In October 2020, Stratis initiated a token swap process for STRAT holders to exchange their tokens for STRAX at a one-to-one ratio. The Stratis IoT SDK will contain libraries that simplify building applications interacting with Stratis Technologies to manage devices and security—providing an ability to interconnect IoT devices to Stratis Blockchain Technology through an ultra-lightweight client. Out Now Our Q1 2021 Crypto Report is fresh off the press! The introduction of decentralized, secure and reliable Oracle Service will provide a collection of ever-growing external data points that can be used to build applications for any use-case. As blockchain use cases such as digital securities, lending platforms, and more take off, companies are finding the need for increased flexibility in their … We realize that the landscape within blockchain technology is rapidly changing, creating a need for re-alignment of priorities and apparent business adoption. This alteration to the block reward, coupled with the sidechain incentivization provides a necessary revamp to the Stratis tokenomic design. For further technical support on the swap procedure, you can join our support channel on Discord at https://discord.com/invite/9tDyfZs where we have personnel standing by to assist you. As explained on the Stratis website, the STRAT blockchain will be replaced and a new STRAX blockchain will be launched. The Foundation allocation relates to tokens that will be utilized to fund the continued development of the Stratis Platform and contribute towards future business development to accelerate the growth of the platform. Coin Swap. Iain McCain, https://www.stratisplatform.com/2020/10/15/strax-token-swap/, https://github.com/stratisproject/StratisFullNode/blob/master/src/SwapExtractionTool/README.md. The introduction of Masternode Dynamic Membership provides the ability for new block producers to join the federation with ease, further increasing the levels of decentralization and security of the Cirrus Sidechain. The ability to introduce new types of transaction signatures and scripts. Convert Stratis (STRAX) to Indonesian Rupiah (IDR). This alteration to the block reward, coupled with the sidechain incentivization provides a necessary revamp to the Stratis tokenomic design. Convert Stratis (STRAX) to US Dollar (USD). As always, we would like to thank our community for their continued support. Because of challenges presented with the Stratis blockchain, we have opted to perform a Token Swap to a newly provisioned blockchain, incorporating innovative features and crucial changes to the tokenomics of the Stratis Platform. The development and integration of features such as confidential data handling and channel management are crucial when providing a platform for real-world businesses. All pending orders of STRAT were automatically cancelled by the system. To participate in the Token Swap and acquire the STRAX Token, currently owned STRAT Tokens must be burned. Segregated Witness (SegWit) will be activated on the STRAX network by default. First round of the Strax Swap window is from the 15th of October 2020 until the 12th of November 2020 at 9 AM GMT. STRAX is the cryptographic token that will fuel the Stratis Blockchain and can be used to purchase and/or operate certain services via the Stratis Platform. Yes, but you will require to swap from STRAT to STRAX before the 12th of November 2020 at 9 AM GMT to be eligible to receive STRAX from day one. Users’ STRAT exchange balance totals will reflect the same total that they had prior to the swap in a 1:1 manner. By completing a Token Swap and creating a new blockchain, multiple improvements and feature additions can be achieved without fear of maintaining a heterogeneous network and introducing multiple forks and votes. Only the token ticker will change from STRAT to STRAX. We have delisted the all the pairs of STRAT on 12 November, 1.30 PM (IST). The simple steps can be found here: https://www.stratisplatform.com/2020/10/15/strax-token-swap/. The current Token Swap progress can viewed by running the Extraction Tool: https://github.com/stratisproject/StratisFullNode/blob/master/src/SwapExtractionTool/README.md, https://chainz.cryptoid.info/strat/tx.dws?f38158dd941882ee9d9bf70c19e52a9f36bcf74b6e1a354c664bb327f0ffcf54.htm. This provides additional security and has the potential to increase levels of decentralization through more security conscious holders participating in securing the network through staking. STRAX Tokens that remain in the Token Swap Allocation will be burned after participation windows close. English Deutsch Español Français Italiano … Users have been advised to withdraw their STRAT tokens from below exchanges before the 12th of November 2020. The STRAX Token Swap Voting window will be from NOW until the block closest to 17:00 GMT 9th October 2020. Binance is the current most active market trading it. Learn more Digital Transformation. Since the inception of the Stratis Token and the Stratis Blockchain, there have been several innovative developments that have come out of Stratis’ Research and Development team(s). Convert Stratis (STRAX) to Indian Rupee (INR). Get live charts for STRAX to USD. STRAX/BTC; STRAX/ETH; STRAX/USDT We will be removing support of any other staking nodes, such as the legacy Stratis Token Node and Stratis QT Nodes. Here's the video with swapping your STRAT to STRAX! To put this into context, this reduction in Block Time equates to the creation of an additional 208,050 Blocks in a calendar year. As a result of STRAX token swap: Atomars closed the trading service for the STRAT/BTC, STRAT/ETH and STRAT/USDT trading pairs. Stratis stayed true to their promise of developing a Blockchain Development Platform on the .NET Core Framework in C#, known as the Stratis