![StarkWare changes lockup period for early contributors amid community concerns](https://crypto.news/app/uploads/2024/02/crypto-news-Top-7-AI-altcoins-shaping-2024s-Web3-landscape03-880x525.webp)
StarkNet News
Stay informed with Starknet (STRK) news today for comprehensive updates on the latest developments within the Starknet ecosystem.
Starknet (STRK) is a permissionless validity rollup that operates as a zero-knowledge rollup (ZK rollup) designed for Ethereum. Simply put, Starknet acts like a high-speed highway for Ethereum transactions, helping them move faster and more efficiently while maintaining security and privacy.
In the latest Starknet news, the platform announced its much-anticipated airdrop scheduled for Feb. 20, 2024. This initiative aims to distribute 700 million STRK tokens among 1.3 million users, marking a significant development in the Starknet ecosystem.
Eligibility for the airdrop requires active participation in the network, including engaging in at least five transactions over three or more separate months, with a total value of $100 or more. Additionally, participants must have possessed a minimum of 0.005 Ethereum (ETH) in their wallets prior to Nov. 15, 2023.
According to Starknet’s latest news, various stakeholders, developers, and contributors are entitled to claim their portion of tokens until June 20, 2024.
Stay tuned to Starknet news now for real-time updates.
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