Stratos Formed an Alliance with Amy Finance

Stratos is joining forces with Amy Finance to integrate Stratos decentralized storage to store the digital assets for the NFTs. Amy Finance is a Layer 2 based & LP-friendly Lending Protocol.

This strategic partnership will bear witness Stratos providing the ultimate storage solutions to ensure the reliability, ownership, and privacy of the NFT assets associated with Amy Finance Mining Pool. Moreover, this collaboration also marks Stratos’s commitment and capability to power more NFT projects with their decentralized storage solution.

Step 1: All creations will be uploaded to the Stratos network. Stratos network will return a hash code that uniquely identifies the creation and a permanent Stratos URI to retrieve the creation (ex. A photo) using the hash.

Step 2: Once Golden Cat NFT is minted, a creation will be assigned to the NFT and the permanent Stratos URI will be added to the tokenURI field of the NFT. Anyone can use the tokenURI to retrieve the Stratos URI and then locate the creation itself.

Step 3: NFT buyers could verify the photo from the NFT’s tokenURI. Once the NFT is successfully transferred from the original owner to the buyer, the ownership of the photo was also transferred to the buyer and the buyer won’t need to worry about the availability and ownership of the photo since he can also retrieve and present the photo in his own way.

The flowchart of how Amy’s Golden Cat NFT will be stored on Stratos Decentralized Storage

“As the most efficient decentralized storage solution, Stratos will isolate the valuable NFT digital asset from the centralized storage solution and leave the full ownership to the owner, it not only could store the asset quickly, also can stream the asset high efficient as well. Stratos is the best vault solution of NFT digital asset.” Regarding this partnership, founder of Stratos, Bin said.

NFT storage as an important use case of Stratos Data Mesh, we are devoted to partnering with more NFT projects to apply this cutting-edge storage solution and unlock the full potential of on-chain and off-chain digital assets storage in a fully decentralized manner.

About Amy Finance:

Amy Finance is a Layer 2 based & LP-friendly Lending Protocol. It’s a fair launch project without presale and private investor. As a community-driven project, Amy Finance helps users to earn safe and high yields. By staking assets into the Assembly pool, each LP/Staker will receive the interests generated from lending and leverage trading without any loss. Moreover, users can borrow assets from the pool and conduct margin trading in one app. The transaction fee will be extremely low owing to the L2 native design. The design of Amy Finance can lift the revenue and maintain the same level of fund security as the classic lending protocols do.

About Startos:

Stratos is the next generation of decentralized Data Mesh that provides scalable, reliable, self-balanced storage, database, and computation network. Stratos is born for scaling blockchain process capacity while retaining the decentralized benefits of a distributed protocol including trustless, traceability, verifiability, privacy and etc.

📰 INFO 

https://stratos-network.medium.com/stratos-and-amy-finance-partner-to-power-nft-mining-pool-with-stratos-decentralized-storage-c825ae7b8c65

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