Over 1.3M addresses are eligible to claim STRK, making this airdrop the largest that crypto has ever seen. With an extensive list of qualifying actions used to determine eligibility, many outside the Starknet ecosystem will be delighted to find they received the drop…Step-by-Step Guide:Step 1Go to Starknet’s official eligibility websiteStep 2Scroll down past the eligibility criteria to the Check your Eligibility section. From the four options on the left, connect wallectStep 3If you’re eligible, the number of STRK tokens you can claim will be displayed.Step 6Select ‘See your allocation’. Eligible users are:Starknet users who’ve performed more than five transactions in total, were active for three months or more, transacted with $100 volume or more, and had 0.005 ETH or more in their account by November 15th, 2023Starknet early community membersStarknet developersStarkEx users such as users of dydx, Immutable, Sorare, and rhino.fi who’ve performed at least eight transactions before June 1st, 2022Ethereum contributors such as Ethereum Protocol Guild members, Ethereum developers, and EIP AuthorsETH stakers who’ve staked ETH with Ethereum’s proof-of-stake (PoS) model up until the Merge (September 15th, 2022) including solo stakers, stakers who used liquid-staking mechanisms or centralized exchanges and stakers who didn’t use a liquid staking mechanism or centralized exchange but aren’t considered solo stakers according to Rated Network.Open-source developers who’ve committed at least three times before November 15th, 2023, and with at least one commit between January 1st, 2018, and November 15th, 2023, to one of the top 5,000 GitHub projects (ranked by GitHub stars)The claim will go live on February 20th, 2024, at 12 pm (UTC) and will be available to claim until June 20th, 2024.You will need a Starknet wallet like the Argent wallet to claim the STRK tokens.What is STARK?STARK is a proof system. It uses cutting-edge cryptography to provide polylogarithmic verification complexity and proof size, quasilinear proof complexity, and minimal assumptions that are post-quantum-secure.What will the Starknet tokens be used for?The Starknet token will be used for paying transaction fees, participation in the Starknet protocol, and participation in governance. The rationale for each of these utilities is presented in our decentralization proposal, in the section titled “What will the tokens be used for?”Can one person be eligible for Provisions in more than one category?Recipients who are eligible for Provisions in more than one category can receive tokens for each category in which they qualify.Are there any tax implications for receiving Provisions?There may be tax implications for the recipients of Provisions, which may vary by jurisdiction. It is your sole responsibility to determine whether, and to what extent, any taxes apply to any transactions you conduct in connection with your use of the service, and to withhold, collect, report and remit the correct amounts of taxes to the appropriate tax authorities. Please consult a tax advisor in your country.#Write2Earn #TrendingTopic #Starknet

Starknet $STRK is a Layer 2 network built on top of Ethereum that uses the STARK cryptographic proof system to scale Ethereum and reduce transaction fees. It has the potential to revolutionize the blockchain industry by providing a faster, cheaper, and more secure platform for decentralized applications (dApps).Pros of Investing in StarknetScalability: Starknet can process significantly more transactions per second than Ethereum, making it a more viable solution for real-world applications.Security: Starknet inherits the security of Ethereum, as it utilizes the same underlying blockchain for final settlement.Lower fees: Transactions on Starknet are significantly cheaper than on Ethereum, making it more accessible to users and developers.Strong team: Starknet is backed by a team of experienced engineers and cryptographers with a proven track record in blockchain technology.Growing ecosystem: The Starknet ecosystem is rapidly growing, with new dApps and projects being launched all the time.Cons of Investing in StarknetEarly stage: Starknet is still under development, and its technology is not yet fully proven.Competition: There are several other Layer 2 scaling solutions being developed, and it is unclear which one will ultimately succeed.Token risk: The value of the STRK token is directly tied to the success of the Starknet network. If the network does not gain traction, the token could become worthless.Regulatory uncertainty: The regulatory landscape surrounding cryptocurrencies is still evolving, and it is unclear how regulations will impact Starknet.Overall, Starknet is a promising project with the potential to disrupt the blockchain industry. However, it is important to be aware of the risks involved before investing in STRK. Investors should carefully consider their own risk tolerance and investment goals before making a decision.Ultimately, the decision of whether or not to invest in Starknet is a personal one. There are both potential rewards and risks to consider, and investors should weigh these factors carefully before making a decision.#Write2Earn #strk #TrendigTopic #Starknet

🚀 Exciting News in the Crypto World 🌐📢

Starknet is making headlines with the launch of their Early Community Member Program (ECMP). Here's what you need to know:
🎁 ECMP will airdrop up to 50 million STRK tokens to individuals who:
1️⃣ Contribute significantly to technical discussions.
2️⃣ Participate in crucial ecosystem projects.
3️⃣ Organize Starknet-related events.
4️⃣ Regularly publish Starknet content.
While the token's value cannot be estimated due to its absence in trading, this reward system aims to foster Starknet's growth and community maintenance, especially in the current crypto winter.
To get your hands on STRK tokens, individuals and projects must apply for sponsorship and provide detailed information about their contributions. The registration period ends on 11/19/2023, and the list of recipients will be announced before 12/29/2023.
Here's how individuals meeting the criteria can participate:
📝 Step 1: Visit https://ecmp.starknet.io/ and log in with your Telegram account.
📝 Step 2: Fill in your details, including email, Discord, Twitter, GitHub, and wallet address.
📝 Step 3: Describe your contributions and submit them to the project.

