The Future of Liquid Taking Protocols

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I feel like a lot of cosmos naysayers will say, well, interchange security makes no sense. I think either interchange security or something like mesh security where the majority of the security comes from the cosmos hub makes the most sense. For all those reasons, I think it makes a lot of sense for liquid taking protocols to have their fate tied to the protocols that they support. The nice thing about interchange security is the chain, so Stride doesn't actually lose very much sovereignty. It still has governance rights. Yes, the Stride protocol can still develop next to the cosmos hub.

We are joined by the founders of Stride - Cosmos' liquid staking zone - to discuss how LSTs will catalyze Cosmos' DeFi Summer. We discuss how Stride staking works, competition with Lido, Interchain Security, the Hub's Liquid Staking Module, Stride's upcoming features and more!

And as usual, we start the episode with our analyst bullpen to discuss the SEC's crackdown on Binance, the McHenry-Thompson crypto bill, dYdX bullishness and the Apple Vision Pro.

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Timestamps:

(00:00) Introduction

(00:49) Hot Seat/Cool Throne

(30:21) Interview Start: Cosmos' Moment

(35:43) Will LSTs Ignite Cosmos DeFi?

(38:49) The Competition

(42:07) Stride’s User Flow, Interchain Accounts & Token Design

(49:23) Interchain Security

(57:06) Trading at Peg and Instant Redemptions

(1:02:41) Sourcing Liquidity and POL

(1:06:30) Staked ATOM as Cosmos’ Gas Token

(1:08:08) Allocating Stake to Validators

(1:11:30) The Liquid Staking Module

(1:14:26) Stride’s Research and Roadmap

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Today’s episode is brought to you by the Atom Accelerator, now offering grants to build out the ATOM economic zone! It's the perfect time to build with Cosmos and join the thriving ATOM ecosystem. With Interchain Security live, and the power of IBC connecting the interchain, builders are flocking to Cosmos. Join the ranks of Neutron, Lido, Astroport, Gitcoin, Mars and numerous other projects harnessing Cosmos’ leading infrastructure. Discover how to secure a grant from the Atom Accelerator by visiting https://www.atomaccelerator.com/ today!

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Resources:

Matt Hougan Binance tweet

https://twitter.com/Matt_Hougan/status/1665779583759843329

Stride

https://stride.zone/

https://twitter.com/stride_zone

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Disclaimer: Nothing said on 0xResearch is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Dan, Sam, and our guests may hold positions in the companies, funds, or projects discussed.