Loading...StratoVM is a DeFi-focused L2 platform on Bitcoin, representing the fusion of Ethereum’s DeFi expertise with Bitcoin’s unmatched security and decentralization. In DeFi, most users mainly operate on the Ethereum network, known for its high transaction fees and scalability issues. On the other hand, Bitcoin provides unparalleled security and decentralization but lacks smart contract capabilities and faces scalability limitations.
StratoVM aims to address these issues by providing a highly scalable and secure layer 2 platform built on Bitcoin for DeFi applications. It tackles the challenge of slow block time on Bitcoin by enabling faster and cost-effective transactions, thereby enhancing user experience.
t enables developers and users to migrate from the Ethereum chain to Bitcoin with low fees. Additionally, it introduces smart contract functionality to Bitcoin, empowering developers to create applications on the most secure and widely adopted blockchain network.
StratoVM offers Bitcoin layer 2 solutions. In preparation for the mainnet launch, they have initiated a testnet campaign for users to engage and potentially earn rewards. Still very early, so this is the right time to get positioned.
Step by Step Guide
Galxe #1
The StratoVM testnet campaign begins with a simple and straightforward galxe task where you can claim an exclusive badge.
– Visit: GALXE
Join Discord
– Join discord using the link: https://discord.com/invite/StratoVM
– By completing the previous galxe tasks we have already obtained the VanGuard role.
Add StratoVM testnet
– Open MetaMask and navigate to “Settings” > “Networks” > “Add Network”
– Add the StratoVM Network:
Network Name: StratoVM Testnet
RPC URL: https://bitcoin-l2-349313-testnet.tc.l2aas.com/rpc
Chain ID: 71620
Symbol: BTC
Block Explorer URL: https://bitcoin-l2-349313-testnet.tc.l2aas.com
– Click Save.
Request Faucet
– Head back to the Discord and click the request faucet channel.
– Input this command “!faucet” followed by your wallet address”
– Check your wallet faucet received.
Mint NFT
– Visit: https://nft.stratovm.io
– Connect your EVM wallet , pay the fees with the testnet faucet and mint your NFT.
Engagement
– Make sure you follow StratoVM on X.
– Stay active on the discord channel for more info.
That’s all for now. We hope you find value in this guide.
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