Stride Staked STARS Price (stSTARS)

stSTARS is a token received in exchange for staking STARS with Stride. STARS is the native token of the Stargaze ecosystem on the Cosmos blockchain. By staking STARS with Stride, users can earn stSTARS, which are redeemable for STARS at a 1:1 ratio, subject to the unbonding period on STARS. Stride currently supports staking STARS on its mainnet, which launched in late July 2022. With stSTARS, users can retain liquidity in their staked tokens while also earning staking rewards, giving them the ability to pursue more yields within the ecosystem.