Platform. Professor Lewis Lim, Nanyang … The development and deployment of Stratis Oracles on the Cirrus Sidechain will enable the development and deployment of new decentralized applications that were previously not possible. PRiVCY 2.0 Swap. 1 STRAT can be swapped for 1 STRAX. Any balance acquired after the snapshot will not be accepted in the Token Swap. No, the tokens on cirrus can be swapped from Cirrus to STRAX once the STRAX blockchain is live. I am struggling to convert from my coinomi to Strax. For example, where it would previously only be possible to store a single transaction ID or block hash, it is now possible to store two. To be eligible to receive STRAX Tokens on day one you will require to perform the token swap during this period. Get live charts for STRAX to INR. Hello, as I informed you in first post Strax can be the new and improved STRAT token. In parallel to the STRAX Blockchain launch, additional rules will be introduced on the Cirrus Sidechain. First round of the Strax Swap window is from the 15th of October 2020 until the 12th of November 2020 at 9 AM GMT. An additional participation window will exist until the 15th of October 2021 at 5 PM GMT. The DAO Contract will enable token holders the ability to vote for funding of teams and individuals who are actively developing solutions on the platform. To both clarify and ensure that the community of STRAT Token holders are in favour of our approach to mint additional tokens; we have opted to perform an on-chain vote. Atomars supported the STRATIS Platform token swap from STRAT to STRAX and completed the STRAX token swap automatically for all STRAT holders. Stratis Mobile Wallet for iOS and Android (Token Support and DEX Support). Do not send STRAT coins to STRAX addresses, those coins will be permanently lost; Post navigation. As an example, this allocation could be used to target successful businesses already utilizing blockchain technology and incentivize them to migrate their solutions to the Stratis Platform. This change is necessary to increase the levels of distributed staking weight on the blockchain. An allocation of 5,000,000 Tokens from the initial distribution will be set aside to fund the Stratis DAO Contract. … Please direct any questions to our Discord server where a member of the team or our community will be happy to assist. We already have several optimizations and new features that we plan to integrate into the Proof-of-Stake to both improve security and increase the level of possible scale. 3 weeks ago. This development introduced several innovative products and features that can only be supported if the newly developed Stratis Full Node maintains the network. Furthermore, suppose you do make regular transactions within your wallet, as a result of the in-built privacy features contained within our wallet software. As an example, this allocation could be used to fund continued development of the platform and contribute towards day-to-day operations. A team will be constructed with a sole focus on developing decentralized finance solutions, deployable on Stratis Technologies such as the Cirrus Sidechain. The block reward has been altered, so each mainnet block produced provides a reward of 18 STRAX, thus adjusting the annual inflation rate from 0.5% to just over 10%. We have received several questions we would like to address in this short FAQ. As an example, this allocation would fund a global hackathon aimed at developing blockchain solutions within a specific vertical. The STRAX Mainnet is not operational until the 12th of November 2020. This vote will determine whether the detailed approach will be supported and ultimately executed to allow the further growth of the token and associated Stratis Platform and technologies. As the voting has now ended the next stage is the Token Swap process from STRAT to STRAX. With the above in mind; we will hold a 14-Day voting period where token holders can vote in favour or against the proposed changes to the increase in token supply. Hello, thank you for the tool. Language. Make decisions on the four elements of the marketing mix with MixPRO. Get live charts for STRAX to IDR. The new functionality enables anyone meeting the defined collateral requirement to create a vote requesting their unique mining key be added to the federation. STRAX Token Swap Deadline This is thanks to our utilization of an enterprise development language and framework, one that undergoes significant review and is heavily scrutinized by a seasoned audience. Can I still stake STRAT till the last day of he swap first participation windows? StakeCube Platform; StakeCubeCoin; StakeCubeCoin Chain-Stats; Info Sites. Practice brand strategy with a focus on targeting & positioning with BrandPRO. These projects will be hand-picked and targeted by the Stratis Foundation, assisted by Stratis Consultancy to ensure the seamless transition to the Stratis Platform, as proven with prior engagements. The Strax Swap window is from the 15th of October 2020 until the 12th of November 2020 at 9 AM GMT. As the voting has now ended the next stage is the Token Swap process from STRAT to STRAX. A transaction is created for every address that holds a balance greater than 1 STRAT Token within the wallet. Furthermore, the minting of additional tokens will enable the continued development of the Stratis Platform and assist further growth of the platform through third-party engagements and relationships. The allocation of STRAX Tokens has been split into three different collections; this provides a clear view of how the tokens will be employed to benefit the Stratis Platform. The activation of Cold-Staking provides holders of the STRAX Token the ability to obtain through ‘Staking’ STRAX Tokens that are held within an offline wallet, such as a Ledger Nano.