Strike Protocol is a decentralized perpetual swap trading protocol for every asset, with Uniswap-inspired Virtual Automated Market Makers (Virtual AMMs) and a built-in Staking Reserve which backs and secures the Virtual AMMs.
Like Uniswap, traders can trade with our Virtual AMMs directly without the need for counterparties. The Virtual AMMs provide guaranteed on-chain liquidity with predictable pricing set by constant product curves. Virtual AMMs are also designed to be market neutral and fully collateralized.
SKE holders can become stakers by staking the SKE tokens in their possession to Staking Reserve, which is used as the last line of defense to cover the unexpected losses from Strike. In return, stakers are rewarded with a portion of the transaction fees plus the staking rewards.