The Starknet Foundation is set to launch an airdrop, distributing millions of STRK tokens to eligible users.
The airdrop will take place on February 20, 2024, at 12pm (UTC). Eligible addresses will receive a portion of the 700 million STRK allocated for the program.
Note: The total supply of STRK is 1.8 billion, with 1 billion tokens allocated to the community.
Those eligible for the airdrop include:
- Active Starknet users
- StarkEx users
- Starknet community members
- Starknet developers
- Ethereum developers
- EIP authors
- Ethereum stakers
- Members of the Ethereum Protocol Guild
- GitHub developers
What is Starknet?
Starknet is a Layer 2 scaling solution for Ethereum, providing increased transaction speed and reduced costs. It employs zero-knowledge (ZK) technology to improve the efficiency and scalability of the Ethereum network.
What is the STRK token?
STRK is the native token of the Starknet network. It plays a crucial role in the ecosystem, enabling staking, participation in governance votes, and payment of transaction fees.
The Starknet Foundation emphasizes that the airdrop is a gesture of appreciation for the support and contributions of the Starknet community. The distribution of STRK tokens aims to empower users and foster the growth of the ecosystem.
The Foundation covers all claiming fees, ensuring a seamless and accessible airdrop experience for eligible recipients.
Disclaimer:
This article is for informational purposes only and does not constitute financial advice.
Trading cryptocurrencies involves significant risk, and individuals should conduct thorough research and exercise caution before investing.
Credit: BITboosters