Stater Token Update — Redenomination & Redistribution

The past weeks were amazing for our team and big steps were taken into bringing the stater ecosystem closer to main-net. Moreover, our IDO is approaching — with a date to be announced in a matter of days.

Since these two big events will happen in a relatively small timeframe, our team has decided to implement Stater token redenomination sooner rather than later.

What this means for you and how will this change impact the tokenomics:

  • The ticker will change from STTR to STR.
  • The new contract address will be 0x84bb947fcedba6b9c7dcead42df07e113bb03007
  • The initial token price will be $0.06.
  • The initial market cap will be $500k.
  • The same vesting schedules will apply to the Team, Treasury and Governance token pools.

What happens if I have already received STTR tokens in my wallet?

All the contracts will be updated in the course of this week with more info to follow.

Thanks for reading and stay tuned for more updates! Don’t forget to stay in touch and follow us on Twitter, Telegram and Discord.