From the outset, Stratis has aimed to make blockchain participation more accessible, enabling both newcomers and experienced users to engage with staking without encountering technical hurdles. Following a beta phase and taking onboard community feedback, Stratis is now announcing the full release of the Stratis Launcher—no longer in beta—designed to simplify the staking experience for all.

Stratis Launcher Launchpad

A Straightforward Path to Staking

Historically, staking has often demanded specialized knowledge and technical setups, discouraging potential participants from securing the network and earning rewards. Stratis addresses this issue by offering a user-friendly interface streamlining the entire process. With the fully launched Stratis Launcher, those interested in staking STRAX can begin with a few simple clicks, eliminating the need for advanced technical expertise and time-consuming configurations.

Leveraging Trusted Tooling

The development of the Stratis Launcher has been guided by a commitment to proven technologies. To achieve this streamlined staking experience, Stratis utilized tooling from the Sterium project, ensuring a stable and secure environment. This integration supports the reliability and integrity users expect while delivering a platform that is both accessible and easy to navigate.

Key Advantages

• User-Centric Interface: The Stratis Launcher prioritizes an intuitive layout, reducing the complexity commonly associated with staking.
• Robust Security: Enhanced security measures and careful design provide peace of mind for users managing their validators.
• Lower Technical Barriers: The platform empowers users of all experience levels to confidently engage in staking activities.
• Simplified Validator Management: Validator keys can be added and exited with ease.

Looking Ahead

For now, the enhanced staking experience is available at: https://simple.launchpad.stratisevm.com.

Stratis plans to merge these improvements into the existing Launchpad site in the near future. Once integrated, users will have the flexibility to choose between a streamlined, single-click validator setup and a more traditional, manual configuration. This upcoming change represents Stratis’ ongoing commitment to offering a comprehensive staking solution that caters to varying skill levels and preferences.

As the ecosystem evolves, Stratis intends to refine its offerings based on community input and emerging technologies, ensuring that staking remains as inclusive, secure, and efficient as possible.

For those who have questions or wish to engage with the community, Stratis invites everyone to join its Official Discord Server. There, users can connect, share experiences, and help shape the future of the Stratis network—one stake at a time!

Stratis is thrilled to announce that liquid staking on the Stratis blockchain network is now live in beta on the Auroria Testnet, powered by the StaFi protocol. This integration marks a significant milestone in Stratis’s journey to provide innovative and flexible staking solutions to its community. The platform invites you to participate in this beta phase, test the features, and provide valuable feedback prior to the mainnet launch.

Participate in the Beta on Auroria Testnet

Your involvement is crucial in refining and perfecting the liquid staking solution. By participating in the beta testing phase, you can:

• Experience Liquid Staking Firsthand: Get early access to the liquid staking features and explore how they can benefit you.
• Provide Valuable Feedback: Help identify any issues or improvements by sharing your insights and experiences.
• Contribute to the Ecosystem: Play a direct role in shaping the future of staking on the Stratis network.

The Power of Liquid Staking

Staking has become an integral part of blockchain ecosystems, allowing participants to support network security and earn rewards. Traditional staking, however, often comes with the drawback of illiquidity—once assets are staked, they are typically locked up and inaccessible for a predetermined period. This can limit your ability to react to market conditions or take advantage of other investment opportunities.

Liquid staking addresses this challenge by enabling you to stake your assets while maintaining liquidity. With liquid staking on Stratis:

• Enhanced Liquidity: Stake your STRAX tokens and receive rSTRAX, a representative token that reflects your staked assets and accumulated rewards.
• Maximized Yield: Enjoy the benefits of staking rewards without sacrificing the ability to manage and deploy your assets as you see fit

How to Get Started

1. Obtain Test Tokens: Use the faucet to get test STRAX tokens for the Auroria Testnet. Visit https://auroria.faucet.stratisevm.com to obtain your test tokens.
2. Stake Your Test STRAX Tokens: Vist https://auroria.stafi.stratisevm.com/STRAX/ to join the Liquid Staking Protocol.
3. Receive rSTRAX Tokens: Upon staking, you’ll receive test rSTRAX tokens representing your staked assets and accumulated rewards.
4. Explore and Test: Engage with the liquid staking features, trade your rSTRAX tokens within the testnet environment, and experiment with different strategies.
5. Provide Feedback: Share your experience and any issues you encounter with the development team through the official channels.

