Investment
Features
FeesSafety
Academy
More
Pluang+

Stride plans orderly blockchain shutdown, pausing stToken redemptions after Oct 12

Protocol Fundamentals
29 Sep 2026
Tokenpost
View Source
Neutral
Stride plans orderly blockchain shutdown, pausing stToken redemptions after Oct 12

Stride, a blockchain protocol in the Cosmos ecosystem, is proposing an orderly shutdown of its blockchain. Under the plan, redemptions of its liquid-staking tokens (stTokens) will pause after October 12 while the underlying assets are unbonded. Redemptions will remain available on Stride until October 12 and are expected to resume on the Osmosis platform around November 20. Users’ stTokens will not expire during this transition, ensuring token holders retain their value despite the pause in redemptions.

Stride's proposal to orderly shut down its Cosmos blockchain is the subject here. For readers following the broader cryptocurrency market, here is Pluang's snapshot as of Sep 30, 2026 05:41 WIB: Out of 50 major cryptocurrencies priced on Pluang, 36 rose and 13 fell today. Notable movers include SNX at Rp4.591 with a 5.30% increase and a Pluang order activity of 1% Sell / 99% Buy, KSM at Rp86.022 up 5.09% with 94% Sell / 6% Buy, and COMP at Rp439.668 rising 3.98% with 49% Sell / 51% Buy.

More News

Abracadabra plans to liquidate after MIM loses peg and faces $21M shortfall

Abracadabra plans to liquidate after MIM loses peg and faces $21M shortfall

Abracadabra's community has proposed liquidating the protocol following repeated attacks that left its Magic Internet Money (MIM) token severely undercollateralized and unable to regain its peg. The current collateral backing MIM is estimated at $900...

Market News
Bearish
4 hours ago
Cosmos Labs enables 24/7 cross-border payments by linking banks' ledgers with Swift's blockchain ledger.

Cosmos Labs enables 24/7 cross-border payments by linking banks' ledgers with Swift's blockchain ledger.

Cosmos Labs has developed a Tokenization Suite that connects banks' existing core ledgers and tokenized-deposit systems with Swift's blockchain-based shared ledger. This integration allows financial institutions to offer 24/7 cross-border payments wi...

Protocol Fundamentals
Bullish
4 hours ago
Abracadabra proposes liquidation, MIM holders face 96% loss recovery if approved

Abracadabra proposes liquidation, MIM holders face 96% loss recovery if approved

Abracadabra has proposed liquidating its decentralized lending protocol, which would result in MIM stablecoin holders recovering only about 4 cents per dollar of debt, reflecting a 96% loss. The proposal estimates recovering $900,000 in assets agains...

Market News
Bearish
4 hours ago
Abracadabra DAO votes to shut down lending protocol after $21M bad debt undercollateralizes MIM stablecoin

Abracadabra DAO votes to shut down lending protocol after $21M bad debt undercollateralizes MIM stablecoin

Abracadabra DAO is voting on a proposal to close its lending protocol and liquidate the Magic Internet Money (MIM) stablecoin due to $21 million in bad debt causing severe undercollateralization. The stablecoin's backing is now worth less than 4 cent...

Protocol Fundamentals
Bearish
4 hours ago
China warns EU of firm response if trade restrictions are imposed amid ongoing talks

China warns EU of firm response if trade restrictions are imposed amid ongoing talks

China's commerce ministry has warned the European Union that it will respond firmly if the EU imposes restrictions on Chinese businesses or products. This warning comes ahead of high-level trade talks scheduled in Beijing next week, as Europe aims to...

Market News
Bearish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App