Airdrop

Layer 2 Starknet STRK Token Prepares For Upcoming Massive Airdrop

Key Points:

Starknet Foundation announces a distribution plan for native token STRK, with nearly 1.3 million wallets eligible for rewards.
The Starknet STRK token airdrop scheduled for Feb. 20 aims to distribute 728 million tokens, with users having until June 20 to claim their share.

The Starknet Foundation has announced its distribution plan for its native token, STRK, revealing that nearly 1.3 million wallets will be eligible for rewards. Scheduled for Feb. 20, the airdrop aims to distribute 728 million tokens, with users having until June 20 to claim their share.

Starknet Foundation Unveils Native Token Distribution Plan

The distribution targets various groups, including Starknet users, developers, Ethereum builders and stakers, and non-Web3 open-source developers. This inclusivity extends to Ethereum solo-stakers and liquid staking token users, reflecting Starknet’s integration with Ethereum.

Starknet, an Ethereum Layer-2 network utilizing ZK-Rollup for scaling decentralized applications, intends to utilize the token for network decentralization and governance.

The distribution will offer 1.297 million wallets the opportunity to claim the Starknet STRK token, with a total of over 700 million tokens distributed, accounting for 7% of the total supply of 10 billion tokens.

Starknet STRK Token Eligibility Extended to Non-Blockchain Developers

In a notable move, non-blockchain open-source developers are also eligible for the Starknet STRK token, marking a departure from typical airdrop protocols and promoting inclusivity. Early users of Starknet, Ethereum contributors, and open-source developers outside the Web3 ecosystem are among those eligible to claim the token.

This initiative aims to set a new precedent in inclusivity within the crypto space, fostering a broader community engagement beyond traditional blockchain circles. The foundation’s commitment to inclusivity and decentralization underscores its vision for a more accessible and participatory ecosystem.

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Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.