TechFlow news: Blockchain technology company Stratis has announced via social media that StratisEVM will launch on March 21. The on-chain swap for StratisEVM will end at 2:00 AM Beijing time on March 21. STRAX tokens will be distributed on the first day of StratisEVM's launch to users who have burned their tokens through the on-chain burn mechanism.
Notably, StratisEVM is a Layer1 network based on Ethereum’s Proof-of-Stake (PoS) blockchain. The team plans to later introduce an L2 solution specifically designed for high throughput and low finality latency, aiming to meet the demands of gaming and DeFi protocols.
Previous report: Blockchain technology company Stratis announced it is transitioning to StratisEVM. Holders of $STRAX tokens will receive $STRAT at a 1:10 ratio.
