Binance Earn has completed the Starknet (STRK) token distribution for eligible Binance Ethereum (Eth) Staking users. As confirmed through an announcement on its official site, the distribution allows selected users to obtain additional value as a part of their cryptocurrency investment on Binance.
Selected participants can verify the receipt of their distributed STRK tokens by accessing their accounts through the Binance Airdrop Portal. The distribution targeted users who held BEther (BETH) — Binance's native ETH staking token — in their Binance Spot and Funding wallets by the snapshot time of the qualifying round, which was documented on 2022-09-15 at 23:59 (UTC).
Starknet (STRK) tokens were distributed to chosen users based on a conversion ratio of 1 BETH to 10.26375 STRK. As part of the distribution plan, the Starknet Foundation granted Binance a total sum of 10,178,280 Starknet (STRK) tokens.