Binance is set to support Stratis’s upcoming network upgrade and hard fork scheduled for June 11, 2025, marking a pivotal moment for the STRAX token and its ecosystem.
This upgrade will introduce masternode staking on Stratis’s mainnet, enhancing network security and incentivizing greater community involvement.
According to Chris Trew, Stratis CEO, “Stratis Mainnet Hardfork Scheduled for June 11th: Masternode Staking Arrives,” underscoring the significance of this technical milestone.
Binance supports Stratis’s June 2025 network upgrade, enabling masternode staking to boost security and community engagement for STRAX holders.
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The upcoming Stratis network upgrade, slated for June 11, 2025, represents a major enhancement by integrating masternode staking directly into the mainnet. This feature is designed to improve network resilience by encouraging token holders to participate actively in securing the blockchain. Binance has proactively announced the temporary suspension of STRAX deposits and withdrawals starting at 10:00 UTC on the upgrade day to facilitate a smooth and secure transition. This move highlights Binance’s commitment to maintaining operational stability during critical protocol changes.
Masternode staking is expected to significantly increase user engagement within the Stratis ecosystem by offering staking rewards and governance opportunities. This mechanism not only incentivizes holders to lock their tokens but also strengthens the overall security and decentralization of the network. Industry analysts view this upgrade as a strategic step that aligns with broader trends in blockchain governance and community-driven development. Binance’s technical support during this period ensures minimal disruption, fostering confidence among STRAX investors and users.
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Source: https://en.coinotag.com/binance-to-support-stratis-network-upgrade-and-hard-fork-introducing-masternode-staking/