Create a Pool on the Testnet DEX

Stratis also invites you to create liquidity pools on the Auroria Testnet DEX StraxSwap. By providing liquidity and creating pools, you can:

• Enhance Liquidity for rSTRAX: Facilitate trading of rSTRAX tokens on the testnet DEX, contributing to a more robust testing environment.
• Test DeFi Functionalities: Experiment with decentralized exchange features, liquidity provision, and token swaps.
• Support Ecosystem Growth: Your participation helps improve the DEX and ensures a smoother experience upon mainnet launch.

You can interact with StraxSwap here: https://auroria.straxswap.com

Why StaFi Protocol?

StaFi (Staking Finance) is a renowned decentralized protocol specializing in unlocking the liquidity of staked assets. By integrating StaFi’s liquid staking solution, Stratis ensures that its users have access to a secure, efficient, and user-friendly platform. StaFi’s rToken model allows for seamless interaction with DeFi ecosystems, providing broader utility for your staked assets.

Stratis’s Commitment to Ongoing Development

The launch of liquid staking in beta on the Auroria Testnet is just the beginning. Stratis is deeply committed to the continuous enhancement of its blockchain and the expansion of its ecosystem. The development roadmap includes:

• Integration of Masternodes: Recognizing the vital role that masternodes play in blockchain networks—offering additional layers of functionality such as transaction validation, governance, and privacy features—plans are underway to incorporate masternode support into the liquid staking framework, providing even more opportunities for the community to engage with the network.
• Ecosystem Expansion: Beyond masternodes, Stratis is exploring partnerships and technological advancements that will enrich the Stratis ecosystem, offering more tools and services to its users.
• Community Engagement: Your feedback and participation are crucial. Stratis will is aspiring to foster an open dialogue with the community to ensure that developments align with your needs and expectations.

Looking Ahead to the Mainnet Launch

Testing on the Auroria Testnet is a vital step toward the mainnet launch. Your participation helps ensure a smooth and successful rollout of liquid staking on the Stratis mainnet. Stratis is committed to delivering a secure, efficient, and user-friendly staking experience, and your feedback is invaluable in achieving this goal.

Stay Connected

Keep an eye on Stratis’s official channels for updates on masternode integration, mainnet launch dates, and other upcoming developments:

• Twitter: @stratisplatform
• Telegram: StratisPlatform
• Discord: Stratis Discord

Stratis is excited to release Verium, a next-generation elastic blockchain technology that brings high performance, scalability, and modular flexibility to developers and businesses, powered by zkSync Zero Knowledge proof technology. In its continuous effort to provide innovative solutions and enhance user experiences, Stratis is leveraging zkSync’s advanced zero-knowledge rollup technology to bring rapid and secure transactions to its ecosystem. With the introduction of the GPU Prover, Verium will offer rapid transaction proving speeds, making it an ideal platform for deploying blockchain-based games.

Verium also introduces Elastic Chains capability, powered by the cutting-edge technology of zkSync. Utilizing zkSync’s advanced ZK rollup framework, Verium brings an ever-expanding network of ZK Chains that enable horizontal scaling and allow enthusiasts, developers and businesses to deploy their own custom chains, including Layer 3 (L3) solutions. This integration provides a scalable, secure, and cost-effective environment, ideally suited for blockchain-based games and decentralized applications (dApps).

With zkSync’s Elastic Chains technology, Verium empowers users to build customized, autonomous ZK rollups and L3 solutions tailored to specific use cases, such as gaming or DeFi. These chains remain interoperable within the Verium ecosystem, enabling cross-chain functionality, shared liquidity, and a seamless user experience. By fully embracing zkSync’s advanced architecture, Verium offers a flexible, scalable, and future-proof blockchain environment ready to evolve as demand grows.

