Stride Airdrop Details

This is a living article, continuously updated to reflect new information. Last updated on Friday, October 7th

Airdrop Claim Update

Stride has announced a number of different airdrops. These airdrops will all be claimable at the end of October. Some airdrops will be liquid STRD, others will be vesting STRD.

To be transparent, the airdrop claim date has been pushed to the end of October due to the rapid growth Stride has experienced since launch. Liquid staking support has been enabled for many tokens, and many more are in the pipeline; Ledger support and Stride governance will be turned on in Stride’s first chain upgrade, coming in the next few days; and Stride is collaborating with multiple Cosmos teams to integrate Stride’s stTokens across the Cosmos. Stride’s growth in the first month has been unexpectedly strong, which is always a good problem to have!   

Read on for up-to-date information about Stride’s various airdrops.


Why Airdrop?

To begin, why does Stride conduct such large airdrops? Stride fully believes in the decentralization ethos of Cosmos, and as such Stride’s token supply must be as distributed as possible. If Stride were completely decentralized from a technological perspective but its governance token were concentrated in a small set of hands, then it wouldn’t really be decentralized. A network can only be as decentralized as its least decentralized part.

Considering Stride’s airdrops specifically, 6.3% of the total supply of STRD will be airdropped. Considering Stride’s tokenomics in general, 50% of the total supply will be freely distributed to the communities Stride serves, through airdrops, liquidity incentives, staking rewards, and so on.

Stride’s airdrops are an important way of distributing the STRD supply and making sure it gets into the right hands, which contributes to the goal of making Stride as decentralized as possible.


Airdrop Categories

There are three categories of STRD airdrops: host-chain airdrops, theSwitching Cost Rebate Program, and testnet rewards.

If an address is eligible, these airdrops all need to be claimed through the Stride airdrop user interface (which is currently being built).


Airdrop Category 1: Host-chain Airdrops

ATOM stakers: 2,200,000 STRD

Snapshot: Sunday, August 14th at 13:00 UTC

Min threshold: 10 ATOM, max threshold: 4,200 ATOM


STARS stakers: 20,000 STRD

Snapshot: Monday, September 19th at 09:30:35 UTC

Min threshold: 2,800 STARS, max threshold: 1.2MM STARS

JUNO stakers: 200,000 STRD

Snapshot: Sunday, August 14th at 13:00 UTC

Min threshold 16 JUNO, max threshold 8,300 JUNO

OSMO stakers: 1,000,000 STRD

Snapshot: Sunday, August 14th at 13:00 UTC

Min threshold 85 OSMO, max threshold 43,000 OSMO

Amount remaining for airdrops to chains on-boarded by Stride in the future: 1,655,000 STRD

Host-chain Airdrop Calculation

The amount of STRD for a host-chain airdrop is divided evenly between all tokens across all eligible addresses. Only staked tokens are eligible. Addresses with less than roughly $100 of a given token are excluded, as the airdrop would be negligible. A whale cap of roughly $50,000 of a given token is used. For example, if a user has more than $50,000 worth of a given token, only the first $50,000 of that token is eligible for the airdrop.

Exchange Validators Excluded

As with other Cosmos airdrops, tokens delegated to exchange validators are excluded from host-chain airdrops. This was done in order to put STRD in the hands of active, engaged members of the communities Stride serves. Users who stake with exchange validators likely have a low degree of participation in the Cosmos ecosystem.

Tasks and Vesting

Host-chain airdrop recipients have to perform several tasks on Stride to claim the full airdrop amount. Most of the airdrop amount vests for a period of time after being claimed. Here is the process:

Whatever a user’s total airdrop amount may be, 20% is granted freely to the user. All he has to do is click a button. This 20% does not vest and is liquid.

The task to claim the next 20% of the total airdrop amount is to stake the first 20% that the user freely claimed. This second 20% of the total amount then begins to vest to the user. Vesting happens linearly over a period of 6 months.

At this point, there is still 60% of the total airdrop amount left to claim. The task to claim this final portion is liquid stake any amount of ATOM with Stride. Upon completion of this task, the final 60% of the total airdrop amount begins to vest. Vesting is linear over a period of 6 months.


