Stride has suspended ATOM liquid staking and will restore all stATOM functions in 3 days

2023-10-15 14:13:37
Collection

ChainCatcher message, the Cosmos ecosystem liquid staking protocol Stride stated on social media that due to the volatility of ATOM staking rewards being greater than expected, the security check on the Stride chain has paused the ATOM liquid staking feature. User funds are not at any risk, and all stATOM functions will resume in 3 days.

During this period, stATOM will continue to accumulate staking rewards as usual, which will be displayed after 3 days. The liquid staking of other tokens will proceed as normal.

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