride platform guides you to push in a very user-friendly manner.

Step 3 - There is not step 3. You’re done!

And just like that, you bridged your assets from Chain A to Stride, granted Stride permission to stake your tokens, and Stride bridged these tokens back to Chain A to stake them for you... all in less than 2 minutes! Now, if you check your wallet or the Stride web app, you will see that you now hold stXXX (depending on what you staked). In my case, I see this:

stTIA tokens are now living on the Stride blockchain, but I have the ability to transfer them to Osmosis, Astroport, or any other platform to seize additional bonus yield opportunities. However, if you are a day trader, keeping your tokens idle is not a bad idea. You can still engage in day trading without being negatively impacted by the inflation of the underlying asset! If you want to bridge your tokens, follow these links: