Stratos
Crypto Overview
Overview
Stratos is a decentralized data mesh protocol that aims to provide a blockchain-based decentralized data architecture. The project's main focus is on creating a three-layer architecture for decentralized data services, consisting of a Proof-of-Traffic consensus layer, resource layer, and service layer.
Intended Utility
The STOS token serves multiple purposes within the Stratos ecosystem: It acts as a means of payment for network services, provides staking capabilities for network security, and enables governance participation. The token is essential for resource providers who stake STOS to participate in network operations and earn rewards for providing computing and storage resources.
Actual Usage and Development
The project has demonstrated consistent development activity, with regular GitHub updates and technical milestones. The mainnet launched in 2023, and the team has been actively developing core functionalities including their decentralized storage solution (SDS) and resource proof mechanism.
Token Distribution and Governance
The total supply of STOS is 100 million tokens. The distribution includes allocations for: Mining rewards (40%), Foundation reserve (20%), Team and advisors (15%), Private sale (15%), and Community and ecosystem (10%). Team tokens have a vesting schedule of 24 months with a 6-month cliff period, indicating reasonable measures to prevent immediate selling pressure.
Technology and Revenue Model
The revenue model is based on legitimate service provision rather than interest-bearing mechanisms. Network participants earn rewards through providing actual computing resources and storage services, which aligns with Islamic principles of fair exchange and value creation.
Crypto Impact
To assign a comfort level investing in Stratos from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Stratos.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.