Stratis expects StratisEVM to be available on February 1

According to official news, Stratis has started the token swap process. This step marks the transition from the STRAX blockchain to the new Ethereum-based StratisEVM ecosystem. The specific arrangements are as follows: The on-chain token exchange will last until 18:00 GMT on January 31 (these tokens will be distributed on the first day of StratisEVM launch); STRAX snapshot time: 18:00 GMT on January 31; StratisEVM launch date: February 1; Off-chain token exchange time: February 7 to December 29 at 9:00 GMT time. According to previous news, the blockchain technology company Stratis issued a document on the X platform stating that it has begun to convert to StratisEVM. Users holding STRAX will receive STRAT at a ratio of 1:10. Stratis previously announced plans to launch StratisEVM. As a Layer1 network, StratisEVM is a PoS blockchain based on Ethereum. It will also launch L2 solutions in the future, specifically focusing on high throughput and low finality to cater to the needs of games and DeFi protocols.