What is Strips Finance? Complete information about the $STRP . token

• Strips Finance project overview
• $STRP . Token Overview
• summary

Strips Finance project overview

What is Strips Finance?

Strips Finance is a decentralized exchange using Zk Rollup technology built on Arbitrum . Strips Finance allows investors to trade interest rates through a derivative called an interest rate swap. With this tool, investors can convert flexible interest rates into fixed interest rates.

In a simpler way, Strips Finance will create a derivatives exchange, but instead of allowing investors to place Long/Short orders of crypto assets, with Strips Finance they will Long/Short billions. interest rates such as interest rates on loans, loans, insurance, etc. in the DeFi market .

What is Strips Finance?

Features of Strips Finance

Strips Finance's exchange supports up to 10x leverage. When starting to trade on this exchange, investors will deposit a certain amount of crypto assets. To minimize the risk of liquidation of these assets for investors, Strips Finance creates an insurance fund. When the market fluctuates, the deposited assets are at risk of being liquidated, Strips Finance will automatically use the insurance fund (Insurance Pool) to increase this margin to protect investors' assets. private.

However, in case of strong market volatility, if the insurance fund is not enough to maintain the position, the investor's assets will still be liquidated.

To maintain this fund, participants who stake $STRP and $USDC tokens into the STRP-USDC LP pool will receive 5% of the total revenue from transactions on Strips Finance and a portion of the profit when the collateral is liquidated. physical.

Investors of Strips Finance

Strips Finance has attracted many large investment funds such as Defiance Capital, Fabric Ventures, Morningstar Capital, Crypto.com Capital, Multicoin Capital, Apollo Capital, Digital Strategies, Efficient Frontiers, FollowTheSeed, LD Capital, MetaCartel Ventures, Okex Blockdream Ventures, Rarestone Capital, SevenX Ventures…

Investors of Strips Finance

Development roadmap of Strips Finance

• 3rd quarter of 2021 : Strips Finance officially released DEX
• Q4 2021 : The project will launch more Staking features on DEX
• Q1 2022 : Strips Finance will introduce its new product and NFT
• Q2 2022 : Strips Finance introduces bonds and other new products
• Q3 2022 : The project will launch the interest rate option feature on DEX

Development roadmap of Strips Finance

$STRP . Token Overview

What is the $STRP token?

$STRP is the official token of Strips Finance, it is used to:

• Payment of transaction fees : Investors can use $STRP to pay for trading activities on Strips Finance.
• Governance : $STRP owners have the right to participate in the system administration process as well as they can contribute ideas to help developers build the Strips Finance project.
• As Collateral : Investors can bring $STRP as collateral on Strips Finance to borrow other crypto assets and start making derivative transactions.

Some information about the token $STRP

• Token Name : Strips Finance
• Ticker : STRP
• Blockchain : Updating
• Token Standard : Updating
• Smart contract : Updating
• Total Supply : 100,000,000 $STRP
• Circulating Supply : Updating

$STRP . Token Allocation

• Team : 15%
• Seed Investors : 10%
• Advisors : 2%
• Private Round : 10%
• Treasury : 15%
• Public IDO : 1%
• Community : 47%

$STRP . Token Allocation

$STRP . Token Allocation Schedule

All $100,000,000 STRP will be distributed within 40 months. The detailed $STRP token allocation route is shown in the figure below.

$STRP . Token Allocation Schedule

Information about the $STRP . token sale

According to the latest announcement on September 30, Strips Finance will open the $STRP token sale on October 13. The total amount of $STRP sold in this round is 1,000,000 $STRP. Strips Finance will organize a token sale through IDO on Polkastarter , the condition to buy $STRP tokens is that investors must hold at least 250 $POLS within 7 days until Whitelist results are available.

Information about the $STRP . token sale

summary

Thus,  TraderH4  has just brought you all information about the Strips Finance project and the $STRP token. With a unique idea, Strips Finance has attracted a lot of attention from investors. The proof is that after 2 times of raising capital, Strips Finance has collected US$ 11 million from more than 15 large investment funds. With the above information, hopefully you have been able to judge the potential of the project in the future to make the right investment decision for yourself.

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