Claw-back and Redistribution

As with other Cosmos airdrops, unclaimed STRD will be clawed back. The reason projects do this is that in distributing their token they want to select for active and engaged recipients. These are governance tokens, after all. If a user takes months to claim his free tokens, he likely won’t actively participate in governance. So after a certain amount of time, projects like to claw back their unclaimed tokens. Clawed back tokens are usually placed in the project’s community pool. For example, about half of the Osmosis genesis airdrop went unclaimed, and was clawed back to the community pool.

But Stride is different in this regard. Stride strongly desires that its token supply be widely distributed. If users won’t claim their STRD airdrop, it will be clawed back and given to users who are interested in claiming it! Here’s how it works:  

Once a host-chain airdrop is released, airdrop recipients will have a three-month claim window to perform the required tasks and claim their total airdrop amount. Stride will repeatedly and loudly communicate exact dates for the claim windows, in order to give recipients every opportunity to claim their STRD. After the claim window ends, all unclaimed STRD will be clawed back. This pool of STRD will then be immediately redistributed to the same set of recipients as the original airdrop, and will be claimable in the same manner as the original airdrop.

Here’s an example. Bob, Alice, and Joe are the set of users eligible for a Stride host-chain airdrop. Bob receives 10 STRD, Alice receives 20 STRD, and Joe receives 70 STRD, as they had different amounts of token staked. Bob and Alice both claim all their STRD, but Joe claims none of his. At the end of the three-month claim window, Joe’s unclaimed 70 STRD is clawed back and immediately redistributed. In the second airdrop, Bob receives 7 STRD, Alice receives 14 STRD, and Joe receives 49 STRD. If Joe fails to claim his STRD a second time, then there will be a third airdrop, and so on.

This mechanism essentially gives users a chance to claim other users’ unclaimed STRD airdrop, while at the same time giving users who missed the claim window a second chance to claim their STRD, albeit a smaller amount. This will help to create a STRD token holder set that is active, engaged, and cares about Stride.

Airdrop Category 2: Switching Cost Rebate Program

There is a significant switching cost to joining Stride. Users have to unstake their tokens to deposit with Stride, meaning they will miss out on staking rewards during the unstaking period. To make it easy for users to liquid stake with Stride, they are given STRD through the Switching Cost Rebate Program to help compensate for missed staking rewards. A total of 725,000 STRD has been earmarked for the Rebate Program.

Here’s how it works, using ATOM as an example. The Rebate Program works on a monthly basis, according to calendar months. Each month, Stride records the addresses that deposit ATOM with Stride and the amount they deposit. All addresses that deposit with Stride in a given calendar month are indexed at the start of the month and the end of the month. If the amount of staked ATOM in an address falls over the course of the month and the address deposits ATOM with Stride, it will be assumed that the ATOM deposited with Stride was unstaked for the purpose of liquid staking. This amount is eligible for the Rebate Program. 

To be clear, the amount of ATOM staked with Stride in a given month by a given address is eligible for the Rebate Program up to a maximum of the amount of ATOM that was observed to be unstaked by that address in that month. So far in this article, ATOM has been used as an example, but the Rebate Program applies to all tokens supported by Stride.

If an address is eligible for the Rebate Program, it receives a dollar amount of STRD approximating the dollar amount of the staking rewards that it missed by unstaking in order to liquid stake with Stride. Once claimed, this amount of STRD is liquid and does not vest.   

The first claims for the Rebate Program will be available at the end of October.

Airdrop Category 3: Testnet Rewards

Stride held an incentivized testnet and bug bounty in the summer of 2022, for which there were 500,000 STRD worth of incentives.

In order to properly distribute this amount, eligible users from the Stride Discord community will be asked to link their Discord usernames to their Stride blockchain addresses. Once that has been done, these addresses will be able to claim their STRD. Testnet incentives and bug bounty rewards vest linearly over three months.



The goal of these airdrops is to distribute STRD to the communities Stride serves and create an active and engaged set of STRD token-holders. Ultimately, this helps decentralize Stride.