Strike is a DeFi lending protocol built on the Ethereum blockchain. It allows interest earning for users who deposit their cryptocurrencies within a non-custodial environment. The protocol enables users to control their digital assets always. However, they are directly bound by the project’s on-chain restrictions. Through its operability, Strike’s major objective is to allows users to earn interest from their collateral in two ways. The first way is to earn as a supplier. This means that by depositing tokens, you will receive sTokens. What you receive is a representation of your stake in the pool supported by Strike. Also, you can retrieve your initial deposits from the pool any time you wish. For instance, when you deposit BTC in a pool, in return, you get sBTC. Progressively, the exchange rate for the sTokens may increase after some time following the original cryptocurrency. In that case, you’ll be able to redeem more of the original cryptocurrency than you deposited. The excess amount represents the interest you have earned. The second way of earning is by borrowing other cryptocurrencies from the pool when you deposit your holding asset as collateral. There’s a variation in the maximum loan-to-value (LTV) ratio, which depends on the collateral cryptocurrency.