AscendEX has officially listed Stratos (STOS), opening trading for the STOS/USDT pair. To celebrate the listing, AscendEX and the Stratos team have launched several limited-time promotional events running from 2:00 UTC on Nov 23 to 0:00 UTC on Nov 30, 2021, offering users a chance to share a STOS pooled reward worth 80,000 USDT.
About the Stratos Network
Stratos represents the next generation of decentralized Data Mesh, providing a scalable, reliable, self-balanced storage, database, and computation network. Designed to scale blockchain processing capacity while retaining the decentralized benefits of a distributed protocol—including trustless, traceability, verifiability, and privacy—the network uses Proof-of-Traffic algorithms to reward infrastructure participants based on network traffic. Stratos also employs its own blockchain to measure usage of computing resources (computation, storage, and network traffic) and integrates the network's Proof-of-Traffic consensus algorithm deeply with the Practical Byzantine Fault-Tolerant (PBFT) consensus algorithm, delivering settlement services and related financial payment services for providers and users in an efficient, fair, and transparent manner.
Role of the STOS Token
STOS is the native token of the Stratos network, facilitating value circulation throughout the entire ecosystem. The team behind Stratos has built enterprise-level data infrastructure and implemented several complex blockchain systems. Stratos is well-positioned to support data storage and adoption for developers and users in the expanding digital economy, striving to make decentralized data adoption easier for the blockchain industry and Web 3.0.
About AscendEX
AscendEX is a global cryptocurrency exchange with a comprehensive product suite including spot, margin, and futures trading, wallet services, and staking support for over 200 blockchain projects such as bitcoin, ether, and ripple. Launched in 2018, AscendEX serves over 1 million retail and institutional clients globally with a highly liquid trading platform and secure custody solutions. The exchange has emerged as a leading platform by ROI on its initial exchange offerings, supporting innovative projects from the DeFi ecosystem such as Thorchain, xDai Stake, and Serum. AscendEX users receive exclusive access to token airdrops and the ability to purchase tokens at the earliest possible stage.
For more information, visit www.AscendEX.com and follow official channels on Twitter, Telegram, and Medium. For more details about Stratos, visit www.thestratos.org or join the Discord community.