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Home»TRADING NEWS»Starknet airdrops 700 million STRK tokens to 1.3 million users
TRADING NEWS

Starknet airdrops 700 million STRK tokens to 1.3 million users

By Crypto FlexsFebruary 14, 20242 Mins Read
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Starknet airdrops 700 million STRK tokens to 1.3 million users
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The Starknet Foundation team announced the airdrop on February 20, 2024.

According to the project, distribution of native STRK tokens will be carried out among 1.3 million users. A total of 700 million STRK were allocated for airdrop, equivalent to 7% of the total supply of 10 billion.

The Starknet Provisions Program is designed to distribute STRK broadly to those who have made substantial contributions to the Starknet.

Here are some relevant details:

✨1.3 million addresses.

✨50% of tokens will be distributed to Starknet users.

✨Ethereum stakers until Merge,… pic.twitter.com/mANrSYHeG9

— Starknet 🦇🔊 (@Starknet) February 14, 2024

The reward is available to anyone who has made at least 5 transactions over 3 months, totaling at least $100, and has at least 0.005 Ethereum (ETH) in their wallet before November 15, 2023.

Additionally, ECMP program participants, Starknet developers, StarkEx users, Ethereum developers, EIP creators, Ethereum stakers, Ethereum Protocol Guild members, and GitHub developers are eligible to receive airdrops. Users can claim their tokens until June 20, 2024.

In early December 2023, the Starknet team announced plans to distribute 1.8 billion STRK to the project’s two ecosystem committees. Part of the funds will be used for initial distributions and the other half will be used to form a revolving fund. 900 million STRK will be allocated as return funds for community members. To distribute these tokens, the Starknet Foundation will create a special committee to reward users for “significant transactions on the network.”

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