Stratis has initiated the token exchange process, and the on-chain token exchange period has been extended to March 21
ChainCatcher news, blockchain technology company Stratis announced that it will launch an exchange portal where users can verify their participation in token exchanges and check the amount of tokens they will receive after the exchange. At the same time, Stratis has initiated the token exchange process, extending the on-chain token exchange time to March 21, 02:00 Beijing time, with the STRAX snapshot time set for March 21, 02:00 Beijing time. The off-chain token exchange period will be 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 the StatisEVM release. Stratis will airdrop to all users who have previously executed exchanges to compensate for any potential loss of staking rewards.The token exchange feature can only be implemented through Stratis Wallet 1.7.0.0. To execute the token exchange through on-chain destruction, STRAX tokens must be sent to Stratis Wallet 1.7.0.0 and the token exchange transaction must be executed. At the same time, when executing the on-chain token swap transaction, the tokens will be immediately destroyed, and this process is irreversible.ChainCatcher previously reported that blockchain technology company Stratis stated on social media that it is in the process of transitioning to StratisEVM. Users holding $STRAX will receive $STRAT at a ratio of 1:10.
