Question 1

What is it?

Accepted Answer

**Token: Stratis (STRAX)**
Stratis (STRAX) is the native cryptocurrency token of the Stratis platform. It operates as a proof-of-stake (PoS) token, meaning holders can earn rewards by staking their STRAX tokens to secure the network. STRAX is instrumental in several features of the platform, including transaction fees and the execution of smart contracts.

**Platform: Stratis Platform**
The Stratis platform is a blockchain-as-a-service (BaaS) provider that enables organizations to develop, test, and deploy blockchain-based applications using the .NET framework. Unlike other blockchain platforms, Stratis focuses on offering solutions that are familiar to developers who have experience with Microsoft products. This approach reduces the learning curve for enterprises wanting to integrate blockchain technology into their existing infrastructures. Stratis aims to bridge the gap between the blockchain world and the corporate environment.

Question 2

What is it used for?

Accepted Answer

STRAX is primarily used to compensate participants who support the network by staking, acting as an incentive to ensure the network's security and functionality. Additionally, it is utilized to pay for transaction fees and run smart contracts on the platform. Enterprises and developers who want to deploy applications or utilize services on the Stratis platform might also need STRAX as a form of payment or as a stake.

Question 3

Who created it?

Accepted Answer

The Stratis platform and its STRAX token were founded by Chris Trew, an entrepreneur with a background in enterprise IT and cloud computing. Chris, along with a team of developers and professionals, sought to create a blockchain platform tailored to the needs of businesses, particularly those familiar with the Microsoft development environment.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	STRAX-USDT STRAXUSDT	binance	AA	0.01139USDT	-0.26%	13,208,426.00STRAX	3,683	0.01142USDT	0.01162USDT
2	STRAX-TRY STRAXTRY	binance	AA	0.5580TRY	-0.71%	4,236,495.00STRAX	358	0.5620TRY	0.5679TRY
3	STRAX-USDT STRAXUSDT_SPBL	bitget	BB	0.01137USDT	-0.70%	637,005.16STRAX	415	0.01145USDT	0.01157USDT
4	STRAX-USDT STRAX_USDT	gateio	A	0.01145USDT	-0.08%	68,818.00STRAX	29	0.01146USDT	0.01153USDT
5	STRAX-USDT STRAX-USDT	kucoin	BB	0.01138USDT	-0.52%	52,865.80STRAX	47	0.01144USDT	0.01153USDT
6	STRAX-USD STRAX_USD	cryptodotcom	AA	0.01141USD	-0.55%	15,480.00STRAX	14	0.01147USD	0.01155USD
7	STRAX-KRW KRW-STRAX	upbit	B	15.40KRW	-1.28%	15,856,909.33STRAX	499	15.60KRW	15.70KRW
8	STRAX-KRW STRAX_KRW	bithumbkorea	-	15.42KRW	-0.90%	2,728,911.50STRAX	107	15.56KRW	15.59KRW
9	STRAX-USDT strax_usdt	digifinex	D	0.01137USDT	-0.44%	2,594,200.80STRAX	2,779	0.01142USDT	0.01160USDT
10	STRAX-EUR STRAX-EUR	bitvavo	B	0.01014EUR	-0.76%	154,852.85STRAX	26	0.01022EUR	0.01036EUR
11	STRAX-BTC BTC-STRAX	upbit	B	0.0₆1300BTC	0.00%	0STRAX	0	0.0₆1300BTC	0.0₆1300BTC
12	STRAX-KRW STRAX_KRW	coinone	C	16.50KRW	0.00%	0STRAX	0	16.50KRW	16.50KRW
13	STRAX-USDT STRAXUSDT	coinex	C	0.01095USDT	0.00%	0STRAX	0	0.01095USDT	0.01095USDT