The Stratis team is thrilled to announce the launch of the Stratis Ambassador Programme! This new initiative aims to reward the efforts of passionate and knowledgeable community members, to help spread awareness of Stratis, and the potential of blockchain technologies.
Criteria for Ambassadors
This programme seeks individuals who:
A great team worker, but also able to work independently.
Are active members of the Stratis Discord Community.
Demonstrable communication abilities.
Have an understanding and enthusiasm for blockchain technology.
Maintain a social media presence across multiple platforms such as Twitter, Facebook, Telegram, etc.
Motivated to achieve results and fulfil specific programme objectives.
Responsibilities of Stratis Ambassadors
Ambassadors are expected to:
Collaboration – Partner with other ambassadors and influences within the blockchain space to enhance the visibility and impact of Stratis.
Content Creation – Produce professional and informative content, such as blog posts, videos, tutorials and infographics to educate the community beyond Stratis.
Event Participation – Represent Stratis at crypto-related events within your location, engaging with the wider blockchain community.
Promote Awareness – Publicize information highlighting the advantages and applications of Stratis projects to increase public engagement.
Support & Guidance – Offer support and direction to newcomers interested in exploring Stratis technologies.
Rewards for Participation
In recognition of your commitment and contributions, Stratis ambassadors will enjoy:
A limited-edition merchandise pack from Stratis.
Early access to upcoming products and features.
Exclusive access to alpha releases of games.
Monthly compensation in the $STRAX Token.
Potential direct employment opportunities with Stratis.
Special recognition within the Stratis community.
Become part of the Movement!
Those with a passion for Stratis and blockchain technology who meet the above criteria are encouraged to apply to become an official Stratis Ambassador. This is an opportunity to contribute to the spread of blockchain understanding and be a part of Stratis’ journey to the forefront of the blockchain space.
Apply now using the form below and take a significant step in joining a community dedicated to the innovation and growth of blockchain technology!
Stratis is thrilled to announce a significant milestone in the evolution of the Stratis Platform. As Stratis transitions into a new era of scalability and efficiency, Stratis is excited to unveil the upcoming deployment of a Layer-2 solution that leverages the advanced zkSync technology. This strategic move demonstrates Stratis’s commitment to providing the most effective and innovative blockchain solutions to users of the Stratis Platform.
Why zkSync?
zkSync represents the forefront of Layer-2 Solutions, offering unprecedented scalability, security, and throughput. By integrating zkSync into the Stratis Layer-1 Blockchain, Stratis can enhance the transaction throughput while reducing costs significantly, all without compromising on security. This ensures that Stratis remains a competitive, cutting-edge platform for developers and users alike.
The Layer-2 solution, powered by zkSync technology, is specifically designed to address the throughput limitations of traditional blockchain systems. By moving transactions off the main chain and onto a second layer, Stratis will be able to process thousands of transactions per second, far surpassing the capabilities of Layer-1 alone. This high throughput is a game-changer for blockchain gaming, enabling:
Instant Transactions: Gamers can expect almost instant in-game transactions, making gameplay smoother and more enjoyable. Whether buying items, trading assets, or executing complex in-game actions, Stratis’s Layer-2 ensures your gaming experience remains uninterrupted.
Reduced Costs: High throughput means lower costs. With Stratis’s Layer-2, transaction fees are significantly reduced, making it more feasible for gamers to engage in microtransactions and for developers to implement more sophisticated and interactive game features.
Scalability for Game Developers: For developers, Stratis’s Layer-2 solution opens up new possibilities for game design and monetization. High throughput allows for creating more complex and dynamic gaming environments, supporting a larger number of players and in-game transactions without compromising performance.
By integrating the zkSync technology, Stratis is not just enhancing transaction efficiency; they are also empowering the gaming community. Gamers will benefit from a frictionless and cost-effective gaming experience, while developers can harness the power of blockchain to create innovative and immersive games.
The Power of Type 4
One of the most exciting aspects of Stratis’s zkSync implementation is the adoption of the Type 4 prover. This cutting-edge technology stands out for several reasons:
Enhanced Privacy and Security: Type 4 provers utilize zero-knowledge proofs, offering superior privacy by enabling transaction validation without revealing any sensitive information. This level of security is paramount in today’s digital age.
