After a week of public discussion, the Cosmos Hub + Stride communities have decided to pause the STRD -> ATOM conversion.

13 Oct 2023, 12:16
After a week of public discussion, the Cosmos Hub + Stride communities have decided to pause the STRD -> ATOM conversion. Consider it shelved, but not completely abandoned. Curious about where to go from here? Join us this evening for a community chat.

Same news in other sources

3
Stride
StrideSTRD #318
Twitter
14 Oct 2023, 20:12
3/3 Many Cosmos chains have safety checks, called invariant checks. If anything onchain is abnormal, these safety checks pause functionality until validators can check the invariant. For more on invariants, see:
3/3 Many Cosmos chains have safety checks, called invariant checks.
3/3 Many Cosmos chains have safety checks, called invariant checks. If anything onchain is abnormal, these safety checks pause functionality until validators can check the invariant. For more on invariants, see:
Stride
StrideSTRD #318
Twitter
14 Oct 2023, 20:12
1/3 In the last few days, ATOM staking rewards have been slightly more volatile than expected. Favoring safety over liveness, Stride’s on-chain safety checks paused ATOM liquid staking functionality. No user funds are at risk and all stATOM functionality will resume in 3 days.
1/3 In the last few days, ATOM staking rewards have been slightly more volatile than expected.
1/3 In the last few days, ATOM staking rewards have been slightly more volatile than expected. Favoring safety over liveness, Stride’s on-chain safety checks paused ATOM liquid staking functionality. No user funds are at risk and all stATOM functionality will resume in 3 days.
Stride
StrideSTRD #318
Twitter
13 Oct 2023, 21:03
twitter news 13 October 2023 21:03