• New Stratis Layer-1 blockchain incorporates zkSync Layer-2 scaling
  • Major incentive programme launched for developers and users

United Kingdom, March 21, 2024 / AlexaBlockchain/ – Stratis, today announces the successful launch of its new Layer-1 blockchain based on the Ethereum codebase. Following a number of smart contract audits, the chain went live today marking the next chapter in Stratis’ mission to develop highly useable blockchain infrastructure.

The new blockchain is specifically designed to support Decentralized Finance (DeFi) and gaming use cases, with high levels of security and scalability.

Key to achieving this is the integration of zkSync, a layer-2 scaling solution that will significantly increase transaction throughput and reduce transaction costs, without compromising security. Of particular importance to gaming developers, the new infrastructure means gamers playing games built on Strais can expect almost instant in-game transactions that make play smoother and more enjoyable.

Stratis users can immediately benefit from staking on the mainnet with plans to introduce liquid staking in the near future. Liquid staking involves the minting of a new token, which represents a claim on the underlying staked asset. Liquid staking has grown in popularity amongst DeFi users as a way to maximise yield from a set amount of capital.

The DeFi community will also benefit from a number of bridges allowing crypto assets to be seamlessly exchanged between the Stratis mainnet and other prominent blockchains. The team is also investigating potential lending and borrowing use cases as well as building integrations to major Decentralized Exchanges (DEXs) serving the Ethereum ecosystem.

Chris Trew, Co-Founder and CEO, Stratis said: “I’m pleased that all projects on Stratis will be transitioning over to the new chain and we can’t wait to build out more DeFi options over the coming months. To support the launch of the new mainnet the Stratis Foundation has made $1M available as developer and user incentives so we anticipate significant on-chain activity following today’s launch.”

To support the launch of the new mainnet the Stratis Foundation has made circa $1m available as developer and user incentives. Incentives are available for dApp developers that harness zkSync’s scaling capabilities to build DeFi and gaming applications. Users that complete actions like staking, liquidity provision and bridging will also be eligible for the incentive programme. https://www.stratisplatform.com/

Source: Stratis

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