Increased Efficiency: Compared to other types, Type 4 provers are more efficient, enabling faster transaction processing and lower gas fees. This means users can enjoy a smoother and more cost-effective experience on the Stratis platform.
Scalability: The Type 4 prover significantly enhances scalability, a critical factor as the Stratis ecosystem continues to grow. This ensures that the platform is able to handle increasing demand without sacrificing performance.
zkSync Success Stories
The adoption of zkSync technology is backed by success stories and statistics that genuinely validate its effectiveness. A prime example is the well-known NFT project, Pudgy Penguins. By leveraging zkSync for their transactions, Pudgy Penguins was able to enhance their platform’s performance and user experience significantly.
Before utilizing zkSync, Pudgy Penguins faced challenges common to many blockchain-based projects, such as slow transaction times and high gas fees, which impacted user engagement and overall experience. However, after adopting zkSync, they experienced a remarkable transformation, resulting in a $400M success story.
Our decision to integrate zkSync, particularly focusing on the Type 4 prover, is informed by these successes, ensuring that Stratis remains at the forefront of blockchain innovation.
Looking Ahead
The deployment of a Layer-2 solution is just the beginning of Stratis’s journey towards continuous improvement and innovation of its platform, highlighting its mission of continuous development to remain at the forefront of the blockchain space. In alignment with Stratis’s forward-thinking ethos, Stratis is focused on deepening its engagement with the zkSync ecosystem through a commitment to developing further tooling to advance its own platform and contribute to the broader zkSync ecosystem.
Moreover, the Stratis dApp Incentive Programme will place its focus towards projects that utilize zkSync technology. This strategic shift underscores Stratis’s intent to drive innovation and development within the zkSync landscape, offering substantial support to developers steering the future of decentralized applications. In parallel, Stratis Ventures, the platform’s dedicated arm for fostering the growth of standout startups, will prioritize projects employing zkSync technology. This initiative aims to harness the transformative potential of blockchain, artificial intelligence, and machine learning, mirroring the success stories within the blockchain ecosystem, such as the notable growth of decentralized trading protocols.
Stratis will also leverage existing tooling, such as the zkSync bridge, to ensure a seamless user experience for cross-chain transactions between the Stratis Layer-1 and Layer-2 platforms. This integration is designed to facilitate a more interconnected and user-friendly blockchain environment, enhancing the overall utility and accessibility of the Stratis platform.
Finally, the Layer-2 will serve as the foundation for Stratis’s regulated stablecoin project, GBPT, as issuing a regulatory-compliant stablecoin, pegged to the Great British Pound, remains one of Stratis’s core focuses.
Through these initiatives, Stratis is not just looking ahead but is actively shaping the future of blockchain technology. By embracing zkSync’s Layer-2 solutions, focusing on impactful projects, and enhancing cross-chain functionality, Stratis is demonstrating its commitment to delivering a robust, secure, efficient, and innovative blockchain ecosystem.
Keep in Touch!
The community is encouraged to stay engaged for more updates as Stratis continues to grow and explore new capabilities for their platform.
Today, we are thrilled to unveil Stratis Ventures, Stratis’s dedicated arm aimed at fostering the growth and advancement of stand-out startups. The ethos at Stratis is defined by a commitment to innovation, driving them to explore and engage with start-ups focused on cutting-edge technologies. Stratis Ventures represents Stratis’s venture into supporting and elevating startups specializing in Blockchain, Artificial Intelligence, and Machine Learning.
As Stratis Ventures launches, Stratis takes inspiration from the success stories within the blockchain ecosystem. For example. The journey of Uniswap, a decentralized trading protocol that started as an idea. With modest beginnings and limited initial funding, Uniswap dramatically transformed the landscape of decentralized finance, facilitating seamless token swaps and providing an open and accessible platform for liquidity providers and traders to utilize. The growth of Uniswap from a small project to one of the leading DeFi protocols within the Ethereum ecosystem highlights the potential that can be unlocked with innovative thought and strategic support.
Why Partner with Stratis Ventures?
Strategic Insights: Companies can tap into the wealth of knowledge and insight from Stratis’s experienced team to navigate the complexities of the market and drive their startups forward.
Capital Access: With Stratis Ventures, partners gain access to a strategic pool of resources and funding opportunities designed to maximize their venture’s growth and expansion
Mentorship and Support: Startups receive personalized guidance and robust support from Stratis’s network of industry professionals, aiding in overcoming obstacles and achieving strategic objectives.
