Starknet Unveils STRK Token Distribution: A New Era of Innovation and Empowerment

blank
Share with friends:

The crypto community is eagerly awaiting the reveal of the STRK token distribution plan by Diego Oliva, the CEO of Starknet. Starknet is a layer-2 scaling solution for Ethereum that uses its STARK technology to process and verify transactions. With Starknet poised to revolutionize decentralized applications (dApps) and empower users worldwide, the launch of STRK is expected to be a game-changer.

Don't miss out on more posts like this—subscribe now!

  1. What is the Pyth Network?
  2. What is the Pyth Network airdrop?
  3. What is the purpose of the Pyth Network airdrop?
  4. How is the PYTH token performing?

Key Details of STRK Token Distribution

Total Supply: 1 Billion Tokens

The STRK token boasts a total supply of 1 billion tokens. This substantial pool sets the stage for widespread adoption and participation within the Starknet ecosystem.

Distribution Breakdown

Starknet recognizes the pivotal role played by its community, developers, and stakers. Here’s how the tokens are allocated:

blank
Image source: Starknet
  • Users, Stakers, and Developers: A staggering 700 million tokens are earmarked for these essential stakeholders. Starknet’s commitment to inclusivity and decentralization shines through this generous allocation.

Community Commitment

Starknet’s ethos revolves around community-driven progress. Over 50% of the tokens are dedicated to users—a testament to the platform’s unwavering commitment to its supporters. Whether you’re a dApp enthusiast, a curious explorer, or a seasoned crypto aficionado, STRK invites you to be part of its journey.

The distribution of STRK tokens will start on February 20, 2024. Eligible wallet holders can participate and secure their stake in the Starknet ecosystem.

How to Claim

To participate in the Starknet airdrop, you need to meet one or more of the following eligibility criteria:

  • You are a Starknet user, an ECMP recipient, or a Starknet developer. You can check your eligibility by connecting your Starknet wallet to the Starknet Provisions portal.
  • You are a user of a StarkEx-based app, such as dYdX, Sorare, Rhino.fi, or ImmutableX. You can check your eligibility by connecting your account credentials to the Starknet Provisions portal.
  • You are an Ethereum user, a Protocol Guild member, an EIP author, or a solo staker. You can check your eligibility by connecting your Ethereum wallet to the Starknet Provisions portal.
  • You are a GitHub contributor, an open-source developer, or a web3 developer. You can check your eligibility by entering your GitHub username to the Starknet Provisions portal.

The claiming period for STRK tokens will be four months, starting on February 20, 2024, and ending on June 20, 2024. Eligible wallet holders can claim their tokens through the official Provisions portal provided by the Starknet Foundation. You can also take part in the 1 million STRK raffle by downloading the Braavos wallet.

For more information, explore the official announcements on Starknet’s website.

Share with friends:

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.