Post
Topic
Board Altcoin Discussion
Re: What to Do with Old Stratis Balance?
by
Maus0728
on 12/07/2022, 10:16:43 UTC
Sh8tcoin? Hhmm I am not really sure with that but afaik stratis was once a popular coin and a top coin.
Not until it isn't.

With a billion dollar market cap, the project definitely remain in the top 8 in CMC[1]. However, the.NET and C# smart contract platform they provide appears to have failed, and neither investors nor the developer community appear to be interested in the services they provide. Now, the stratis Dev team decided to initiate this nonsense involving a token swap and altering the inflation rate after they ran out of money and needed to re-fund their failing project[2].

[1] https://coinmarketcap.com/historical/20170604/
[2] https://www.reddit.com/r/stratisplatform/comments/izqdem/strax_voting_in_short/?utm_medium=android_app&utm_source=share

Swapping is also normal
Sometime it isn't, given their circumstances before they do the token swap. If the developer decides to change the concensus rules of a project, it is highly likely that it's failing in the first place.