Long-Term Partnerships: Stratis’s commitment extends beyond financial investment; Stratis aims to build lasting relationships with its portfolio companies, supporting them from inception through to market leadership and beyond.
Stratis Ventures Strategic Approach
A dedicated Stratis Venture’s representative will:
Network: Leverage Stratis’s extensive network, including investors, industry specialists, and innovators, to identify and engage with promising startups.
Conference and Events: Actively participate in industry gatherings, startup expos, and demo days to connect with emerging talents and entrepreneurial minds.
Incubators and Accelerators: Utilize strong ties with leading incubators and accelerators to discover startups poised for significant growth.
Referrals: Encourage introductions through their trusted network, ensuring they connect with startups that align with their strategic goals and values.
By combining these approaches, Stratis Ventures aims to identify and invest in early-stage startups that align with their investment philosophy and demonstrate the potential for substantial returns.
Are you interested?
Join us in shaping the future of technology. Submit your details below to discover how we can support your growth. Let’s start this innovative journey together.
The blockchain ecosystem is evolving, offering new opportunities for innovation across various sectors. Stratis is committed to accelerating this growth by supporting developers and protocols that are pushing the boundaries of what’s possible. Stratis is excited to announce the Stratis dApp Incentive Program, offering a $1,000,000 USD initiative designed to empower developers and teams to create and deploy transformative decentralized applications.
Categories and Examples
The dApp Incentive Programme is structured around two key categories, both highlighting areas of growth and innovation within the blockchain space. Here are categories and examples of projects that Stratis is seeking to support:
1. DeFi (Decentralized Finance)
Examples: Automated market makers (AMMs), lending platforms, yield farming protocols, liquid staking, and stablecoin projects. Inspired by success stories like MakerDAO, AAVE, and Compound on Ethereum, Stratis is looking for projects that can revolutionize finance with decentralization.
2. Infrastructure and Tools
Examples: Developer tooling, infrastructure projects, and scalability solutions that make blockchain more accessible and efficient. This includes Layer 2 solutions, wallets, and API services designed to enhance the Stratis EVM ecosystem.
Why build on Stratis?
Founded in 2016, Stratis has established itself as a pioneer in the blockchain space, developing a bespoke Microsoft-focused blockchain platform from the ground up, taking an industry-first approach to Smart Contract execution. At its peak, Stratis achieved a $2B market cap with over ~$800M TVL through their Proof-of-Stake algorithm.
In a strategic move, Stratis is now transitioning to an Ethereum-based ecosystem. This shift is not just a technological change but a pivotal change, aligning Stratis with the evolving demands of the blockchain space. By integrating with Ethereum’s mature and dynamic ecosystem, Stratis is set to expand its capabilities in interoperability, scalability, and ease of integration.
At the heart of Stratis is a commitment to the developer community. As a result of being present in the blockchain space since 2016, Stratis understands that the success of a platform is linked to the success of the developers who build upon it. That’s why they offer comprehensive support and a friendly community ready to assist. Whether you’re an experienced blockchain developer or new to the space, Stratis is designed to make your development process as smooth and efficient as possible.
In the constantly evolving realm of blockchain technology, Stratis has pledged to stay at the cutting edge of innovation. Motivated by their strategic move to implement an EVM-based blockchain, Stratis aligns itself with the broader Ethereum community’s ongoing development and innovation. Additionally, Stratis concentrates on pioneering internal solutions, such as their turnkey stablecoin offering.
Joining Stratis means becoming part of a vibrant ecosystem passionate about blockchain’s potential to drive real-world change.
Getting Started
You do not need to apply to get started! Simply begin developing your solution and submit it via the application form. All projects that apply will be evaluated by the team at Stratis for prize eligibility. The evaluation will primarily be based on the following:
Speed: How fast the project was developed overall.
Quality of execution: The quality of the completed work.
Innovation: How innovative the project is.
Value: The value the project brings to Stratis
The Stratis dApp Incentive Programme is your gateway to contributing to the blockchain revolution. With $1,000,000 USD in funding and a vibrant community, Stratis is here to help turn your visionary projects into reality. Join the Stratis community in building the future of decentralized applications and take advantage of this unique opportunity to make an impact.
Be Involved!
