Stride’s integration with Penumbra is now live, bringing the first-ever private liquid staking experience to the Cosmos ecosystem. Users can now shield, move, and trade liquid staked assets like stATOM, stTIA, and STRD, all with full privacy. This marks a fundamental shift in how liquid staking works. Until now, staking has always happened in fully public, trackable blockchains. With this integration, users can trade staked assets without revealing orders, and move staked assets across chains without exposing holdings in the Penumbra network. No public ledgers, no MEV attacks, no front-running, just seamless, shielded liquidity.

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Liquid staking has traditionally allowed users to stake assets while keeping them liquid. However, until now, these positions have been entirely public. This meant anyone could track balances, transactions, and trading activity. With Stride’s integration into the Penumbra network, this unlocks a whole new level of privacy for users.

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Here’s what it unlocks for users:

Shielded staked assets:
Users can bring their liquid staked assets (stATOM, stTIA, STRD) into Penumbra and shield it. This means users can hold their assets in privacy without exposure to external monitoring.

Private trading:
Liquid staked assets can now be swapped on Penumbra’s fully private, end-to-end encrypted DEX. Users can trade without revealing order flow, thus eliminating risks like front-running and MEV extraction.

Private transfers:
Staked assets can also now privately move between Cosmos chains without exposing transaction history. Users can do so by bridging assets into Penumbra using an ephemeral address and bridging out to an unidentifiable wallet address. Thus, users can keep their financial activity private.

This integration marks a fundamental shift in how staking, liquidity, and privacy work together. Until now, participating in DeFi meant users having to give up their data and privacy, but Penumbra now offers users another path.

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The future of liquid staking is private.

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Move your liquid staked assets into Penumbra today and experience the first-ever fully shielded liquid staking experience. Start here: https://praxwallet.com/