What is Stratis [New] (STRAX)?

Deep Dive

1. Technology & Architecture

Stratis initially built its blockchain using Microsoft’s .NET Core framework (C#), targeting enterprise adoption. In 2025, it transitioned to StratisEVM, an Ethereum Virtual Machine-compatible Layer 1 chain, enabling seamless integration with Ethereum tooling like MetaMask and Solidity-based smart contracts. This shift aims to attract developers by reducing migration friction while retaining features like 45-second block times and sidechains for scalable gaming/DeFi solutions.

2. Tokenomics & Governance

STRAX tokens (recently swapped 1:10 to $STRAT) serve three core roles:
- Staking: Secure the network and earn ~29% APR.
- Masternodes: Lock 20M STRAX (post-swap) to validate transactions and share block rewards.
- Gas Fees: Power transactions and smart contracts.
A DAO governs ecosystem grants, funded by 5M reserved tokens.

3. Ecosystem Fundamentals

Stratis targets two verticals:
- Gaming: SDKs for Unity/Unreal engines, partnerships like SolPlex (Epic Games Store integration), and in-game rewards.
- Enterprise: Private sidechains for ticketing (Ticketsphere) and GBP-pegged stablecoins.

Conclusion

Stratis [New] repositions as an Ethereum-aligned chain balancing enterprise-grade infrastructure with gaming/DeFi accessibility. With its recent EVM pivot and 2025 rebrand, can it leverage Ethereum’s developer base while maintaining its .NET legacy appeal?