Sride: The liquidity pledge will continue to operate normally and explore product lines beyond the Cosmos ecosystem

According to Foresight News, Sride, the Cosmos Ecological Liquidity Pledge Protocol, tweeted that Cosmos has decided not to proceed with its Ethereum Virtual Machine (EVM) project and has reached a settlement through negotiation. We have fulfilled our relevant obligations and secured more abundant financial reserves for the company (extending the operating cycle). The liquidity pledge service on Stride is still operating as usual. The proceeds generated from the liquidity pledge will continue to be used for repurchasing and destroying STRD tokens. Sride will use the entire month of August to explore product lines outside of the Cosmos ecosystem that can create new sources of revenue for Stride