The Starknet Foundation has declared an upcoming airdrop of its STRK tokens targeted at a wide array of network participants, boasting a collective count of approximately 1.3 million wallet addresses. This move aims to reward early users of decentralized applications (dapps), network contributors, and various other stakeholders. The foundation’s announcement included the release of the official draft regarding the STRK Airdrop, providing users the opportunity to assess their eligibility for the forthcoming token allocation.
Impending STRK Airdrop Rewards Early Supporters
Set to commence on February 20th, the STRK Airdrop plans to reward 1.297 million wallet holders with tokens. Recipients are granted a four-month window, concluding on June 20th, to claim their share of over 700 million STRK tokens, representing 7% of the total 10 billion tokens in existence.
Starknet CEO Diego Oliva asserts that the STRK token will facilitate a more decentralized network and steer a path for decentralized governance structures. Ben-Sasson, a central member of the initiative, expressed gratitude to community members who have engaged with STARK technology and StarkEx-supported dApps like dYdX, ImmutableX, Rhinofi, and Sorare since StarkEx’s inception in 2020.
Comprehensive STRK Airdrop Embraces Diverse Contributors
The airdrop encompasses a host of participants ranging from Starknet pioneers, Ethereum community members—including those affiliated with the Protocol Guild, authors of Ethereum Improvement Proposals (EIP), and individual stakers—to open-source contributors outside of the Web3 sphere. Analysis of eligibility data reveals that over half a million Starknet users, 600,000 StarkEx users, 137,000 open-source developers, and 19,000 Ethereum stakers are set to benefit from the STRK airdrop.
Criteria for user eligibility take into account factors such as the volume and frequency of transactions on the network, with a specific condition requiring a minimum of $100 in cumulative transactions. The token distribution strategy is part of a series of community-based ventures within the Starknet ecosystem, which also includes programs like the developer economics initiative that took off in December. Upcoming strategies like refunds and subsidies are designed to further bolster activity within the ecosystem.