StratoVM’s vision is ambitious yet simple: to become the leading DeFi-focused BTC L2 blockchain.
StratoVM is a next-gen Layer 2 solution that integrates Bitcoin’s security with the innovation of DeFi, enhancing the BTCFi ecosystem. With EVM compatibility, StratoVM enables smart contract deployment on Bitcoin’s network, positioning BTCFi to grow from tens of billions to potentially over a trillion dollars.
If you’re not yet familiar with what StratoVM is trying to achieve, read our documentation where we explain everything in detail.
Participating in the SVM Fair Launch
Our focus has always been on building for the community. Our vision is for StratoVM to evolve into a community-oriented protocol. That’s why we chose a fair launch mechanism.
We intentionally decided against a pre-sale before the launch, opting to give everyone the same fair chance to purchase StratoVM tokens.
We are going to list simultaneously on two venues where traders can purchase the $SVM token:
- Purchasing it on our DEX Listing on Uniswap (Ethereum Mainnet) (ETH/SVM)
- Purchasing it on our CEX Listing on MEXC (USDT/SVM)
Details for the Fair Launch:
- Listing Price: $0.95/SVM
- Listing Time DEX — Uniswap (ETH Mainnet): October 7th, 11 AM UTC
- Listing Time CEX — MEXC Global: October 7th, 11 AM UTC
- Token Distribution Method: Fair Launch (Listing on CEX + DEX)
- Initial Market Cap: $19M
StratoVM Tokenomics
There are 100M $SVM tokens. SVM’s distribution is as follows:
Stay tuned on our social handles for more details and links to participate in the Fair Launch. Lets go!
Introducing $SVM — The governance token of the StratoVM Bitcoin Layer 2
The $SVM token is integral to the StratoVM ecosystem, serving multiple key functions:
Governance:
Token holders can participate in decentralized governance by voting on network upgrades, protocol changes, and other important decisions, giving them a voice in the future direction of StratoVM.
Network Incentivization:
$SVM will be directed as part of the edge network incentives towards ecosystem builders and the community
Transaction Fees:
$SVM is used to pay for transaction fees across the StratoVM network, ensuring smooth and efficient operations on the layer 2 platform (This feature is yet to be approved by governance.)
StratoVMs tokenomics will be designed to decentralize StratoVM and reward users and developers that contribute to growing the StratoVM ecosystem. Important technical features, such as using the native token as a gas token or implementing other crucial protocol upgrades, are subject to community governance to ensure a fully decentralized system.
About StratoVM
StratoVM is working diligently to deliver the best experience for users on its BTC L2 blockchain. Our vision is to ensure fair token distribution for the community, conduct thorough security audits, and guarantee a smooth mainnet launch.
StratoVM has several unique selling points (USPs) that distinguish it from the competition:
Pioneering the BTCFi Paradigm
At the core of StratoVM is a buzzing ecosystem that benefits from strong network effects. Our mission is to build one of the largest Bitcoin Layer 2 ecosystems — and we’re just getting started.
StratoVM Ecosystem
While Ethereum has long dominated the DeFi space, Bitcoin’s potential in this arena remains largely untapped. Consider this: Ethereum’s DeFi ecosystem boasts a Total Value Locked (TVL) equivalent to roughly 10.00% of its market cap. In contrast, Bitcoin’s DeFi TVL sits at a mere 0.13% of its staggering $1.4 trillion market value. This stark difference highlights the enormous growth potential within the Bitcoin DeFi (BTCfi) landscape.
Through its innovative approach, StratoVM is pioneering the BTCFi ecosystem, laying the foundation for a new era in decentralized finance on Bitcoin. By providing the essential infrastructure for secure, scalable, and EVM-compatible solutions, StratoVM is unlocking new opportunities for value creation and driving the next generation of Bitcoin-based financial systems.
FAQ
When do you launch the token (TGE)?
The token generation event is essentially this announcement. The $SVM token will go live on October 7th and will be tradable on Uniswap and MEXC.
When do you launch mainnet?
Mainnet is scheduled for Q4 2024.
When will the node rewards be paid out for node holders?
Node rewards will be paid out at the launch of the StratoVM mainnet. However, node activation is scheduled for either November 1st (node reward pre-mining) or the StratoVM mainnet launch, whichever comes first. From that point, node holders will receive monthly $SVM rewards, paid out each month.
When is the airdrop?
The airdrop and the conversion of SVM points into $SVM tokens are scheduled for the StratoVM mainnet launch, which is set for Q4 2024.
Why are you launching the token before mainnet?
The vision of StratoVM has always been to fully decentralize the network and start that process as early as possible. This strategic move also gives the broader StratoVM ecosystem and community important governance and decision-making rights. These rights will allow the community to help decide the final parameters of the mainnet launch and have an early say in the protocol.
What is in the mystery boxes for node purchasers?
There will be a surprise waiting for all node purchasers, which we will announce closer to the node activation date, scheduled for November 1st (or the mainnet launch), whichever comes first.
Disclaimer
- This announcement, along with any information tied within are subject to change, revision, update at the sole discretion of StratoVM and should not be construed as a promise, commitment or guarantee by StratoVM relating to the future availability of platform, and services related to the use of the any tokens or to their future value or performance. This announcement should not be perceived as a prospectus or public offering under applicable law, especially but not limited to laws and regulations related to securities and capital markets.
- This announcement does not constitute an offer, promise, or solicitation to sell shares, security tokens, or securities, nor should it be construed as any offer for sale or subscription of or any invitation to perform an investment. This announcement is solely prepared for the purposes of explanation, clarification, and promotion. This announcement is directed to market participants who are either accredited or qualified in a jurisdiction that is applicable to them so that they are deemed to be competent to assess the risk adversity of the transitions related to this announcement.
- StratoVM expressly disclaims any responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from reliance on any information contained in the announcement, any error, mistake, omission or inaccuracy in any such information or any action resulting therefrom. Likewise, to the extent permitted by applicable law, all participants disclaim any right or cause of action against StratoVM that would result in any damages.
- This strictly and solely informational announcement is not to be construed as a recommendation or offer to engage in transactions or financial advice. Do not engage in any transaction or participate in any token, project or opportunity based solely upon information contained within this announcement.
- StratoVM does not make, and does not purport to make, any representations, warranties, or agreements of any kind to any person, legal or natural, including representations, warranties, agreements, or understandings as to the truthfulness, accuracy and completeness of the information contained in this announcement.
- Any projections, forecasts and estimates contained in this announcement are necessarily speculative in nature and are based upon certain assumptions. These forward-looking statements may turn out to be wrong and can be affected by inaccurate assumptions or by known or unknown risks, uncertainties, and other factors, most of which are beyond control. It can be expected that some or all of assumptions will not materialize or will vary significantly from actual results.
- The token distribution and token supply, as outlined in the Documentation and on Twitter, are indicative only and may be subject to reasonable adjustments based on further determinations. Do not treat any of this documentation as financial advice. We will not take any responsibility for its accuracy, errors, or any parts that may already be outdated.
Official Links
Website | Twitter | Discord | Telegram Announcements | Docs
