Convert entire STRD supply to ATOM

Hub Proposals
39

Thank you to the Stride team for your vision and generosity! This has many benefits
Most people only care about what happens to their Bags and not the future of the Cosmos ecosystem, but clearly this will provide the ecosystem with a way to reduce chain operating costs.

  1. To Cosmos: LSD is a system service and middleware of the chain itself, and may take over the ecology, just like the problem faced by Lido in ETH, so ATOM acquires Stride and then provides a kind of Public goods to maintain neutrality. Orthodoxy, the acquisition of Stride and the acquisition of Osmosis are completely different things. Osmosis is not a middleware service of the chain itself. LSD and LSM are a type of product. They should be merged and then turned into Public goods SDK.
  2. To Stride: With the legitimacy of Public goods SDK, LSM+Stride LSD+Communty Pool will be a good idea to solve the problem. LSD Pool will have excellent depth without any additional incentives. This idea is to reduce the operating costs of the chain. The Cosmos ecosystem is Appchain, which brings power but also costs. Therefore, this kind of service is an excellent public product like ICS.
  3. To Atom: There is no one more suitable than Atom to provide the service of this chain itself, and it will also increase the value capture of Atom.

Now let’s talk about the Bag issues that the community is concerned about:

  1. To Stride: It can be based on cash + time-limited bond interest: for example, paying a part of Atom, and additional LSD income bond Token. I believe that there can be a price that the community and VC are generally satisfied with;
  2. To ATOM: The current tax on the community pool is 10%. A special increase will be made. Within a certain period of time, the community pool will increase to 25% to make up for the expenditure of the community pool.
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