Starknet to airdrop 700m STRK tokens to 1.3m users

February 14, 2024 at 10:40 am

Edited by Dorian Batycka

News

Starknet to airdrop 700m STRK tokens to 1.3m users

The Starknet Foundation team announced an airdrop on Feb. 20, 2024.

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

The Starknet Provisions Program is designed for a broad distribution of STRK to those who’ve substantially contributed to Starknet.

Here are a few relevant details:

✨1.3 million addresses.

✨50% of the token distributed to Starknet users.

✨Ethereum stakers until the Merge,… pic.twitter.com/mANrSYHeG9
— Starknet 🐺🐱 (@Starknet) February 14, 2024

The reward can be received by those who made five or more transactions over three or more separate months totaling at least $100 and had 0.005 Ethereum (ETH) or more in their wallet before Nov. 15, 2023.

In addition, ECMP program participants, Starknet developers, StarkEx users, Ethereum developers, EIP authors, Ethereum stakes, Ethereum Protocol Guild members, and GitHub developers are eligible for the airdrop. Users can claim their rights to tokens until June 20, 2024.

In early December 2023, the Starknet team announced the plan to distribute 1.8 billion STRK among the project’s two ecosystem committees. Part of the funds will be used for the initial distribution, and the second 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 “vital transactions on the network.”