Liquid Staking Protocol Stride Launches $stLUNA

Cosmos-based liquid staking protocol Stride announced the launch of $stLUNA, a liquid staking derivative of $LUNA.

$stLUNA has integrated multiple DeFi protocols on Cosmos. A stLUNA-LUNA pool is live on Astroport, with $STRD incentives provided by Stride. Stride will also airdrop $STRD to $LUNA stakers. The snapshot was taken on January 19th, and the airdrop will be claimable in March.