Connect with like-minded individuals, get your questions answered by our team, and stay updated on the latest developments and opportunities. Our Discord community is a vibrant space for collaboration, learning, and sharing insights about the future of blockchain technology.
Join our Discord server today and take your first step towards building the future with Stratis!
The STRAX token is more than just a cryptocurrency; it’s the fuel for the Stratis Platform. In celebration of the Stratis Auroria Testnet launch, Stratis is offering two campaigns offering participants a share of a 1,000,000 STRAX prize pool.
This blog will focus on what you need to do to be eligible for the Stratis Auroria Masternode dApp Campaign. The Stratis Auroria Masternode dApp Campaign rewards those who interact with the Stratis Masternode dApp on the Auroria Network. Here’s what you can take away from the participating in the campaign:
Empowered Through Education
Learn more about Masternodes, blockchain technology, and how you can play a part in decentralization. Although this is taking place on the Auroria Testnet, the same steps can be followed once StratisEVM launches on the 21st of March, 2024!
Engage with the Community
The Stratis community is a vibrant ecosystem of blockchain enthusiasts, developers, and innovators. Engaging with the Stratis community through social media(s) and the official Discord Server can enhance your experience and provide valuable insight into what’s to come for Stratis and its journey with StratisEVM.
Your Airdrop Checklist
Becoming eligible for the airdrop is easy; just follow the below steps:
Connect your MetaMask wallet by clicking Connect Wallet in the top-right corner
Click Register and confirm the transaction in MetaMask.
By completing the above steps, you will be eligible for the airdrop that is scheduled to take place in May 2024 on the StratisEVM Mainnet. Please note, after registration, do not start the withdrawal process, if you withdraw during the campaign period you may not be eligible.
Security First
Remember, the crypto world can be tricky. Even though these actions are on a test network, you should never share your private keys and only follow instructions from official Stratis sources.
The STRAX token is more than just a cryptocurrency; it’s the fuel for the Stratis Platform. In celebration of the Stratis Auroria Testnet launch, Stratis is offering two campaigns offering participants a share of a 1,000,000 STRAX (StratisEVM) prize pool.
This blog will focus on what you need to do to be eligible for the Stratis Auroria Staking Campaign. The Stratis Auroria Staking Campaign is more than just a reward program, it’s designed to expand our community and familiarize users with our platform. Here’s what you can take away from participating in the campaign:
Understand the Testnet
The Auroria Testnet represents a sandbox environment where developers and users can experiment with Stratis blockchain features without risking real assets.
Set Up for Staking
To participate in the staking campaign, you’ll need to send STRAX to the Staking Deposit Contract and operate an execution node, a consensus node and a validator.
Active Participation
Staking isn’t just about holding tokens; it’s about actively participating in the network. Ensure your staking setup is online and operational to support the testnet, maximizing your chances to earn rewards.
Engage with the Community
The Stratis community is a vibrant ecosystem of blockchain enthusiasts, developers, and innovators. Engaging with the Stratis community through social media(s) and the official Discord Server can enhance your experience and provide valuable insight into what’s to come for Stratis and its journey with StratisEVM.
Your Airdrop Checklist
Becoming eligible for the airdrop is easy; just follow the below steps:
Progress through the steps to set up a validator and stake on the Stratis Auroria Testnet.
Keep your Validator active for a minimum of 1 week to be eligible for the airdrop.
By completing the above steps, you will be eligible for the airdrop that is scheduled to take place in May 2024 on the StratisEVM Mainnet.
Security First
Remember, the crypto world can be tricky. Even though these actions are on a test network, you should never share your private keys and only follow instructions from official Stratis sources.
As Stratis continues to make strides in the blockchain realm, it now enters a new era with the launch of the Stratis Auroria Testnet. This significant milestone not only showcases Stratis’s commitment to establishing itself within the Ethereum ecosystem but also sets the stage for an expansive campaign designed to grow and reward members of the Stratis community.
With a substantial prize pool of 1,000,000 STRAX Tokens (StratisEVM) to be claimed, the launch of the Stratis Auroria Testnet is not just an ordinary launch but a celebration of Stratis embarking on its journey into StratisEVM.
Participate with Galxe.com
To celebrate this occasion, Stratis has leveraged the Galxe platform to create a campaign consisting of seven tasks to explore Stratis and get involved with the ecosystem. From interacting with the Masternode dApp, utilizing the Stratis Auroria Faucet, engaging with Stratis’ social media and joining the rapidly growing Discord Server, each quest offers an insight into the innovation and community spirit that drives Stratis.
