According to CoinDesk, Stride, a Cosmos-based liquidity staking protocol, plans to transition from the existing STRD token model to Cosmos’ Interchain Security (ICS) system backed by ATOM tokens. Stride contributor Ian Unsworth said, “The transition happened. At block height 4616678, expected to be between 1:00 and 5:30 on July 20. Stride said the transition to ICS would increase Stride's economic security from approximately $25 million to $2.3 billion, enabling liquidity The staking protocol is more resistant to hacking attacks. After the transition, Stride will be secured by staked ATOMs instead of STRD tokens, and Cosmos' validator set will take over block production from the existing Stride validator set, and STRD will remain the Stride blockchain governance tokens.