How to Stake Atom stAtom on Osmosis with Stride and Earn 35% APR

Cosmos is described as an Internet of Blockchains. The main purpose is to enable the communication between different blockchains. The link between all the blockchain network zones is the Cosmos Hub, where main tokens are ATOMs and PHOTONs. ATOMS acts as the staking and governance coin, whereas Photon is needed to pay for transaction fees. Cosmos is using the Tendermint consensus, which is a proof-of-stake algorithm. Here are the primary Cosmos based blockchain such BNB, Thorchain, Cronos. There are over 263 other cosmos based blockchains according to cosmos.network/ecosystem/apps. Cosmos use Tendermint concenses mechanism. Cosmos blockchain is designed based on future is going to multi-chain. Where it allows for multiple chains can be linked and individual Cosmos blockchains can be linked using Inter Blockchain Comunication (IBC) system.

Buying Bitcoin without Fees Use Robinhood Crypto account to buy Bitcoin without any fees from Robinhood. Robinhood provides buying Bitcoin and many other cryptocurrencies sush as Solana (SOL), Polygon(MATIC), Shiba Inu (SHIB), Ethereum Classic(ETC), Uniswap(UNI), Chainlink(LINK), Compound(COMP), Ethereum (ETH), Cardano (ADA), Dogecoin (DOGE), Avalaunche (AVAX), Litecoin (LTC), Stellar (XLM), Bitcoin Cash (BCH), and Bitcoin SV (BSV).

How to Buy ATOM from Centralized Exchange I used Huobi Global to Buy Cosmos (Atom) tokens. I send my Bitcoin I bought from Robinhood into Huobi Global. After my Bitcoin deposited with 50 block confirmations, it will show up on Huobi Global deposit side funds. I used this funds to buy Atom tokens. Huobi Global is one of those exchanges that charges very low fees for buying and selling. I will provide a link if you do not have a account with Huobi Global. I bought my ATOM tokens with USDT that I had in my account. As of shooting this video 1 ATOM token is worth $14.

Setting up Defi Wallet for Atom with Keplr Web 2.0 Wallet Go to the official Keplr website at https://www.keplr.app/. Click on download. This will take you to Keplr wallet installation page. There select Chrome. I am using Chrome browser extension. Keplr browser extension has over 500,000 downloads. Keplr browser extension support Chrome and Firefox. There is also iOS and android Mobile app for Keplr wallet. Keplr wallet is very well designed wallet. Very fast response compare to Metamask. I clicked on Chrome to get the official Chrome Extension for Keplr. Remember ONLY install the official Keplr wallet.

Using Stride to stake Atom to Claim stAtom Any staking Atom has 21 day lock up periods. Stake your ATOM tokens in exchange for stATOM which you can deploy around the ecosystem. You can liquid stake half of your balance, if you're going to deposit as Liquidity Provider tokens (LP). In my Keplr wallet, I saw gas option of 0 ATOM. I am assuming this is because as of shooting this video we are in a bear cycle and not much transactions are happending and there is 0 gas fee option. Just like in Fantom Chain there are 1 Gwei transactions happending right now.

Staking stATOM- ATOM on Osmosis Before you can deposit ATOM onto Osmosis, you have to go to Assets tab on app.osmosis.zone/assets. Connect your Keplr wallet with Atom tokens on it. Deposit your ATOM tokens into Osmosis with very small ATOM gas fee of 0.002 ATOM. After, I deposited ATOM tokens into Osmosis, then I picked Pool #803 : ATOM / stATOM. It has 9.4 million TVL as pool liquidity.

Risk and Rewards on Atom Staking on Osmosis Osmosis is the Uniswap of Cosmos blockchain. It is well audited famous DEX on Cosmos blockchain. That does not mean it can be exploited for bad actors for smart contract vulnerabilities. It does not have a defisafety score. I am planning on holding Cosmos for the long term. According to dexmos.app for stATOM-ATOM liquidity provider pool, it has bonding APR of 98% for TVL of 9.2 Million with total return of 34%. This is a risk I am willing to take to grow my ATOM holdings. In the Dexmos app, Internal is how much is paid out in internal OSMO gauges (chosen by Osmosis governance) paid in OSMO.

If you enjoy this Osmosis Cosmos single sided staking at 94% APR video, please subscribe and hit the like button show some love. Happy crypto.

Time Stamp: 00:00 Introduction to Cosmos and Cosmos Ecosystem 01:13 What is Osmosis Dex 01:56 Buy BTC free from Robinhood 03:25 Buy Cosmos (Atom) Huobi Global Centralized Exchange 04:23 Cosmos (Atom) Keplr Wallet Setup 05:53 Cosmos (Atom) Staking on Stride for stAtom 06:35 Osmosis Liquid Provider Atom-StAtom 08:27 Cosmos (Atom) Staking Risk and Rewards with Dexmos Tool

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