ETH Strategy Protocol Raises $46 Million Ahead of STRAT Launch

• ETH Protocol raises 12.342 ETH
• STRAT will launch with liquidity on Uniswap v4
• Project focuses on leveraged exposure to Ethereum

The native STRAT token is scheduled to launch at 9 AM ET next Tuesday. Liquidity will be added to Uniswap v4 through a single-sided pool that will feature an ATM mechanism, the project team announced.

According to the organizers, the majority of the funds—11.817 ETH—will be allocated to the protocol's core operations. Among the planned uses are ETH staking and liquidity provision, core elements of the ETH Strategy proposal. The remaining 525 ETH will be used for operational expenses, such as security audits, team compensation, and community development initiatives.

The different sale categories offered the STRAT token with different conditions, including a four-month lock-up period and linear release of assets over two months following the token generation event.

According to the official website, ETH Strategy is designed to provide "leveraged exposure to ETH without the traditional risks associated with margin closeouts or extreme volatility." To achieve this, the protocol utilizes a structure based on convertible debt issued within the system itself, combining this model with market strategies similar to those used by platforms like SharpLink and BitMine.

The protocol's accumulation mechanism aims to attract investors interested in Ethereum-focused treasury strategies, offering alternatives that eliminate the risk of margin calls and reinforce return stability. The launch of STRAT is expected to reinforce the operating model based on programmed liquidity and synthetic exposure to ETH.