Stride has decided to temporarily suspend the plan to convert STRD to ATOM

ChainCatcher news, the Stride team posted on social media: "After a week of public discussion, the Cosmos Hub and Stride communities have decided to pause the conversion of STRD to ATOM. This can be seen as a suspension, but not a complete abandonment."

Previously, the Cosmos ecosystem liquid staking protocol Stride released a proposal that is still in the conceptual stage, which aims to convert all Stride tokens (STRD) to ATOM, with ATOM serving as the sole governance token and eligible for all rewards from the Stride protocol.