strike logo download PNG or SVG

Information about strike

Strike is a decentralized finance lending platform that allows individuals to earn interest on their cryptocurrencies by depositing them into various supported markets. When tokens are deposited into a Strike market, users receive sTokens in return, which represent their ownership in the pool. These sTokens can be exchanged for the originally deposited cryptocurrency at any time. By depositing ETH, for example, users receive sETH in return. Over time, the value of sTokens increases, allowing users to redeem them for more of the underlying asset, resulting in the distribution of interest. On the other hand, borrowers can obtain a secured loan from any Strike pool by providing collateral. The maximum loan-to-value ratio varies depending on the collateral asset, ranging from 50 to 80%. The interest rate paid is determined by the borrowed asset, and borrowers may face automatic liquidation if the value of their collateral falls below a specific maintenance threshold.

For those who want to download the Strike logo, we have compiled a list of all the major cryptocurrencies in PNG and SVG format. Our collection includes logos for Bitcoin, Ethereum, Litecoin, Ripple, Dash, Monero, Zcash, and many more. All of them are available in PNG format. And if you want to show support for one of the cryptocurrencies, our collection of logos is at your disposal, including the Strike logo.