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Blockchain technology company Stratis has announced the launch of an exchange portal, allowing users to verify their participation in token exchanges and check the quantity of tokens they will receive after the exchange. Simultaneously, Stratis has initiated the token exchange process, with on-chain token exchange scheduled until March 21, 02:00 (Beijing time), STRAX snapshot time on March 21, 02:00 (Beijing time), and off-chain token exchange from March 28 to December 29, 17:00 (Beijing time). StratisEVM is currently planned to be launched on March 21, 2024, and tokens will be distributed on the first day of StratisEVM release. Stratis will airdrop tokens to all users who have previously executed the exchange to compensate for any potential loss of staking rewards. Token exchange functionality can only be achieved through Stratis Wallet 1.7.0.0. To execute on-chain token exchanges by destroying tokens, users must send STRAX tokens to Stratis Wallet 1.7.0.0 and perform the token exchange transaction. Additionally, when executing on-chain token swap transactions, the tokens will be immediately destroyed, and this process is irreversible. As previously reported by CoinDesk, Stratis announced a shift to StratisEVM, and users holding STRAX tokens will receive the new STRAT tokens at a ratio of 1:10. |
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