Deepcoin, a global cryptocurrency derivatives trading platform, is excited to announce the listing of Stratos on its platform. The first futures listing for STOS/USDT is ready for trading from 2023-11-28 21:00 (UTC+8), while spot trading started from 2023-11-30 22:00 (UTC+8).
About STOS
STOS represents the token of the Stratos project, accessible as an ERC-20 token on both the Layer-1 Stratos chain and the Ethereum chain, with a maximum supply of 100 million. Since the Stratos chain is EVM compatible, STOS can also be accessed from any EVM compatible chain. STOS token is an innovative digital asset designed for numerous decentralized applications in the blockchain ecosystem. Unlike traditional cryptocurrencies that focus solely on transactions, STOS stands out as a versatile token that aims to revolutionize decentralized data management and storage.
STOS token helps address persistent data storage challenges faced by blockchain networks. Current blockchains require extensive ledger keeping at each node, which imposes limitations on overall storage capacities. This creates a significant bottleneck as each node’s local storage determines the storage limit of the blockchain, preventing the expansion of storage capabilities and thus bloating the blockchain over time.
STOS aims to overcome this problem by providing solutions that overcome these storage limitations and provide efficient scalability without sacrificing decentralization. The STOS token powers Stratos, a web3 project pioneering next-generation decentralized infrastructure that encompasses a scalable and reliable all-in-one network providing storage, database, compute networks, and blockchain to deliver an attractive solution that meets the evolving needs of the digital economy.
This mechanism powers a high-performance decentralized storage network driven by hot data, meeting the growing demands of various Dapps, and this evolution is poised to offer unparalleled scalability for the blockchain and Web3 ecosystem while preserving the decentralized essence inherent in distributed protocols.
The STOS token’s adaptability and usage go beyond mere transactions, enabling a range of services such as fee payments, miner incentives, and resource consumption verifications. As the cryptocurrency supporting the Stratos project, STOS emerges not only as a medium of exchange, but also as a key element driving the innovation and sustainable growth of decentralized data storage solutions.
Deepcoin CEO Ego Huang reflected his optimism towards the collaboration in his statement regarding the recent listing of the STOS token on the DeepCoin cryptocurrency exchange. “The addition of the STOS token to our exchange marks an exciting milestone for us and the broader crypto community,” Huang said.
About Stratos
At the core of the Stratos project lies a visionary concept ready to redefine the decentralized data infrastructure landscape. This next-generation decentralized infrastructure has been meticulously designed to overcome the limitations of existing blockchain infrastructure while retaining its inherent benefits. Stratos pioneers management services covering indexing, routing and auditing tasks by offering a meta-service layer supported by Proof-of-Authority mechanisms. This meta-service layer enables maintenance of multiple copies of files across the P2P network, significantly improving reliability and availability. This also redefines the concept of traditional storage network, elevating it to a decentralized data network, ensuring efficiency and reliability.
Consisting of decentralized storage, database and compute components, Stratos also offers a versatile approach to processing various types of data. From structured to unstructured data, Stratos uses proprietary processes to enhance data querying and manipulation, increasing its utility across a variety of use cases. Stratos decentralized storage is designed to store hot data, whether it’s video, audio, documents or your Decentralized Application code. Seamless collaboration between the blockchain layer and the source layer underpins this comprehensive decentralized data ecosystem, providing comprehensive services from fee payments to customizable PaaS and SaaS offerings.
By leveraging the Stratos Decentralized Cloud, users can gain access to computing resources traditionally monopolized by centralized organizations and foster a paradigm shift towards decentralized computing.
This innovative approach builds a network of small interconnected data centers to deliver efficient, localized services while empowering users by democratizing access to resources. This enables Stratos to pioneer a new era in the information age, where decentralized storage becomes the cornerstone of a more accessible and equitable digital environment.
Stratos recently announced its successful integration with Polygon’s Solution Provider Network (SPN), a significant step towards strengthening decentralized infrastructure. This new collaboration aims to accelerate dApp development and deployment by facilitating connections between developers and critical infrastructure elements such as oracles, bridges, RPC providers, and wallets. Committed to empowering Web3 developers, Stratos aims to increase decentralized storage efficiency by leveraging Polygon’s expertise in its dynamic ecosystem. The collaboration aims to increase accessibility, scalability and efficiency in decentralized data storage and lay the groundwork for a more flexible web3 infrastructure.
For more information:
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About Deepcoin
Deepcoin is a leading cryptocurrency derivatives exchange known for its relentless innovation and long-term value proposition, committed to providing users with a safe, efficient and innovative trading experience. Founded in 2018 by industry veterans and former executives of well-known companies, Deepcoin has facilitated a cumulative transaction volume exceeding US$ 1 trillion, bringing together more than 3 million registered users in 30 countries.
With broad support for global fiat deposits, Deepcoin enables direct purchases of major cryptocurrencies and offers a range of trading options for over 100 cryptocurrencies. Its user-friendly platform includes spot trading, perpetual contracts, reverse perpetual contracts, and DeFi financial management savings, backed by 24/7 multilingual customer support, empowering individuals and institutions to navigate the digital asset market with confidence and ease. Deepcoin continues to redefine the crypto trading landscape by delivering unique innovations and exceptional user experiences.
For more information:
Website | Twitter | Telegram
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