What is Xertra (STRAX)?
Xertra is a blockchain platform developed to support decentralized finance (DeFi) and gaming through a scalable and accessible infrastructure. It is designed to streamline the deployment and management of blockchain-based applications across various use cases.
The project began as Stratis, a blockchain launched in 2016 that implemented a full-node in C# using the .NET framework. Over time, it transitioned to a Proof of Stake network compatible with Ethereum, utilizing the Go-Ethereum (Geth) and Prysm codebases. This transition enabled the platform to support smart contracts and decentralized applications with standard Web3 development tools, while incorporating its own optimizations.
Xertra offers a suite of products, including Xertra Passport, Xertra Zero, Xertra Pay, Xertra Deploy, Xertra Play, Xertra Verse, and Xertra Console. These tools are designed to support the development and operation of Web3 applications, particularly in gaming and DeFi.
The native token of the Xertra network is STRAX. It serves several purposes within the ecosystem. It is used to pay transaction and smart contract execution fees. Holders can stake STRAX to participate in network security and earn rewards. It also functions as collateral in DeFi protocols and supports services across various segments such as payments, gaming, and NFTs.
Xertra's evolution from Stratis reflects its aim to align with current blockchain standards while maintaining its own infrastructure enhancements. The platform continues to focus on DeFi and gaming applications.
The circulating supply of STRAX is approximately 2.04 billion tokens. The total supply stands at 2.11 billion, with no fixed maximum supply.
STRAX is listed on Binance for trade and purchase. The live price of STRAX is available and updated in real time on Binance.