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Stride Token(STRD) STRD Airdrop Details
Stride TokenAll outstanding airdrops will be claimable on November 22nd. Some airdrops will be liquid STRD, others will be vesting STRD.
Why Airdrop?
To begin, why does Stride conduct such large airdrops? Stride fully believes in the decentralization ethos of Cosmos, and as such Stride's token supply must be as distributed as possible. If Stride were completely decentralized from a technological perspective but its governance token were concentrated in a small set of hands, then it wouldn’t really be decentralized. A network can only be as decentralized as its least decentralized part.
Considering Stride's airdrops specifically, 6.3% of the total supply of STRD will be airdropped. Considering Stride's tokenomics in general, 50% of the total supply will be freely distributed to the communities Stride serves, through airdrops, liquidity incentives, staking rewards, and so on.
Stride's airdrops are an important way of distributing the STRD supply and making sure it gets into the right hands, which contributes to the goal of making Stride as decentralized as possible.
More Info: https://stride.zone/blog/stride-airdrop-details
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