The launch of wSTRAX

Stratis InterFlux now fully supports the Ethereum blockchain, enabling seamless transitions from the native STRAX Token to wSTRAX. The launch of the wSTRAX ERC-20 token on the Ethereum blockchain will coincide with a newly created liquidity pool on UniSwap between wSTRAX and ETH, enabling STRAX to take full advantage of UniSwaps automated liquidity protocol. Stratis has received confirmation of USD 150,000 being made available for the wSTRAX/ETH pool, allowing token holders to take immediate advantage of the UniSwap DEX. The wSTRAX token is not limited to UniSwap and can be leveraged, integrated and utilized on any DeFi solution or platform available on the Ethereum blockchain.

The two contracts controlling the issuance of wSTRAX on the Ethereum blockchain can be found below:

MultiSig Contract (Minting)

https://etherscan.io/address/0x14f768657135d3daafb45d242157055f1c9143f3

wSTRAX ERC-20 Contract

https://etherscan.io/token/0xa3c22370de5f9544f0c4de126b1e46ceadf0a51b

This process of transitioning from STRAX to wSTRAX is made seamless through integration into the latest STRAX Wallet offerings. Navigate to the send pane and select InterFlux as a destination to simply “swap” STRAX for wSTRAX in a trustless manner. Please be aware that there is a minimum STRAX Token amount enforced due to high fees on the Ethereum blockchain. 

This release is accompanied by the latest STRAX Wallet release, available for all major operating systems. Download links can be found on the wallet page.

Join Stratis’s ever-growing community to discuss the further advantages of the developments mentioned above and how the ‘wrapping’ of other blockchain tokens can benefit Stratis Blockchain Technologies.

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