ETH Strategy wallet

What is ETH Strategy (STRAT)?

ETH Strategy runs a single trade in public. It raises capital through convertible debt, buys ETH with it, and holds that ETH in a protocol treasury deployed across staking arrangements. STRAT is the token representing a claim on that structure, and the design intends treasury ETH to grow faster than STRAT supply, so that each unit stands behind more ETH rather than being thinned by issuance. The convertible instruments behave like call options on STRAT, and their value is reduced as system debt rises, which is the mechanism meant to hold leverage inside a range without anyone intervening.

At the wallet level this is unusually simple. STRAT is an ERC-20 on Ethereum mainnet and nowhere else: no rebase, no wrapped twin on a rollup, no weekly claim to sign. The number in your wallet changes only when you move it. What changes is what stands behind that number, and that happens inside the protocol's contracts, not in your balance.

The mainnet part deserves respect, though. Every STRAT transfer is an Ethereum transaction paid in ETH at mainnet gas prices, which makes shuffling small amounts around genuinely wasteful. This is a position you set once and then leave.

Supported networks in Tangem (1): Ethereum. The key controlling it is generated inside the card and stays there, and rather than relying on a written phrase you can keep a second card carrying the same key in another building - a backup that survives years in a safe without fading, and that tells nothing to whoever opens the drawer. If you would rather also have a recovery phrase, that remains your choice. A holding meant to be left undisturbed deserves storage with the same temperament.