Based on the latest announcement from the Binance exchange – where ONUS takes liquidity for Stratis (STRAX), this project will convert old STRAX tokens to new STRAX tokens. All old STRAX tokens will be converted to new STRAX tokens at a ratio of 1:10 (1 old STRAX = 10 new STRAX).
To aid in this conversion, starting from 03:00 (UTC) on March 20, 2024, ONUS will halt all trading in STRAX, including Off-chain transactions and Trade.
Maintenance time: From 03:00 on March 20, 2024 to 08:00 on March 28, 2024 (UTC).
At 08:00 on March 28, 2024, full functionality for STRAX assets will be restored when the maintenance progress is completed.
About Stratis and STRAX Token
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 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.