This campaign is an open invitation for both seasoned blockchain experts and those new to the space to connect, engage and grow with Stratis.
Airdrops, Airdrops, Airdrops
In conjunction with the prize pool available to participants of the Galxe campaign, all participants who successfully complete the seven tasks will be eligible for a 500,000 STRAX airdrop on StratisEVM in May 2024.
No additional tasks are required to become eligible for the airdrop; simply complete all of the quests on the Galxe campaign and await the airdrop of new STRAX Tokens to your address in May 2024!
As part of this campaign, Stratis is also offering an opportunity to earn rewards through staking on the Stratis Auroria Testnet. Participants who stake for a minimum of one week will be eligible to a share of an additional pool of 500,000 STRAX tokens. This initiative is designed to further familiarize users how they can secure and optimize the mainnet at launch, highlighting the critical role community participation plays in the success and stability of the Stratis ecosystem. Similarily to the Galxe campaign, the airdrop to eligible participants will take place in May 2024 on the StratisEVM mainnet!
How do I take part?
Joining the celebration and seizing the opportunity to earn rewards is straightforward:
Engage with the Quests: From social media interactions, on-chain actions and Discord engagement, immerse yourself in the Stratis ecosystem.
Earn rewards: Complete all quests to maximize your reward potential.
Why Engage with Stratis and the Auroria Testnet?
The Auroria Testnet represents Stratis’s vision for a scalable, secure, and innovative blockchain future. By joining the campaign and the Stratis community, you’re not just earning rewards; you’re becoming part of the movement that’s shaping the future of Stratis. The Stratis community is the foundation of its success, driving innovation and unlocking endless possibilities.
Connect, Engage and Achieve with Stratis
Stratis looks forward to welcoming you into its community, ready to explore the potential within the Stratis ecosystem together. Follow Stratis on social media, join the Discord server, and stay updated with the latest on the Auroria Testnet and beyond.
Upcoming Ambassador Program
As we advance with the launch of the Auroria Testnet and the success of our Galxe campaign, Stratis is excited to announce that we will be launching an Ambassador Program in the coming weeks. This new initiative will offer passionate community members the opportunity to become key contributors to the Stratis ecosystem, helping to drive awareness, engagement, and adoption. Stay tuned for more details on how you can join this program and play a crucial role in shaping the future of Stratis alongside us.
Stratis is thrilled to announce the upcoming launch of the first Stratis testnet named Auroria. The Auroria network is a public test network that mimics the properties of the upcoming mainnet that will be launched in March; more information regarding the mainnet launch can be found here: https://www.stratisplatform.com/2024/01/19/revised-token-schedule/
The Auroria network will be launched along with a series of quests on the 6th February 2024. An additional blog will detail how you can become involved and participate in quests to earn rewards.
Introducing Quests
In celebration of the launch, Stratis will be introducing a series of quests that consist of unique challenges that allow you to familiarise yourself with the new platform. The quests will range from basic social tasks to more involved activities such as sending tokens, staking and registering with the masternode smart contract. Each quest will be designed to be both fun and educational, providing hands-on experience with Stratis’ new features and tools.
Earn Airdrops by Participating
What’s a quest without treasure? As you complete each quest, you will become eligible for airdrop rewards once the Stratis mainnet is launched. A total of 500,000 STRAX will be available for airdrop. These airdrops are Stratis’ way of thanking you for your participation and contribution to the ecosystem. Whether you’re a blockchain novice or a seasoned expert, these quests offer everyone a chance to earn while learning about the exciting new features of Stratis.
How to get tokens?
To support your journey through these quests, Stratis has implemented a faucet feature on the testnet. This tool will provide you with tSTRAX tokens, enabling you to complete tasks without the need for real assets. It’s an excellent way for newcomers to become familiar with blockchain transactions and interactions in a risk-free environment.
Join the Community
Stratis’ journey is fuelled by their ever-growing community. Stratis encourages you to engage with their community through our social channels. Share your experiences, make suggestions and collaborate on this exciting adventure. Your insights and feedback are invaluable as we continue to refine and enhance the new Stratis platform.