The launch of Verium marks a new era of opportunity for developers looking to build and deploy blockchain-based games. Stratis aims to foster a thriving ecosystem where developers can create games that take full advantage of the benefits offered by blockchain technology, such as true ownership of digital assets, decentralized economies, and innovative gameplay mechanics.

Explore the Verium Portal

To make it easier for developers and users to engage with the new Verium network, Stratis has launched the Verium Portal. This portal serves as the gateway to accessing Verium, enabling users to bridge assets and manage transactions.

Visit the Verium Portal to get started!

Why zkSync Era for Verium?

zkSync Era, a leading zero-knowledge (zk) rollup solution, represents a significant leap forward in scalability, security, and user experience for Ethereum and other blockchain networks. The core advantages of zkSync Era align perfectly with Stratis’ vision of creating a seamless and secure environment for decentralized applications, particularly in the realm of blockchain gaming. Here are the key benefits zkSync Era brings to Verium:

Faster Finality

zkSync Era’s zero-knowledge rollup technology enables near-instantaneous finality of transactions. This rapid confirmation process is crucial for gaming applications where speed and user experience are paramount. Players need quick feedback for actions, and developers require a reliable and fast network to build immersive experiences. Verium, with its GPU Prover, ensures that transactions are confirmed at lightning speed, reducing latency and enhancing overall gameplay.

Enhanced Security with Zero-Knowledge Proofs

Security is a top priority for any blockchain solution, and zkSync Era provides a robust framework for ensuring transaction integrity and fraud resistance. By using zero-knowledge proofs (ZKPs), zkSync Era ensures that transactions on Verium are validated in a trustless manner, meaning the network can verify the validity of transactions without re-executing them. This mechanism allows for high throughput without compromising the security or decentralization of the network.

While zkSync Era does not provide transaction privacy, its cryptographic techniques ensure that all transactions are secure and that fraudulent activity, such as double spending, is not possible. This high level of security is particularly beneficial for games involving digital assets and microtransactions, where user trust and asset integrity are crucial.

Seamless User Experience

zkSync Era’s focus on user experience is another reason why Stratis chose to integrate it into Verium. Features like native account abstraction, seamless onboarding for non-crypto native users, and wallet support contribute to a frictionless user experience. With these features, Stratis aims to lower the entry barrier for both gamers and game developers, ensuring they can easily interact with blockchain technology without navigating complex interfaces or processes.

Scalable Game Deployment

The rapid proving capability offered by the GPU Prover utilized by Stratis, combined with zkSync Era’s scalability, makes Verium an ideal environment for deploying games that require high throughput and low latency. Game developers can now build and scale their applications without worrying about network congestion or high transaction fees, making it possible to bring more innovative, feature-rich games to the blockchain space.

Join Stratis in Building the Future of Gaming with Verium

Stratis invites developers, gamers, and enthusiasts to join them on this exciting journey. Verium offers the perfect foundation for building the next generation of blockchain-based games. Together, a more decentralized, efficient, and immersive gaming experience can be created for all.

The Stratis team is thrilled to announce that STRAX is now officially accepted on Binance Pay! Let’s explore why this is such a big deal and what it means for everyone involved.

The Power of Binance Pay

Binance Pay is a contactless, borderless, and secure cryptocurrency payment technology designed by Binance, the leading global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume.s. The platform supports over 300 cryptocurrencies for peer-to-peer payments, over 80 cryptocurrencies for merchant payments and serves millions of users and thousands of merchants worldwide. By integrating STRAX with Binance Pay, Stratis is opening doors for the token to be used in everyday transactions, enhancing its utility and real-world application.

