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Strike's Native Token STRK at the Heart of DeFi Governance

Guavy AI Editorial Team
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Strike, the DeFi lending protocol, has a native governance token called STRK. The total supply of STRK is capped at 6,540,888 tokens, with approximately 5.7 million currently in circulation.

At launch, 3,000,000 tokens were distributed, and the remaining 3.5 million will be released over an 8-year period as protocol rewards. The emission rate can be adjusted through community governance proposals.

STRK holders have a say in the protocol's decision-making process, including voting on which cryptocurrencies to support and adjusting collateralization factors. This makes STRK central to Strike's decentralized governance model.

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