Strato

STRATO is a Layer-1 blockchain for decentralized finance backed by real-world assets, particularly tokenized gold and silver. The network launched on October 31, 2025, and is designed to let users use hard assets as collateral for credit and other onchain financial services without selling them; STRATO calls this approach “HardFi.”^[1]​^[2] Its smart contracts use Solidity syntax but run on SolidVM, STRATO’s own virtual machine, rather than the Ethereum Virtual Machine.^[1]​^[3]​^[4]​

概述

STRATO describes its origins as rooted in Ethereum and says it was built by early Ethereum contributors. The project has also described its development team as Ethereum veterans and said it had been building for 10 years as it entered a new phase for the network.^[2]​^[5] STRATO Foundation was incorporated on June 4, 2026. It is responsible principally for governance and ecosystem support. The Foundation is the sole shareholder of STRATO Nexus Inc., which is identified as the issuer of STRATO; the Foundation is also identified as the person seeking admission of the token to trading. The issuer is not expected to receive STRATO tokens at the token generation event.^[1]​^[6]​

In June 2026, STRATO Nexus Inc. held a pre-token-generation-event Community ICO through a Uniswap Continuous Clearing Auction on Ethereum. The white paper reports that bids exceeded 1,016 ETH across 577 bids from 292 wallets, while clarifying that the figure represents gross committed bids rather than net proceeds. The ERC-20 STRATO offered in the auction represents an entitlement to native STRATO at a 1:1 ratio after issuance.^[1]​

STRATO’s public code repositories include strato-platform, written in Haskell and described as the platform software, as well as a canonical token list for STRATO mainnet and a fork of the Blockscout blockchain explorer.^[7]​

Architecture and Consensus

STRATO maintains a replicated ledger: each node executes every committed block and holds the resulting state. The network accepts Ethereum-format signed transactions and provides the Ethereum JSON-RPC interface, but it does not accept EVM bytecode. Fungible tokens follow ERC-20 and non-fungible tokens ERC-721 standards.^{[1] [3]}

STRATO uses Practical Byzantine Fault Tolerant consensus based on Istanbul BFT. A proposer broadcasts a block and validators vote on it; the block is final when validators holding more than two-thirds of voting weight sign it. The protocol is designed to tolerate faulty validators holding less than one-third of that weight.^[1]​^[3]​

The validator set is recorded in an onchain governance contract. Before stake-weighted consensus is active, validators have equal voting weight and network administrators change the validator set by vote. STRATO’s node software supports a planned stake-weighted mode that can be activated at a predetermined block height. Under that mode, voting weight and proposer selection depend on stake bonded to each validator; entry requires a minimum stake, and the validator set is capped in size. Validators that repeatedly miss their turn to propose can be temporarily removed, but their stake is not slashed.^[1]​^[6]​

STRATO has described a staged expansion of validator participation and progressive decentralization, including external participation and a more broadly distributed validator set. Stake-weighted consensus and the wider validator participation plan are described as future steps rather than fully operating network features.^[1]​^[6]​

Applications and Ecosystem

STRATO calls its ecosystem the STRATO Orbit. It includes vaults and assets for GOLDST, SILVST, STRATO, ETH, WBTC and USDC, as well as gold and silver vaults. The STRATO App is presented as the interface for onchain finance, including buying metals, minting USDST, trading and earning. STRATO lists STRATO Odds for prediction markets, STRATO Play for onchain games and STRATOSCAN as a block explorer.^[2]​

STRATO Odds

STRATO Odds is a prediction market for gold and silver prices built on STRATO Chain. Its market factory creates markets with an asset, strike price, expiry and separate YES and NO outcome tokens. Depositing N USDST creates N YES tokens and N NO tokens; a complete pair can always be redeemed for 1 USDST, and the market holds the deposited USDST as collateral. Before resolution, users can merge paired YES and NO tokens back into USDST.^[3]​^[5]​

Orders are held in separate onchain escrow contracts rather than in a pooled order book. Selling NO at price q is equivalent to buying YES at 1−q. After a market expires, anyone can trigger resolution using the first platform PriceOracle price stamped after expiry. Each winning outcome token can then be redeemed for 1 USDST. A backend process checks for resolution every 15 seconds and another process matches overlapping orders; markets, tokens, orders, fills, resolutions and redemptions are recorded onchain, while the interface reads market and trading data from Cirrus ^{[3] [8]}​

STRATO Play

STRATO Play provides head-to-head games including rock-paper-scissors, Connect Four and a real-time street-fight game. Two players stake equal amounts of USDST; the winner receives the pot less a fee. A factory deploys a match contract, and the hub pulls the stake and verifies that it arrived. Match terms, show-up deadlines and reporting deadlines are recorded onchain.^[3]​

Gameplay runs offchain, including seating, clocks, hidden throws, the 60-frames-per-second fight engine, Elo ratings and matchmaking. A referee submits the result in one transaction; the contract then replays or re-scores the record and releases the pot. For Connect Four, the referee encodes the drops as three bits per column, and the contract reconstructs the board and checks for four in a row before paying the reported winner. The fight game is too fast to replay onchain, so its contract stores a replay hash that can be checked in a browser. Deadlines allow anyone to expire a match and refund the players if the referee does not settle it.^[3]​

代币经济学

$STRATO is the network’s planned native token, with a maximum supply of 100 million. Native issuance is anticipated at a token generation event in Q4 2026. Until then, ERC-20 STRATO on Ethereum is described as a non-transferable redemption token: it can be staked or unstaked on the STRATO platform and is intended to be redeemable for native STRATO at a 1:1 ratio after issuance.^[6]​^[1]​

Before native issuance, pre-launch staking is the only stated use of ERC-20 STRATO. The planned functions for native STRATO include validator staking, delegation, payment of network fees, borrower-fee benefits and tokenholder participation. The network currently charges transaction fees in USDST or vouchers; paying them in STRATO is planned. A proposed reduction in the stability fee for users minting USDST would depend on the STRATO balance in a wallet and would not require staking, but that benefit has not been implemented. The project says these planned uses depend on technical work and governance decisions and are not guaranteed.^[6]​^[1]​

Allocation

• Investors: 30.3%
• Ecosystem Rewards: 24.0%
• Team: 14.0%
• Pre-Launch Sales: 12.5%
• Ecosystem Fund: 7.7%
• Ecosystem Development: 6.0%
• Airdrop: 5.0%
• Advisors: 0.5% ^[6][1]

Assets and Financial Protocols

STRATO’s collateralized-debt-position system allows users to deposit tokenized gold, tokenized silver, crypto-assets or other tokenized real-world assets and mint USDST, an overcollateralized stablecoin denominated in U.S. dollars. The position’s collateral is valued against a required collateralization ratio. If its value falls below the minimum ratio, third-party liquidators can repay its debt and acquire its collateral at a discount. Repayment of USDST and the accrued stability fee releases the collateral.^[1]​

USDST can be swapped, lent, borrowed, held in a savings vault or supplied to liquidity pools. Borrowing, lending and swap fees are directed to validators and the protocol treasury.^[1]​^[6]​

GOLDST and SILVST represent tokenized gold and silver, respectively; each token is described as representing one troy ounce of metal. The white paper says the tokens are backed one-to-one by physical metal held in vaults and are physically redeemable.^[3]​^[1] STRATO has also described SILVST as backed one-to-one by audited silver bars held in New York and stated that it can be bridged to Ethereum, where it is an ERC-20 token traded on Uniswap.^[8]​