Stride, a web3 staking platform, has various exciting airdrops for Web3 users. Users can lock up their tokens for high returns.
In this article, we will look into Stride’s ongoing airdrops and the claiming processes. Also, we will check the eligibility, benefits, and key dates of the airdrop. Let’s start.
What is Stride?
Stride is a web3 staking platform that gives you high returns. The platform is built on the Osmosis chain. Stride mainly focuses on the staking of tokens built on the Osmos chain rather than cross-chain staking. As a relatively new platform, Stride is airdropping its users with huge rewards to increase its visibility. The platform’s native token is STRD.
The STRD Token
STRD is the foundational token of Stride. It is used for governance, staking, and transaction fees. The rewards for staking can be claimed as STRD. Here are some particulars of the taken:
| Ticker Name | $STRD |
| Contract Address: | ibc/A8CA5EE328FA10C9519DF6057DA1F69682D28F7D0F5CCC7ECB72E3DCA2D157A4 (Osmosis) |
| Circulating Supply | 87,826,193 STRD |
| Maximum Supply | 100,000,000 STRD |
| Today’s Market Cap | $79,823,599 |
How Does Stride Airdrop Work?
This is primarily a staking airdrop. Users can swap their tokens to stTIA, stDYDX, stATOM, etc, and earn STRM as a staking reward. All the tokens have separate airdrops. Currently, three airdrops are live. Here are the details of ongoing airdrops:
- stTIA: With the stTIA campaign, you swap your TIA tokens to stTIA and lock them up to receive STRD tokens daily. The campaign began in February 2024, and the lock-up period of 180 days ended. stTIA claiming began on 29th July 2024.
- stDYM: You can swap your DYM to stDYM, and earn STRD. The staking period has ended, and the claiming process will begin within 10 days.
- stDYDX: Swap your DYDX to stDYDX, and start staking. You will receive multiple rewards including STRD. The campaign is live now. Get some DYDX to
Eligibility Criteria For the Airdrop
Is This Airdrop Free?
The airdrop is not free to participate. It is only for those who hold assets in their Osmosis wallet. If you are looking for free airdrops you can skip this. Or, if you have assets in your Osmosis wallet, do stake them to learn more about how this process works.
Step-by-Step Guide to Claim the Airdrop
- Visit the official website of Stride and open the navigate to the app. Click airdrops to reach the airdrop interface.
- You will see the three ongoing airdrops. Click any of them and connect your wallet to participate.
- Check eligibility and confirm the wallet verification request. Choose your desired token and amount, and start staking. That’s all.
How to Withdraw Your Earnings?
The stTIA airdrop claim is live now. From August to December, STRD will be sent daily to airdrop participants. The stDYM campaign’s token claim will begin within 10 days. The STRD claiming details of stDYDX staking campaign are not yet available. After receiving the tokens, you can sell them or HODL.
STRD is listed on popular centralized exchanges like Kraken, MEXC, and CoinEx. You can send your STRD to these exchanges. Or else, you can connect your wallet to decentralized exchanges and swap them. STRD/OSMO, STRD/ISLM, STRD/USDC, and STRD/USDT pairs are available on Osmosis DEX.
Airdrop Launch Date & End Date
The stTIA airdrop campaign was launched on February 1st, 2024, and the staking ended in July. The claiming process started on July 29th and will last until December 27th.
The stDYM staking process is ongoing. New stakers are not allowed. The stakers who participated in the campaign can start claiming their daily STRD from 12th August. The stDYM airdrop ending date is not yet confirmed.
Final Thoughts: Is This a Trustable Airdrop?
If you want to learn more about how staking works while earning huge returns, then go for Stride airdrop. As a new platform, we are not sure how promising this platform is. So, it is better to do a thorough research before staking in the airdrop campaign.
Go through Stride’s whitepaper, docs, and blogs to learn more about the platform. Also, engage with Stride’s social media communities to gain insights regarding the platform’s trustworthiness. DYOR, and good luck.
More Airdrops: How To Claim Coreum Airdrop? Launch Date, & More
