- Starknet has set February 20 because the date for the distribution of the STRK token.
- The variety of wallets eligible to assert STRK is roughly 1.3 million.
- Starknet has allotted a complete of 1.8 billion STRK for the distribution.
The Starknet Basis has detailed its plans for the distribution of the STRK token in at this time’s announcement. Starknet is an Ethereum Layer-2 community that makes use of a ZK-rollup resolution to scale decentralized functions.
In line with the announcement, roughly 1.3 million wallets, together with Starknet customers, builders, neighborhood contributors, and others, are eligible to obtain an airdrop. The token, as per the shared particulars, will contribute to the decentralization and governance of the community.
Starknet said that the airdrop begins on February 20, 2024, and can final till June 20. To test if they’re eligible for the airdrop, customers have been launched to the Provisions portal.
The Starknet Basis said that out of the allotted 900 million STRK tokens for the preliminary distribution program, 700 million STRK tokens might be distributed. Moreover, it was talked about {that a} whole of 1.8 billion STRK tokens (18% of the entire provide) have been allotted for distribution.
Within the Starknet announcement, it was famous that customers who contributed to StarkEX, a Layer-2 scalability engine, have been additionally eligible for the airdrop. Customers who carried out a minimum of eight transactions with StarkEX earlier than June 1, 2022, have been eligible, which amounted to over 500,000 Starknet wallets.
Person eligibility for the distribution was decided primarily based on survey standards measuring the frequency of communication with the community and the variety of interactions customers had on the community as of November. Starknet’s STARK system has been reviewed by Ethereum’s founder, Vitalik Buterin.
The airdrop {qualifications} for Starknet’s STRK token primarily cater to a few teams: Starknet customers, builders, and ecosystem contributors; Ethereum builders, stakers, and open-source builders.
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