Additionally, you can join Starknet's community at https://community.starknet.io/ and actively engage to increase your chances of receiving a Starknet airdrop slot.
Starknet Foundation, established in November 2022, holds a significant portion of the initial token supply, with 50.1% of the 10 billion STRK tokens. This amounts to approximately 5 billion STRK tokens.
Starknet, currently the sixth-largest Layer 2 blockchain with a total locked value (TVL) of $143 million, is a project to watch in the ever-evolving crypto space.
Stay tuned for more updates and opportunities in the crypto world! 📈🚀 #Starknet #Blockchain #CryptoCommunity

Part-1
🌐 Get ready for a thrilling lineup of Layer-2 crypto projects making their way to Bullrun 2024-25. These projects are set to revolutionize the blockchain landscape and offer incredible opportunities for investors. 🌐
🧵 Exploring Emerging Layer-2 Solutions and Their Innovations in this thread ⬇️🧵
1️⃣ Mode (MODE): Mode is the Modular DeFi L2 building the Superchain alongside Optimism. It empowers developers and users to grow an ecosystem of world-class applications, providing higher yields and new onchain economic systems. #Mode #DeFi
2️⃣ LightLink (LL): LightLink is an Ethereum Layer 2 blockchain enabling dApps and enterprises to offer instant, gasless transactions. The LL token serves as both a medium of exchange and governance tool. #LightLink #EthereumL2
3️⃣ StarkNet (STRK): StarkNet is an Ethereum layer-2 scaling solution using a zero-knowledge rollup based on StarkWare Industry’s trustless “STARK” proof. It enhances Ethereum's scalability and security. #StarkNet #ZKRollup
4️⃣ Manta (MANTA): Manta Network is a multi-modular ecosystem for zero-knowledge applications. It comprises Manta Atlantic (Layer 1) and Manta Pacific (Ethereum Layer 2), with plans to be the first zkEVM on Celestia using the Polygon CDK. #MantaNetwork #zkEVM
5️⃣ Mantle (MNT): Mantle Network is a DAO-spawned Layer 2 promoting the mass adoption of token-governed technologies. The MNT token is used for gas fees, ecosystem growth, and community governance. #MantleNetwork #DAO
6️⃣ Myria (MYRIA): Myria is an Ethereum Layer 2 scaling solution for NFTs, blockchain gaming, and more. Built with StarkWare, it offers instant trade confirmation and 0 gas fees for minting/trading NFTs. #Myria #NFTs
7️⃣ Arbitrum (ARB): Arbitrum is a Layer 2 scaling solution for Ethereum using Optimistic Rollup technology. It enhances speed, scalability, and cost-efficiency while maintaining Ethereum’s security. ARB is the governance token. #Arbitrum #OptimisticRollup
8️⃣ Optimism (OP): Optimism is a Layer 2 scaling solution for Ethereum. The OP token governs the Optimism L2 blockchain, driving rapid and sustainable growth of a decentralized ecosystem. #Optimism #EthereumL2
🌟 If You find this thread useful Repost it & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha 🦁🙏🏻
#CryptoSimbhaGems🦁🏹 #Layer2 #Starknet #MYRIAToken #Mantle $OP $ARB $MANTA

Starknet’s launch on February 14th grabbed significant attention, mainly because of its rewarding program. Early participants received more than 700 million STRK tokens, the project’s own cryptocurrency.
Cryptos Headlines Token Airdrop Is Live, Claim Instant 5000 CHT Tokens Worth Of $50 Free On CryptosHeadlinesToken.com

Yet, the launch faced controversies. Some community members claimed that the Starknet team sold off a large portion of their tokens, causing STRK’s price to fall below $2. Moreover, there were reports of problems with token distribution, adding to investors’ concerns and uncertainties.

Analyzing Starknet’s Development Activity
For a deeper insight into Starknet’s current status and future outlook, it’s essential to consider various indicators. One such metric is development activity, often measured by tracking code commits on public GitHub repositories linked with the network.
However, a worrying trend emerges when observing this metric. Data indicates a decrease in developer activity, suggesting a potential slowdown in the creation of new features and functionalities.

STRKUSD trading at $2.004 on the daily chart: TradingView.com
While this decline doesn’t necessarily spell doom for Starknet, it does raise valid concerns about the project’s long-term growth trajectory.

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Positive Signals for Starknet’s Future
Despite some negative sentiments, data from Santiment, an on-chain analytics platform, presents a more optimistic outlook. The stablecoin supply held by whales, referring to large investors, on the Starknet network has shown an upward trajectory, reaching 54 at the time of writing.
This increase indicates a boost in buying power among whales, potentially reflecting their confidence in Starknet’s future. This vote of confidence could potentially lead to a surge in STRK’s price. Moving forward, Starknet’s price could either stabilize or see a significant increase.
Also Read:   StarkNet (STRK) TVL Surges to $1.32 Billion After Token Launch
Simultaneously, Starknet’s climb to the fourth position among all launched Layer 2 projects on the Ethereum blockchain is noteworthy. This rise is fueled by a remarkable 194% surge in Total Value Locked (TVL) to $1.32 billion.
This rapid ascent not only underscores Starknet’s growth but also highlights the increasing confidence and adoption within its user base.
Starknet’s TVL Surge and Growth Narrative
The surge in Total Value Locked (TVL) underlines Starknet’s appeal, with users actively depositing and staking crypto assets. This activity contributes to the establishment of a robust ecosystem around the platform.
Starknet’s remarkable growth goes beyond mere statistics. It narrates the story of a platform gaining prominence in the competitive landscape of Layer 2 scaling solutions.
This ascent indicates that Starknet is not merely riding a wave of hype but is substantiating its value proposition. It potentially positions itself as a significant player in the Ethereum ecosystem.
As of the latest update, STRK was trading at $2.00, marking a 3.7% increase in the last 24 hours, according to data from Coingecko.

Cryptos Headlines Token Airdrop Is Live, Claim Instant 5000 CHT Tokens Worth Of $50 Free On CryptosHeadlinesToken.com

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

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