Source: STRKUSD Chart by TradingView
Strike is a DeFi lending protocol that allows users to earn interest on their cryptocurrencies by depositing them into one of several markets supported by the platform.
Strike is designed to protect the equilibrium between borrowers and suppliers by allowing liquidators to handle bad vaults and collecting a premium for stabilizing the protocol. Strike users are in control by interacting with the STRK utility token to govern and operate the platform with consensus.
Lighting network provider Strike expands to Philippines
The Philippines, with a remittance market of $35 billion, is one of the world’s largest.
Gala Games strikes partnership with Fortnite creator Epic Games amid Valve ban on blockchain games
Gala Games will publish its titles on the Epic Games Store to bring Web3 gaming to the masses.
Strike joins Shopify in massive push for Bitcoin’s Lightning Network adoption
The new partnership aims to enable “low-cost, instant, global payments for merchants” using Bitcoin.
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