According to Foresight News, blockchain technology company Stratis has announced its transition to StratisEVM. Users holding the STRAX token will receive new STRAT tokens at a 1:10 ratio.
Stratis is a blockchain-based platform that aims to simplify the development, testing, and deployment of C# applications on the .NET framework. The transition to StratisEVM will enable the company to continue its mission of providing a user-friendly and efficient platform for developers.
As part of the transition, users holding STRAX tokens will be able to swap them for the new STRAT tokens at a ratio of 1:10. This means that for every STRAX token held, users will receive 10 STRAT tokens in return. The token swap is expected to facilitate a smooth transition to the new StratisEVM platform.