Key Benefits of Binance Pay:

• Global Reach: With Binance’s extensive network, STRAX can now be used for transactions with thousands of merchants worldwide.
• Security: Binance Pay employs enterprise-grade security measures, ensuring that transactions are safe and secure.
• Convenience: Seamless and hassle-free transactions make it easier for users to spend their STRAX on a variety of goods and services and send STRAX to friends and family

The Utility of STRAX

While the acceptance of STRAX on Binance Pay is a significant achievement, it is essential to highlight that the primary utility of the STRAX token extends beyond payments. Stratis provides a Layer 1 blockchain platform with a focus on gaming and applied blockchain use-cases. Here are some of the key areas where STRAX shines:

1. Ticketsphere: An innovative NFT-based ticketing solution that revolutionizes event management and ticket distribution, providing a secure and tamper-proof system for organizers and attendees.
2. Solplex: A groundbreaking Blockchain/AI Fusion City-building game that leverages the power of Stratis to create immersive and interactive gaming experiences, pushing the boundaries of blockchain technology in the gaming industry.
3. Fintech Solutions: Stratis has various products under development with a focus on the Fintech space, including a crypto-to-fiat payment gateway and turnkey stablecoin solutions. These innovations are designed to bridge the gap between traditional finance and the crypto world, enhancing financial inclusivity and accessibility.

What Binance Pay Means for the Stratis

1. Increased Utility: The integration of STRAX with Binance Pay means the token can be used in a wider range of transactions. Whether shopping online or at a local café, STRAX can now be part of everyday spending.

1. Stronger Community: This development is a testament to the strength and potential of the Stratis community. It highlights a commitment to expanding the ecosystem and providing benefits to users.
2. Boosted Confidence: Acceptance on a platform as prestigious as Binance Pay is a huge vote of confidence in STRAX. It underscores the token’s credibility and encourages more users to join the ever-growing Stratis community.

How to Get Started with STRAX on Binance Pay

Using STRAX on Binance Pay is simple and straightforward. Here’s a quick guide to get started:

1. Download Binance App: If you haven’t already, download the Binance app from the App Store or Google Play.
2. Set Up Binance Pay: Navigate to Binance Pay within the app and follow the setup instructions.
3. Add STRAX to Your Wallet: Ensure you have STRAX in your Binance wallet. If not, you can easily purchase it on the Binance exchange.
4. Start Spending: Use Binance Pay to make payments with STRAX at supported merchants. Enjoy the convenience and benefits of using your favorite token!

Final Thoughts

The acceptance of STRAX on Binance Pay is a great achievement that sets the stage for even greater success. It is a testament to STRAX’s growing relevance in the crypto space and its potential to revolutionize businesses seeking to leverage blockchain technology.

For more information on how to accept STRAX with Binance Pay, visit this link.

Stratis is thrilled to announce the beta release of its new simplified staking solution. Since the launch of Stratis’s EVM-based blockchain, they have utilized the standard validator setup offered by Ethereum’s launchpad; it is acknowledged that the process can be daunting for non-technical users. The goal at Stratis was to make staking accessible to everyone, and with the introduction of the Stratis Launcher (Stereum Node Launcher) and Wagyu Keygen GUI, Stratis is taking a significant step towards achieving that.

Making Staking Accessible

Staking is a vital part of maintaining and securing the Stratis blockchain network. By participating in staking, validators help validate transactions and contribute to the decentralization of the network. However, the traditional validator setup process can be complex and intimidating, requiring technical knowledge and experience.

To address this, Stratis has integrated two tools into its staking solution: the Stratis Launcher and the Wagyu Keygen GUI. These tools are designed to streamline the staking process, making it more user-friendly and accessible to everyone, regardless of their technical background.

Simplifying the Launchpad

The launchpad can be intimidating for those new to the blockchain space; Stratis has made significant changes to ease newcomers by simplifying the process and providing clear instructions for those unfamiliar with blockchain concepts and staking in general.

Introducing the Stratis Launcher

The Stratis Launcher simplifies the process of setting up and managing a validator node. With its intuitive interface, users can easily deploy and configure their validator nodes without needing to understand the intricacies of node management. The Stratis Launcher handles all the technical details, allowing users to focus on what matters most – participating in staking and earning rewards.

Key features of the Stratis Launcher include:

• One-Click Deployment: Set up a validator node with a few clicks.
• Automated Updates: Keep the node updated with the latest software and security patches.
• User-Friendly Interface: Manage the node with an intuitive and easy-to-navigate interface.
• Consistency: Deployment remains consistent through the use of Docker containers.

