Stride Staked OSMO Price (stOSMO)

Stride Staked OSMO, or stOSMO, is a representative token for staked OSMO. It is derived through the process of liquid staking OSMO using the Stride protocol. It can be converted back to the original tokens at any point. stOSMO permits seamless transactions, transfers, and participation in DeFi activities. But unlike the staked ATOM token, stOSMO is liquid, meaning it can be sold, transferred, or used in DeFi.

In the broader context of the Cosmos ecosystem, where OSMO is the native token of Osmosis, stOSMO is a versatile asset, offering the benefits of DeFi engagement alongside a 8.34% staking reward.