Firestride Chat June 26, 2025

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Stride
@stride_zoneJun 26, 2025

The Spaces focused on updates and developments within the Stride ecosystem, with Aaron, a co-founder of Stride, providing insights into the team's activities. Discussions centered around the Stride DEX, its ongoing development, user experience improvements, and governance updates. A notable proposal for the transfer of stbgt ownership to Baker Dao was discussed, highlighting the benefits for both Stride token holders and stbgt users. Transparency in tokenomics, assessed by Blockworks framework, was praised, establishing Stride as having high transparency in its token information. The session concluded with Q&A and discussions on anticipated developments.

Twitter Spaces Summary - Stride Project Updates

Introduction

The session began with the introduction and setup for a community call focused on updates from the Stride team, a project within the Cosmos ecosystem. Aaron, one of the co-founders, led the discussion alongside Robo as a core contributor, providing insights into recent strides in the Stride ecosystem.

Stride Dex Development

Current Focus

  • Aaron provided a comprehensive update about the Stride Dex. The team has been dedicating 95% of their resources over the last few months to this effort. The LSTs are generally on autopilot, except for scbgt, which requires more attention.

Key Areas of Focus

  • User Experience and Liquidity: The team is concentrating on enhancing core user experience, liquidity coverage, incentive mechanisms, and integrations with other platforms launching on the Cosmos EVM.
  • ICL Collaboration: The ICL (Interchain Liquidity) project is also developing its roadmap, focusing on expanding beyond the Cosmos ecosystem.

Technical Developments

  • The audit of the initial Dex setup has concluded, and the team is working on special features like recurring purchases and limit orders to facilitate smoother trading experiences.
  • Substantial effort is being invested into ensuring deep liquidity and straightforward incentive flows.

Innovation and Distinct Features

  • The team is addressing common user pain points such as deposit and withdrawal processes, making asset management across chains much more intuitive.
  • Plans for cross-chain trading without the need for additional wallets or complex bridging processes are underway, aiming for a user experience closer to centralized exchanges.

Launch Timeline

  • The goal is to launch around September to October, although this is contingent on the Cosmos EVM’s readiness.

stbgt Transition to BakerDAO

Proposal Overview

  • A proposal was put forth to transfer the stewardship of stbgt to BakerDAO, focusing on enhancing the product and providing value for both Stride token holders and stbgt holders.

Benefits for Stakeholders

  • For Stride token holders, the deal will ensure 100% of the profits from stbgt go towards buybacks and burning of Stride tokens, enhancing token value.
  • stbgt holders are promised higher APRs through additional incentives and strategic validator selections orchestrated by BakerDAO.

Blockworks Tokenomics Framework

Recognition

  • Stride was praised in the Blockworks Tokenomics Framework, highlighting the project's transparency and sound structuring of token economics.
  • The framework encourages projects to reveal critical operational details, fostering a more informed investor community.

Importance of Transparency

  • This transparency is crucial in differentiating high-value tokens from lesser ones in the market.

Community Engagement

Feedback and Participation

  • The Stride team encourages community involvement through regular updates and sneak peeks shared directly by the team members. Interested community members are invited to provide feedback and participate in testing phases of development.

Questions and Further Discussions

  • The session concluded with opportunities for community member questions, highlighting the community-centric approach of Stride’s development process.

Conclusion

The session wrapped up with acknowledgments to participants and listeners. The anticipation for upcoming developments in Stride’s ecosystem was palpable, with calls to action for continued community engagement in the forthcoming stages of the project’s journey.