Simplified Key Management with Wagyu Keygen GUI

Key management is another critical aspect of staking that can be challenging for non-technical users. The Wagyu Keygen GUI addresses this by providing a straightforward and secure way to generate and manage validator keys. With the Wagyu Keygen GUI, users can create their validator keys with ease and confidence, ensuring that their assets remain secure.

Key features of the Wagyu Keygen GUI include:

• Secure Key Generation: Generate staking keys with industry-standard security practices.
• Easy Backup and Recovery: Safeguard keys with simple backup and recovery options.
• Intuitive Design: Navigate the key generation process with a clear and user-friendly interface.

Enhancing Decentralization

By simplifying the staking process, Stratis aims to increase participation and contribute to the overall decentralization of the blockchain. More participants mean a more secure and resilient network, and Stratis believes that the new staking solution will encourage more users to get involved.

Join the Beta

Stratis invites users to join the beta program and experience the new simplified staking solution. Feedback will be invaluable in helping refine and improve the process. Together, staking can be accessible to everyone, furthering the network’s decentralization.

To get started, you can review the resources below:

• Auroria (Testnet) Faucet: https://auroria.faucet.stratisevm.com
• Auroria 1-Click Launchpad: https://beta.auroria.launchpad.stratisevm.com/en
• Mainnet 1-Click Launchpad: https://beta.launchpad.stratisevm.com/en
• Stratis Launcher Release: https://github.com/stratisproject/stratis-node/releases
• Wagyu Keygen Release: https://github.com/stratisproject/wagyu-key-gen/releases

Stratis encourages you to familiarize yourself with the process by utilizing the Auroria Faucet and the Aurora 1-Click Launchpad.

Join Our Community on Discord

Stratis also invites you to join their growing community on Discord. Connect with other users, share your experiences, and get support from the Stratis team. Join the conversation and participate in the journey towards a more decentralized future. Join our Discord server here.

Stratis is thrilled to provide an in-depth update from Solplex’s lead developer, highlighting the progress made over the past 12 months. This report summarizes the extensive work undertaken by the Solplex team, highlighting their dedication to delivering a groundbreaking gaming experience.

From infrastructure enhancements and feature integrations to gameplay refinements and strategic advancements, the team has made significant progress in various aspects of the game. Join us as we delve into the details of our journey and celebrate the milestones achieved in Stratis’ ongoing quest to synergize artificial intelligence and blockchain to create a distinctive gaming experience.

I am profoundly pleased to present an update summarizing the monumental progress we have made concerning our game development project over the course of the last 12 months. The volume and the intricate scope of work we have accomplished speak to our unwavering commitment and industry, as we move closer to our goal of presenting a transcendent gaming experience.

We’re excited to convey that our team has rigorously worked on the building of game infrastructure, successfully integrating bespoke features such as an in-game chat function. Our accomplishment extends beyond this to include significant optimization work on game speed and delays, ensuring smooth and robust performance that reciprocates the users’ needs efficiently.

Tirelessly expanding the game mechanics, we have also realized a functional build queue and installed game-changing building modifiers – covering an impressive 80% of the entire set. Our strategic growth is coupled with aesthetic refinement, as we have concluded the integration of comprehensive visuals for the global map.

Simultaneously, we have initiated the creation of an immersive inner colony map, with approximately half of the visuals having been developed. The design of the outer colony layouts for all tile types has been effectively administered, demonstrating our vigorous pursuit of detail-oriented refinement. Moreover, implementation of an intuitive status panel and notifications feature assures enhanced player engagement and seamless communication.

Delving into the strategic combat dimension of our game, we express great pleasure in signifying that our battle mechanics are now 70% realized. Although further work needs to be done on implementing building destructions and scouts, this marks an auspicious milestone in our journey.

Adding depth to the gameplay, we have made significant strides in empowering players with trading functionalities and have developed, yet not integrated, capabilities to redistribute resource storage, adjust building productivity, and reallocate hidden resource cache.