Founded in 2016, Stratis has established itself as a pioneer in the blockchain space, developing a bespoke Microsoft-focused blockchain platform from the ground up, taking an industry-first approach to Smart Contract execution. At its peak, Stratis achieved a $2B market cap with over ~$800M TVL through their Proof-of-Stake algorithm.
In a strategic move, Stratis is now transitioning to an Ethereum-based ecosystem. This shift is not just a technological change but a pivotal change, aligning Stratis with the evolving demands of the blockchain space. By integrating with Ethereum’s mature and dynamic ecosystem, Stratis is set to expand its capabilities in interoperability, scalability, and ease of integration.
Stratis’s commitment to excellence, innovation and its ever-growing community continues to be a driving force behind its initiatives. As Stratis enters this new era, it remains dedicated to pushing the boundaries with Blockchain technology, aligning itself with the latest trends and innovations within the space.
Stratis invites developers and enthusiasts to join in their exciting journey as Stratis continues to define the potential of blockchain technology.
As Stratis reaches the final stages of deploying the StratisEVM platform, there are some important updates regarding the token swap schedule and the impending launch of StratisEVM. While deployment is nearing completion, the Token Swap Schedule has had to be adjusted to align with the schedules of our exchange partners. This collaboration is essential to ensure a smooth and seamless transition for token holders, reducing the time between the snapshot and launch of the pairings for the new token, minimising any period of deposits and withdrawals being disabled on exchanges.
While revising the token swap schedule was not an action Stratis wanted to take, it is a necessary step to ensure the support of leading exchanges. These collaborations are essential for the successful launch and long-term stability of StratisEVM. Stratis understands the impact of these changes on our community and is committed to making this transition as smooth and beneficial as possible for everyone involved.
Key Updates to the Token Swap Schedule
Extended On-Chain Token Swaps
To accommodate these changes and provide our community with ample opportunity to prepare, we are extending the deadline for on-chain token swaps to 6 PM GMT on the 20th March 2024.
Snapshot Time Adjustment
The snapshot time will now be at 6 PM GMT on the 20th March 2024.
StratisEVM Launch Date
The launch of StratisEVM is now scheduled for 21st March 2024.
Stratis wants to thank those who have already participated in the swap process with the premise of a deadline on the 31st of January. To acknowledge your support and offset any potential loss of staking rewards, Stratis will airdrop a number of additional tokens to all those who have performed the swap prior to this blog post to cover any potentially lost staking rewards.
This will be automatically handled by the team at Stratis, there is no further action required for those who have already swapped.
Introducing the Swap Portal
To enhance transparency and provide token holders with confirmation of their swap, Stratis is excited to announce the upcoming launch of the Swap Portal. This portal will serve as a platform where users can:
Verify their participation in the Token Swap
Check the number of tokens they will receive post-swap
The portal is designed to give token holders peace of mind and clarity throughout this transition period. Stratis will provide further details on the launch date of the Swap Portal in an upcoming blog.
This new date marks a significant milestone for Stratis, signalling a new chapter filled with immense potential and opportunities for our platform and community.
As Stratis embarks on a pivotal phase of their journey, the Stratis team is excited to announce the commencement of the Token Swap process. This crucial step marks the transition from the STRAX Blockchain to the new Ethereum-based StratisEVM ecosystem. This blog post will provide comprehensive instructions and essential information to navigate the Token Swap seamlessly. Stratis’ focus is to ensure a smooth and successful transition for the community, highlighting the steps necessary to participate in the $STRAX Token Swap.
Token Swap Schedule
On-Chain Token Swaps
NOW until 6 PM GMT 20th March 2024 (These Tokens will be distributed on Day 1 of the StratisEVM Launch)
STRAX Snapshot Time
6 PM GMT 20th March 2024
StratisEVM Launch
21st March 2024
Off-Chain Token Swaps
28th March until 9 AM GMT 29th December 2024
Token Swap Guide
Step 1
Obtain Ethereum Account
You must obtain a compatible address to receive the new StratisEVM Token ($STRAX). There are a variety of wallets that will be supported by the upcoming STRAX Token; however, the initial focus will be placed on supporting MetaMask.
We strongly encourage using MetaMask for the Token Swap, as support for other Ethereum-based wallets cannot be guaranteed.
New to MetaMask?
If you’re new to MetaMask, you can follow the below steps to safely and securely.
Please pay special attention to the dos and don’ts of securing your MetaMask account.
