[Stride Chain to Cease Operations, stToken to Migrate to Osmosis for Redemption] Odaily Planet Daily News: The Cosmos ecosystem liquid staking protocol Stride has announced plans to orderly cease operations of the Stride chain. Users can redeem stTokens via Stride before October 12, after which the redemption function will be suspended. Once the underlying staked assets are unlocked, a redemption pool is expected to go live on Osmosis around November 20. stTokens will not expire, and users do not need to take any action before the migration. stTokens deployed on other chains do not need to be bridged back to Stride. stATOM, stOSMO, and other stTokens, along with their corresponding underlying assets, will migrate to Osmosis' Transmuter pool and be exchanged at a fixed redemption ratio. After the migration is complete, reward accumulation will cease. Stride stated that the financial reserves of Stride Labs and the Stride Association are limited and, at the current rate of expenditure, are expected to be depleted by February 2027.