Stride

LIQUID STAKE WITH STRIDE

We are already on the main network and the first Liquid pool on Osmosis ATOM/STATOM have been launched and rewards are being distributed to liquidity providers.

1. Getting Started; Purchase Atom

To get liquid atom, you first need to purchase ATOM on any platform, then transfer your purchased ATOM to your Stride wallet address in Kelpr.

Note: There will be compensation for all losses associated with transition for those that withdraw their ATOM from staking to provide liquidity.

2. Liquid Stake your ATOM

Follow the link here to get on with it

On opening the site, you will need to confirm adding networks to Kelpr, then you can view your wallet address and your assets are visible.

Click on stake and input the number of token you would love to stake and then click on liquid stake

Click start button in the pop-up window and confirm all transactions in the wallet

You will get a message detailing the approved processes and transfers, and a successful message of the staked ATOM

Click on the view details button, this will take you to Mintscan to see the details of the transactions(Stake transaction detail and Transfer transaction details):

And at the bottom of the application, general information about the staking parameters: like the Rewards, Fees, expected duration for unbonding.

It is important to note that before withdrawal from the pool can take effect, there is a waiting period of 21-24 days.

3. Access the ATOM/ stATOM pool and connect your wallet

Follow the link , to access the ATOM / stATOM pool:

Click on deposit, your wallet will bring up an approval or rejection wallet connection pop-up, please approve the request to connect you wallet to the platform.

4. Deposit stATOM

Click deposit on each of them to deposit them into the pool:
Starting with the stAtom

A tab opens which is a IBC transfer of the stATOM tokens from your stride Address to the Osmosis Address. Input the amount to deposit and click on the deposit button. Ensure to confirm the transactions in your wallet.

5. Deposit ATOM

Repeat step 3 but this time we are depositing ATOM

At the end we will have balances of stATOM and ATOM in the Assets tab:

6. Add Liquidity

Next, We return to our pool and click add liquidity:

You will see the ATOM and stATOM you deposited earlier ready to be used, now click on the Add Liquidity button below. Confirm the transactions in your wallet.

You will get a confirmatory messages that you have been able to provide liquidity in the pool.

On your dashboard the total amount of assets you have in the pool have been updated to reflect this.

In just a few hours, rewards in this pool will begin to accrue.

The rewards accrues thus;

% for the liquid staked Atom + % of exchanges in the ATOM/ stATOM pairs + Reward in stride tokens