Stride Launched Liquid Staking Token for $TIA, and to Airdrop 5M $STRIDE to Adopters

Stride, the leading liquid staking protocol in the Cosmos ecosystem, has added support for Celestia (TIA).

The project has allocated 5M STRIDE tokens – worth $18.5M at the time of writing – to an airdrop for early adopters of its stTIA liquid staking token. 3M STRIDE will be distributed in the next 60 days.

Initially, only stTIA held on the Stride chain will be eligible for the airdrop. Support for decentralized exchanges Osmosis and Astroport Neutron will be added on Feb. 5.

stTIA is Stride’s second LST launch this week, coming just three days after the project integrated DYDX, the token of the leading perpetuals DEX by volume.