- The Starknet Foundation has confirmed an upcoming airdrop.
- Millions of STRK tokens will be distributed in the program.
- Only eligible users will be able to claim the airdrop.
The Starknet Foundation has announced a timeline for its much-anticipated airdrop, with millions of STRK tokens set to be distributed to around 1.3 million addresses.
Starknet is a zero-knowledge (ZK) Ethereum Layer 2 scaling solution built by StarkWare Industries, an Israel-based blockchain firm. Since the launch of its native token STRK in November 2022, the project has yet to unlock the tokens for trading or transfers.
Starknet Foundation Confirms 700M STRK Airdrop
According to a blog post shared on February 14, the Starknet Foundation will soon launch the Starknet Provisions Program to distribute over 700 million STRK to nearly 1.3 million addresses.
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“This is a portion of the 900 million STRK dedicated to the Provisions program (out of 1.8 billion STRK dedicated to the community in total),” The foundation wrote.
Users can claim STRK on Starknet Mainnet starting at 12pm (UTC) on February 20th, 2024. Those who stand a chance to claim the airdrop include “individuals who have demonstrated a track record of support for Starknet’s values.”
This includes Starknet users, StarkEx users, members of the Starknet community, Starknet developers, Ethereum developers, EIP authors, Ethereum stakers, members of the Ethereum Protocol Guild, and GitHub developers.
Per the foundation, the STRK token “is set to play an important role in several aspects of the Starknet network,” including staking, participating in governance votes, and paying transaction fees.
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The Starknet Foundation promised to cover all fees for claiming STRK via the Provisions portal.
Read why Starknet excluded the U.S. from its rewards:
Starknet Excludes U.S. in Rewards Plan Amid Regulatory Fears
Read this to learn more about Starknet’s STRK token:
Starknet Deploys Its STRK Token On Ethereum (ETH) Mainnet
