Stratis Research Hub | STRAX information, history and analysis
Stratis is a Blockchain-as-a-service (BaaS) platform designed to help businesses of all sizes set up specific, private Blockchain applications easily, without the need to know much about blockchain programming. Stratis offers several products and services for businesses, including launching private sidechains, running full nodes, developing and deploying smart contracts, building ICO platforms, digital wallets, and more identity verification applications.
Stratis’ solution simplifies business operations and allows these organizations to develop their blockchain applications easily and quickly with no input costs. In addition to building the platform, Stratis also provides businesses with consulting services on blockchain technology, smart contracts, and decentralized applications.
Stratis token (STRAX) is a utility token of the Stratis ecosystem, operating on the Ethereum platform according to ERC20 standards and used for the following purposes:
- Used as a means of payment for activities, services, and products within the network.
- Used to pay transaction fees within the network.
- Used to reward stakeholders for ensuring the security and speed of the network.
Stratis launches $1 million EVM Dapp Incentive Program for developers
The incentive program aims to attract developers and protocols to build and deploy decentralized applications (DApps) on the Stratis platform, further expanding its ecosystem.
Stratis announces their plans for StratisEVM, STRAX rises 37.24%
As a result of the above news, STRAX has surged by 37.24% in the last 24 hours.
At the broader time frame, this asset has officially hit the growth of 55.2% after 1 week and 121.53% after 1 month.
STRAX rises 105.65% after 24h
After many days fluctuating between $0.399791 and $0.50049, STRAX, the utility token of the Stratis ecosystem, recorded a positive signal and rose again.
STRAX has gained 105.65% in the last 24 hours to $0.985905, the highest level since May 5th. However, with the ATH of $4.57, many investors still have high expectations for the potential breakthrough of this token.
Introducing the OPDEX governance token
Stratis announced that ODX, the Opdex governance token powering DeFi staking, liquidity mining, will be released next month.
ODX is the token deployed on the Cirrus sidechain of Stratis managed and distributed by an autonomous governance protocol through liquidity mining and vault certificates. ODX is used for staking in enabled liquidity pools to vote for liquidity mining and collect partial transaction fees to offset risks and gas costs of using the protocol.
The first decentralised exchange protocol on Stratis is on testnet
OPDEX allows for trustless token swaps, liquidity providing, mining and staking in a non-custodial and gas efficient manner.