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Use Cases
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Lending and borrowing of crypto assets through a decentralised platform.
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Earning interest on deposited cryptocurrencies.
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Governance participation, allowing token holders to propose and vote on protocol upgrades.
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Collateralized loans without the need for intermediaries.
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Enhancing liquidity in the crypto market by enabling asset utilization.
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Yield farming and generating passive income through DeFi activities.
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About
Strike (STRK) is a decentralised finance (DeFi) protocol built on the Ethereum blockchain, designed to facilitate the seamless borrowing and lending of cryptocurrencies. Initially launched to address inefficiencies in traditional finance through smart contract-enabled decentralised applications, Strike enables users to earn interest on their crypto holdings while also allowing them to borrow against their collateral. By integrating a proprietary governance model, STRK token holders participate in the decision-making process to guide future developments and improvements within the protocol. Strike leverages the power of DeFi to provide a decentralised, permissionless alternative to traditional banking systems, thus empowering users with more control over their financial assets.