Let's talk about $STRK project
Starknet is a permissionless, validity-Rollup, also known as a zero-knowledge rollup (ZK rollup), for Ethereum. As a Layer-2 (L2) blockchain, it enables dApp to achieve “massive scale for its computation without compromising on Ethereum’s composability and security.”
Through the #strk cryptographic proof system, Starknet ensures low cost transactions while at the same time maintaining high performance. Additionally, the Starknet contracts and the Starknet OS are written in Cairo.
STRK Tokenomics & Other Details That's mentioned on Techopedia
STRK token has an initial total supply of 10 billion tokens.
STRK token does not have a fixed supply. When STRK token staking launches, new STRK tokens will be minted.
Inflation rate of STRK token from staking rewards will be capped at 4% per annum.
1.7 billion STRK tokens (17% of initial total supply) were allocated to StarkWare investors.
3.29 billion STRK tokens (32.9% of initial total supply) were allocated to StarkWare, its employees, consultants, and StarkNet software developer partners.
5.01 billion STRK tokens (50.1% of initial total supply) were allocated to the Stark Foundation for community airdrops, rebates, grants, strategic reserve, donations, and more.
1.314 billion STRK tokens allocated to early contributors and investors will be unlocked on April 15, 2024.
Further, 40 million STRK tokens allocated to early contributors and investors will be unlocked on April 30, 2024.
2.468 billion STRK tokens allocated to early contributors and investors will be unlocked in equal monthly installments over the next 31 months after April 2024.