All you aficionados of cryptocurrencies, take note! Prepare to receive your 60 $Strike Coins for free with the Strike airdrop. The newest cryptocurrency airdrop available is this one, which is entirely genuine. Don’t pass up this chance to expand your portfolio with some free cash. Take advantage of this legitimate airdrop as soon as possible before it’s too late. Don’t hesitate any longer—join the airdrop now to receive some free cryptocurrency!
About Strike:
Strike is a decentralized money market forked from the Compound protocol and designed to focus scaling a larger availability of supported collateral and lower the threshold of entry for new collateral. With the current architecture and parameters of the Compound protocol there is a requirement of 100,000 COMP which is equivalent to approximately $15,000,00 to create a proposal to add a new asset into Compound with a required quorum of 500,000 COMP.
The Compound protocol recently enabled a mechanism where users can crowdfund the required COMP to make a proposal, but it still requires nearly $15 million dollars in COMP plus $60 million in COMP voted support quorum to pass. This does bring a higher level of security in adding non-qualified assets, but it does make the scalability of the platform hindered. With Strike, the barrier to entry becomes much more feasible to add more collateral without having to have a trade-off of lower security.
The value proposition in Strike is to enable elected governors, similar to delegates, who can white list which assets can be added into the protocol and then enable the community to vote on them. Governors are community members voted in by their peers with delegated STRK tokens. With the Compound protocol, there is a great deal of control to venture capital firms and early investors into Compound Labs. Therefore, the current distribution and dilution of COMP is very disproportionate.
This gives the company very centralized powers at this time. There are plans to distribute over 4 million COMP over 4 years to the platform users. It is estimated that by the end of this time, it is hoped that the platform is sufficiently decentralized, but there will still be huge control of the supply by institutions. With Strike, the token governance of the platform will be very distributed.
The governance process will be decentralized from the day the protocol is launched, with over 45% of the total maximum number of available tokens circulating. Strike presents itself with a max cap of 6,540,888 tokens and enabling approximately 3.5 million STRK to be mined through liquidity mining (farming) incentives on the Strike Protocol over a recommended period of 8 years. This will distribute STRK per block to platform users. With these token economics (“tokenomics”) the Strike protocol will be sufficiently decentralized at launch and the STRK token will have immediate utility within its platform.
Strike Airdrop:
- Reward: 60 $Strike
- Winner: For everyone
- Distribution: Instant within 24 hours.
- Note: Soon the airdrop will end; stay tuned for a new crypto airdrop link.
How to Claim a Strike Airdrop:
- To begin, chat with the Telegram Bot here!
- To earn airdrop tokens, complete all tasks under Telegram Bot’s guidance and after the airdrop ends.
- There is also the option of applying for a WalletSwap Airdrop.
Airdrop Rewards:
- Earn free 60 Strike coins for completing all tasks.
- Earn 30 $Strike coins for every referral.
- The minimum withdrawal is 200 $Strike coins.
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Note: Check out the video below for more information on how to claim the latest crypto airdrop!
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