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Strike Stock

Strike

STRK

Price

0.14
Today +/-
+0
Today %
+0 %

Strike Whitepaper

  • Simple

  • Expanded

  • Experte

Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
UpbitSTRIKE/KRW6.3464,431.1454,217.1214.17 M1.61cex5317/9/2025, 6:23 AM
BithumbSTRIKE/KRW8.459,403.912,498.073.43 M0cex3117/9/2025, 6:20 AM
LATOKENSTRK/USDT0.1529,751.68160,275.2410,109.70.02cex1985/18/2025, 6:18 AM
MEXCSTRIKE/USDT8.3319.713.39936.350cex55/23/2025, 12:57 PM
UpbitSTRIKE/BTC6.48816.3728.038.660cex687/9/2025, 6:23 AM
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Strike FAQ

What is Strike (STRK)?

Strike is a decentralized finance (DeFi) lending protocol allowing users to earn interest on their cryptocurrencies by depositing them into various markets supported by the platform. Upon depositing tokens into a Strike market, users receive sTokens, representing their stake in the pool. These sTokens can be used to redeem the initially deposited cryptocurrency from the pool at any time. For instance, depositing ETH into a pool yields sETH in return. Over time, the exchange rate between these sTokens and the underlying asset increases, allowing users to redeem them for more of the underlying asset than initially deposited — this is the mechanism through which interest is distributed. Conversely, borrowers can secure a loan from any Strike pool by depositing collateral. The loan-to-value (LTV) ratio varies according to the collateral asset, ranging from 50% to 80%. The interest rate is asset-dependent, and borrowers risk automatic liquidation if their collateral value falls below a specified maintenance threshold.

Who Founded Strike?

Strike is a decentralized finance platform. The protocol does not allocate any supplies to the team or founders, and it is designed to be operated by the community, ensuring complete decentralization.

### What Distinguishes Strike?

According to Strike, the token distribution is designed to ensure maximum community involvement by not including allocations for venture capital, shareholders, or founders/advisors. Strike intends to introduce a mechanism called "Governors," which will have the ability to whitelist tokens for rapid market inclusion, enhancing the platform's scalability as a decentralized finance (DeFi) solution. What differentiates Strike from similar protocols is its community-driven governance model. Holders of its native governance token, STRK, have the ability to propose protocol modifications, engage in discussions, and vote on the implementation of suggestions from other community members—without any input from the Strike team. This process can involve decisions on supporting new cryptocurrencies, adjusting collateralization factors, and altering the distribution methodology of STRK tokens. STRK tokens are accessible for purchase on third-party exchanges, and they can also be acquired by engaging with the Strike protocol through actions such as asset deposits or loan initiations.

What is the Circulating Supply of Strike (STRK) Coins?

Similar to many digital assets, a fixed number of STRK tokens will permanently exist, with the total supply capped at 6,540,888 STRK. Currently, approximately one-third of these tokens, amounting to 2,540,888, are in circulation. From the total supply of 6,540,888 Strike tokens, 4 million tokens will be distributed to Strike users over an eight-year period. The precise emission rate of STRK is subject to modification over time, as voters have the ability to alter the emission rate by approving a proposal through community governance.

How is Strike Finance Secured?

All operations within the Strike platform are executed automatically via smart contracts. These contracts handle the minting of sTokens when Ethereum and ERC20 assets are deposited, and they facilitate the redemption of a user's stake using their sTokens. The protocol mandates a collateralization factor for every asset supported by the platform, ensuring that all pools remain overcollateralized at all times. Should the collateral drop below the required maintenance threshold, it is sold to liquidators at a 10% discount. This process aids in reducing the loan and restores the collateral to an acceptable level. This framework helps borrowers maintain appropriate collateral levels, offers a safety measure for lenders, and provides earning opportunities for liquidators. For more detailed information and data on the Strike crypto, please refer to Eulerpool.

Investors interested in Strike are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.