Stride continues its deflationary $STRD strategy, hands off stBGT to BakerDAO, and prepares the Stride DEX 1️⃣ stBGT Ownership Transfer 🔸@stride_zone is transferring ownership of stBGT, its liquid staked BGT token, to @BakerDAO420. 🔸Stride made the strategic decision to double down on the Cosmos Hub by launching the Stride DEX, 2️⃣ $STRD Buyback & Burn 🔥 🔸500K $STRD burned in 3 months, or 0.5% of max supply. 🔸80% of protocol fees buy/burn STRD daily. 🔸DEX fees (after launch) will boost burn pressure further. 3️⃣ The IBC Flywheel & Upcoming Stride DEX 🌐 🔸At Sovereign EVM Day, Stride previewed its upcoming DEX - central to the IBC Flywheel. 🔸Backed by the Interchain Foundation, the DEX enables multichain swaps and deep liquidity for Cosmos-native DeFi. 🔸One-click routing through @cosmos Hub connects users to assets across IBC, Ethereum, Solana, Bitcoin, and more. 🔸Stride aims to abstract complexity and deliver seamless, high-performance DeFi across chains. 🔸🔸Stake $ATOM with our Sponsor @EverstakeCosmos - 100% uptime, 0 slashing. 🔸🔸 🫡