Do
Write down your Secret Recovery Phrase somewhere safe. We can’t tell you precisely where, as that depends on your circumstances.
The importance of handwriting your Secret Recovery Phrase is that it cannot be stolen online. If you store it in a file in an internet-linked cloud storage folder, for example, it could theoretically be stolen.
Double-check your spelling and that you wrote down every word in the same order they were given.
Don’t
Keep it in an easily discovered or easily hacked location; e.g. in a cloud-saved document or email titled “Seed Phrase”; on a post-it note stuck to your computer.
Provide your seed phrase to anyone, even if they say they’re from MetaMask Support.
Change the order of the words.
Create a new MetaMask Account (Optional)
You can create a new account within your MetaMask to manage the new STRAX Token, or alternatively, you can use your existing account.
In addition to MetaMask, the Token Swap process accommodates users who prefer alternative wallet solutions. The chosen wallet must support custom RPC servers to ensure compatibility with the StratisEVM ecosystem. OneKey Wallet is an excellent example of such a wallet, offering the required functionality. This inclusivity ensures that everyone in the Stratis community can participate in the Token Swap, regardless of their preferred wallet.
Please perform your own research if you choose to use an alternative wallet.
Step 2
Obtain STRAX Wallet 1.7.0.0
STRAX Wallet 1.7.0.0 incorporates a new feature that enables the ability to participate in the StratisEVM Token Swap.
STRAX Wallet 1.7.0.0 is available for Windows, OS X and Linux operating systems. Installation files can be found here:
After installation of the STRAX Wallet, either open your existing wallet, restore using known secret words and passphrase, or, if you’re transferring from an exchange, create a new wallet to transfer your STRAX Tokens to
Once you have accessed the wallet, you will notice a Token Swap button.
Step 3
Perform Token Swap
Complete the relevant fields on the Token Swap screen, copying your new Ethereum account into the StratisEVM Address field.
The Ethereum Account can be copied from MetaMask by clicking the condensed address at the top of your MetaMask app, as seen below:
If you agree to the terms and conditions of the Token Swap, select the checkbox to enable the ‘SWAP’ button.
Upon clicking the SWAP button, all tokens will be sent a burn token address, rendering your STRAX Tokens unusable. The amount of burnt STRAX Tokens will be multiplied by ten and credited to the provided StratisEVM Address in STRAX Tokens.
Participation Windows
There will be two participation windows for performing the Token Swap:
Option A
On-Chain Burn
Participation Window: NOW until 6 PM GMT 20th March 2024
Option B
Off-Chain Proofing Tool
Participation Window: 28th March until 9 AM GMT 29th December 2024
Initially, you can perform the Token Swap via an on-chain burn mechanism. This will irreversibly burn your existing STRAX Tokens with a record of your new StratisEVM account. The StratisEVM On-Chain Token Swap window will begin from NOW until 6 PM GMT 20th March 2024. At 6 PM GMT 20th March 2024, a snapshot of the STRAX Blockchain will be utilized as the final point of truth for any future Token Swaps.
A “Proofing” tool will be available after the on-chain token swap period ends. The proofing tool enables STRAX Token Holders to create cryptographic proofs of their private keys and define a destination address for the Token Swap. The participation window for the token swap will close at 9 AM GMT on the 29th of December, 2024.
Important Considerations
The Token Swap functionality is only made possible through the Stratis Wallet 1.7.0.0. To perform the token swap via an on-chain burn, you must send STRAX tokens to the STRAX Wallet 1.7.0.0 and perform the Token Swap transaction.
Tokens are immediately burned when performing the on-chain Token Swap (Option A) transaction. This is irreversible. Please ensure that the StratisEVM Address is correct and that you have a safe record of your Secret Words and passphrases.
The distribution of STRAX Tokens for those who burned tokens via Option A (On-Chain Burn) will occur on Day 1 of the StratisEVM Launch.
Token Swaps that have been performed via Option B (Off-chain Proofing Tool) will be subject to a schedule and will not be immediately available at StratisEVM Launch.
The launch of the StratisEVM Network is scheduled for 21st March 2024.
Exchange Support
We are happy to announce that the Token Swap will be supported by the majority of exchanges currently supporting the STRAX Token. Announcements from the respective exchanges that are supporting the Token Swap will become available in due course, highlighting any deposit and withdrawal freezes of the STRAX Token.
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