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Strike STRIKE Logo
Strike STRIKE
$1.43 2.04%
OG Score 0
Reviews 0
Strike STRIKE Logo

Strike STRIKE Price

$1.43 2.04%
Low All Time High
$0.063691 $2.17

Introduction

Strike (STRK) is a decentralized finance protocol enabling users to earn interest on cryptocurrency deposits and access secured loans through a community-governed, non-custodial system. More

OG Score 0
Reviews 0
Market Cap $25.82M
Market Cap Rank # 1204

Token Stats

Fully Diluted Valuation $35.86M
24H Trading Volume $64,336
24H Low / High $1.40 / $ 1.45
Circulating Supply 18.00M
Total Supply 25.00M
Max Supply 25.00M

Info

Categories Derivatives 4 more
Founder Anonymous
Website strikefinance.org
Socials 1 more
Chains Cardano Ecosystem
Explorer Cardanoscan 1 more
Contracts Strike f13ac....94b45

STRIKE/USD Price Chart

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$STRIKE Community Sentiment

OG Evaluation

OG Score

OG Score Rank #NA
Reviews 0
Gem Score N/A

OGAudit Coin Evaluation Metrics

Innovation 0 .00
Innovation Evaluates whether the project introduces a unique, impactful solution that clearly outperforms competitors.
Security 0 .00
Security Assesses the robustness of smart contracts or protocol security, and the availability of up-to-date audit reports.
Community 0 .00
Community Measures how actively the team engages its community and whether governance decisions involve on-chain voting or transparent input.
Tokenomics 0 .00
Tokenomics Examines the utility of the token, distribution fairness, and whether there are clear incentives for long-term holding or usage. Also evaluates the project’s revenue model, including income sources, sustainability, and whether value flows back to token holders or the ecosystem.
Team 0 .00
Team Evaluates the experience,credibility of the founding and development team.
Roadmap 0 .00
Roadmap Assesses the clarity, transparency, and timely execution of the project's development roadmap.

Strike $strike User Reviews

What Crypto OGs are Saying About Strike

$strike Markets

Name Pair OG Score

About Strike $strike

What is Strike (STRIKE)?

Strike (STRK) is a decentralized finance (DeFi) platform that allows users to earn interest on their cryptocurrency holdings or take out secured loans. The protocol operates without a central authority, meaning users have full control of their digital assets.

 

How Does Strike Work?

Strike offers two main features: earning interest and borrowing funds.

  1. Earning Interest: When you deposit cryptocurrencies, like Ethereum (ETH), into a Strike pool, you receive an equivalent amount of sTokens (e.g., sETH for ETH). These sTokens represent your stake in the pool and can be redeemed for more of the original cryptocurrency over time as interest is earned. The amount you can redeem increases as the market conditions for that asset change.
  2. Borrowing Funds: If you need to borrow crypto, you can do so by depositing collateral into a Strike pool. The platform offers a loan-to-value (LTV) ratio, typically between 50% and 80%, depending on the collateral. Borrowers pay interest on the loan, and if the value of their collateral falls below a certain threshold, it may be liquidated to cover the loan.

 

What Makes Strike Unique?

One of the standout features of Strike is its focus on decentralization. The platform is governed by its community, meaning holders of the native STRK token can propose and vote on changes. This includes decisions on which cryptocurrencies to add to the platform or adjusting loan and collateral parameters. Strike’s governance model ensures that the community, not just a central team, has control over the protocol’s future.

Additionally, the protocol has no venture capital or founder tokens, which helps maintain a higher level of community distribution. This structure helps ensure the project stays truly decentralized and community-driven.

 

How Many STRK Tokens Are There?

Strike has a capped total supply of 6,540,888 STRK tokens. Currently, about a third of these tokens are in circulation, with 4 million tokens set to be distributed to users over the next eight years. The emission rate of STRK tokens can be adjusted through community voting, making it flexible based on user preferences.

 

How Is Strike Secured?

Strike uses smart contracts to manage the protocol automatically, ensuring that all transactions are secure. It also enforces a collateralization factor to maintain over-collateralized pools, which helps protect both lenders and borrowers. If the value of collateral drops too low, it is liquidated to bring the pool back to a safe level.

 

Conclusion

Strike (STRK) offers a unique, community-driven DeFi platform where users can earn interest on their crypto holdings or take out secured loans, all while maintaining control of their assets. With its decentralized governance model and strong focus on security, Strike aims to provide a safe and flexible environment for crypto users.

What is unique about Strike (STRIKE)?

Strike (STRK) is unique due to its community-driven governance model, where holders of STRK tokens can propose and vote on changes, such as adding new cryptocurrencies or adjusting loan parameters. It also operates without any venture capital or founder tokens, ensuring a high level of decentralization.

Who are the founders of Strike (STRIKE)?

Strike (STRK) is a decentralized platform with no specific founders, as the project is fully governed and operated by its community.

Where can I buy Strike (STRIKE)?

 Minswap

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