Lastly, our efforts feature the comprehensive expansion of data and game metric collection. This initiative cements our dedication to constantly improving the game experience while ensuring the health of our servers and services. We have successfully integrated these vital metrics into our administrative dashboard, thus evidencing our profound commitment to maintaining quality control and the provision of a reliable gaming environment.

Thank you for your continued support during these vital stages of development and we look forward to sharing the fruits of our hard work in the near future.

ChainPort has recently broadened its blockchain and bridging horizons by incorporating Stratis into its network. This integration marks a significant milestone for both platforms, enhancing their utility and appeal within the blockchain community.

With ChainPort now facilitating the bridging of popular assets such as USDT, USDC, and wETH to the Stratis blockchain, users are provided with various liquid assets that can be utilized on the Stratis Platform. This expansion not only enhances Stratis’s attractiveness to developers and decentralized applications (dApps) but also positions it as a more versatile and appealing platform for a wider range of blockchain projects.

ChainPort is a cutting-edge blockchain bridge that facilitates secure and efficient token transfers across multiple blockchain networks. Emphasizing security, ChainPort employs multi-sig wallets, third-party audits, and regular security assessments to protect user assets. Supporting blockchains like Ethereum, Binance Smart Chain, and Polygon, ChainPort offers a versatile platform for both users and developers. The user-friendly interface ensures a seamless experience, making it easy to bridge assets.

With a strong focus on decentralization, ChainPort integrates with DeFi protocols and plans to implement governance features, enabling token holders to participate in decision-making processes. ChainPort’s infrastructure is designed for efficiency and speed, handling high transaction volumes reliably. As of now, ChainPort supports over 50 tokens and has facilitated the transfer of millions of dollars in digital assets.

Stratis has significantly evolved by transitioning to a Layer-1 blockchain based on Ethereum’s codebase, positioning itself as a robust platform for DeFi and gaming applications. The integration of zkSync’s Layer-2 scaling technologies enhances transaction throughput and reduces operational costs, meeting the demands of complex, high-volume blockchain transactions. Additionally, Stratis has introduced a Stablecoin Solution focused on GBP and EUR issuances, providing a stable and reliable medium of exchange in the volatile crypto market, while ensuring regulatory compliance. In the gaming industry, Stratis is launching Solplex, a city-building game that integrates blockchain and AI, promising a unique and immersive experience with enhanced gameplay features like asset ownership and real-time transactions.

These initiatives collectively underscore Stratis’s commitment to expanding its ecosystem and providing robust, versatile solutions that cater to a broad spectrum of users, including gaming enthusiasts, crypto traders, and financial professionals. By integrating Stratis into its ecosystem, ChainPort enhances its offerings for developers and businesses, providing them with an efficient platform for blockchain development. This integration aligns with ChainPort’s mission to support a diverse range of blockchains and empower users to leverage the full potential of blockchain technology in their projects.

As time progresses; Stratis will work with ChainPort to add support for further networks and enable the bridging of the native STRAX Token to give more flexibility and options for those who build on Stratis.

You can now head over to ChainPort’s dApp and immediately bridge assets to and from the Stratis blockchain. https://app.chainport.io/

Stratis is excited to announce that the airdrop for the Auroria Testnet Campaigns has officially begun! The community’s interaction and participation have been overwhelming, and Stratis is thrilled to reward those who have contributed to the success of Stratis’ transition to an EVM-based Layer-1.

Campaigns Overview

The airdrop campaigns were designed to engage the community and reward participants for their efforts in interacting with the Auroria Testnet. With two separate campaigns, participants had the opportunity to earn rewards by either registering against the masternode contract or running a validator to secure the testnet network.

A total of 1,000,000 $STRAX was allocated for the airdrop, divided equally between two reward pools.

First up, participants of the Stratis Auroria Testnet Launch Campaign are eligible to receive 20.95 $STRAX as a reward. To recognize and reward the high level of participation, an additional bonus is being given to 3,000 random individuals, doubling their reward to 32.8 $STRAX. This campaign saw tremendous engagement, and Stratis is grateful for the community’s support.

