According to BlockBeats news on August 6, the Cosmos ecosystem liquidity staking protocol Stride announced that it has reached a settlement with Cosmos, as Cosmos has decided to no longer advance its EVM. Stride has settled its debts and will explore a new revenue product line outside of Cosmos, and will share the latest developments once the product line matures.
The liquidity staking on Stride will continue to operate as usual, and the income from liquidity staking will continue to be used to buy and burn STRD.