Stratis (STRAX) is the native cryptocurrency token of the Stratis platform, a blockchain-as-a-service (BaaS) provider that enables organizations to develop, test, and deploy blockchain-based applications using the .NET framework. STRAX is used to compensate participants who support the network by staking, pay for transaction fees, and run smart contracts on the platform. The Stratis platform and its STRAX token were founded by Chris Trew, an entrepreneur with a background in enterprise IT and cloud computing.