Stride: To explore new product lines beyond Cosmos, liquidity staking will continue to operate as usual

BlockBeats News, August 6th, The Cosmos ecosystem liquidity staking protocol Stride announced that due to Cosmos's decision to no longer pursue its EVM, Stride has reached a settlement with Cosmos. Stride has settled its debts and will explore a brand new revenue product line outside of Cosmos, and will share the latest developments once the product line is mature.

Liquidity staking on Stride will continue to operate as usual, and liquidity staking rewards will continue to be used to purchase and burn STRD.