Secondly, those who took part in the Stratis Auroria Testnet Staking Campaign, and successfully operated their validator will receive a substantial reward of 266.38 $STRAX each! This significant reward underscores the importance of their contribution to maintaining the integrity and stability of the testnet environment.

Reward Distribution

The distribution of rewards has already begun, and participants can expect to see their STRAX tokens reflected in their wallets soon. The airdrop will be staggered over the remaining days of May. Stratis appreciates your patience as the team ensures a smooth and accurate airdrop process.

Stratis has also created a dedicated channel in their Discord server; highlighting which addresses have received their airdrop. You can join the Stratis Discord Server using the link at the end of this blog!

Thank You!

Stratis extends their thanks to everyone who participated in the Auroria Testnet campaigns. Your efforts have been instrumental in the successful launch and operation of the testnet, and Stratis is excited to continue building and innovating with their community.

For more details about the campaigns and the Auroria Testnet, you can read the original announcement here.

Stay tuned for more updates and future opportunities to engage with the Stratis platform. To stay updated on the latest news and developments, follow Stratis on social media and join our Discord server at https://discordapp.com/invite/9tDyfZs to become a part of our growing community!

Stratis is excited to announce the launch of its interactive test environment—a significant step forward for the GBPT Token. This environment allows anyone to engage directly with Stratis technology and receive test instances of the GBPT Token. Currently, the test environment enables the minting of stablecoins; however, the inclusion of burn support is imminent. Be sure to read this blog to learn more about Stratis’ vision and how you can keep up to date with the latest developments!

Exploring Stratis’s Stablecoin Solutions in a Secure Test Environment

The test environment highlights the foundation of Stratis’s Stablecoin Solutions for GBPT and other fiat-backed stablecoins, enabling consumers to receive a stablecoin efficiently and simply in exchange for a fiat deposit. As this is deployed in a test environment, there is no integration with Open Banking and KYC/Compliance vendors; however, it provides a glimpse into what the process will look like.

Importantly, even though this is a test, the minting function uses FIPS 140-2 Level 2 validated HSMs to ensure that cryptographic keys are processed and stored within a physically and logically protected hardware device.

Stratis encourages its community to explore and test the functionality using the link below:

https://stablecoin.stratisplatform.com

Strengthening Compliance and Security Through Strategic Partnerships

As mentioned above, Stratis is establishing strategic partnerships with leading compliance experts such as ShuftiPro and Elliptic. These collaborations are crucial in ensuring the highest standards of security and compliance, enabling Stratis to navigate complex regulatory landscapes while offering innovative solutions. ShuftiPro, renowned for its cutting-edge identity verification services, will assist Stratis in ensuring that all transactions and user interactions are secure and verified, aligning with global KYC (Know Your Customer) and AML (Anti-Money Laundering) standards. Meanwhile, the partnership with Elliptic, a leader in risk analysis for blockchain-based assets, enhances the integrity of Stratis’s solution by providing advanced analytics to prevent fraudulent activities and provide assurance for businesses leveraging the Stratis Stablecoin Solution.

Advancing Regulatory Approval and Expanding Presence in Europe

Stratis is continuing to make significant progress with its application with the Financial Conduct Authority (FCA) in the UK. Achieving regulatory approval is a complex process, and Stratis is committed to meeting stringent standards to build a secure and reliable foundation for its operations. More details regarding the application will be revealed in the near future. In addition to Stratis’ regulatory efforts in the UK, Stratis is also focusing on expanding its presence in Spain. Stratis is proud to announce that it recently received approval from the Bank of Spain, granting it as a Virtual Asset Service Provider (VASP). This approval highlights Stratis’s commitment to adhering to European regulations and offering a secure and compliant platform for its users across multiple jurisdictions.

Join Stratis on This Exciting Journey

Stratis invites you to explore its test environment today and contribute to shaping the future of Stratis Stablecoin Solutions. Visit https://stablecoin.stratisplatform.com to get started, and join our Discord server at https://discordapp.com/invite/9tDyfZs to become a part of our growing community!