Gate.io Completes Stratis (STRAX) Mainnet Migration and Token Split

According to the Stratis (STRAX) team, the Stratis (STRAX) token has been split into a new token at a 1:10 ratio based on a snapshot taken on March 20, 2024, 18:00 P.M. UTC. Gate.io has successfully completed the asset migration, and users can now view the details in Account Statement. Trading for the new Stratis (STRAX) token will commence on March 26, 2024, 8:00 A.M. UTC, and its deposit and withdrawal services will be enabled later.

Swap Ratio: 1 (old) : 10(new)Trading Start Time: March 26, 2024, 08:00 A.M. UTC.

Old Tokenomics：Public Token Swap Allocation：80%--100,000,000Network Incentivization：5.1%--6,375,000Foundation：6.5%--8,125,000Enterprise Incentivization：4.4%--5,500,000Stratis Decentralized Autonomous Organization：4%--5,000,000

New Tokenomics：Token Swap Fund：84.17%--1,595,266,654.05569Adoption Incentivization：5.3%--100,000,000(50,000,000（Release at launch）25,000,000 (Release in 1 Year)25,000,000 (Release in 2 Year))Foundation：5.3%--100,000,000(50,000,000（Release at launch）25,000,000 (Release in 1 Year)25,000,000 (Release in 2 Year))Network Incentivization：5.3%--100,000,000(50,000,000（Release at launch）25,000,000 (Release in 1 Year)25,000,000 (Release in 2 Year))Total Amount：100%--1,895,266,654

Gate.io no longer supports the old Stratis (STRAX) token, but will support the deposit and withdrawal services for the new Stratis (STRAX) token.

Please note that after this token split, the supply of new $STRAX has increased by 10 times compared to the old one. Without considering other factors, the price of $STRAX will be 1/10 of the old one. After trading resumes, please make sure to understand this clearly, avoiding placing orders at the wrong price.

Deposit $STRAX：https://www.gate.io/myaccount/deposit/STRAXTrade $STRAX：https://www.gate.io/trade/STRAX_USDT

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Gate.io TeamMarch 25th , 2024