Modular Money Expansion: stTIA on Eclipse

Feb 14, 2024

· 2 min read

stTIA on Eclipse ⏩ connected by Hyperlane

We’re excited to announce that TIA and stTIA will be live on Eclipse, right at launch. The Stride chain is the routing hub for modular money, and Eclipse is the first of many rollups that will get their TIA and stTIA from Stride. stTIA has quickly become the dominant Celestia liquid staking token, and it’s only continuing to expand

Stride is currently in the process of adding Hyperlane. Hyperlane is a permissionless interoperability protocol for the modular ecosystem - in other words, a bridge for rollups. Because Hyperlane is permissionless, it’s fast to deploy, which means TIA and stTIA can be bridged from Stride to Eclipse as soon as Hyperlane is deployed on both chains. Stride is an excellent bridging provider: it’s neutral, so will never compete with Eclipse; it has high uptime, so the bridging UX for users will be smooth and reliable.

Eclipse is Ethereum’s first SVM L2, and it uses Celestia underneath for data availability. It’s positioned at the intersection of crypto’s most exciting ecosystems - Celestia, Ethereum, and Solana. Users from each ecosystem will soon have access to TIA and stTIA inside the defi-optimized SVM. 

And of course, Stride will be extending the ongoing STRD airdrop eligibility criteria to include stTIA holders on Eclipse. Eclipse might even have some extra incentives of their own for stTIA holders there as well…

What’s next

In the next few weeks, Stride contributors will deploy the Hyperlane contracts on the Stride chain. Once Hyperlane is live on Stride and Eclipse mainnet, a warp route to bridge tokens will be created, along with a bridging UI. When the warp route is created, ISMs (interchain security modules) will specify the parties that secure the Stride side of the bridge - including slashable Stride governors.

Permissionless deployment is powerful, and it will lead to an explosion of organic activity. For example, Uniswap’s incredible success has largely been driven by its permissionless nature - anyone can create a pool for two tokens. We see similar promise in Hyperlane. In a world with 1000s of rollups, bridges must be permissionless and fast for anyone to deploy.

Hyperlane is already deployed on all of the big L2s - Arbitrum, Optimism, Base, etc., and will be live on Eclipse at mainnet launch. We’re thrilled that Eclipse will be the first rollup in the modular ecosystem connected to Stride - the first of many.

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