š Starknet Foundation's Mega STRK Token Event: Coming to 1.3 Million Wallets on February 20th! š
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Get ready for an industry-defining moment as Starknet Foundation rolls out its native token, STRK, to nearly 1.3 million wallets on February 20th. Recipients range from early ecosystem dapp users to dedicated network contributors. Eli Ben-Sasson, Starknet Foundation board member and StarkWar CEO, proudly dubs this distribution the 'most expansive' in the industry.
Highlighting a pioneering move, Sasson notes that this is the first major distribution recognizing the 'symbiotic relationship' between Layer 1 and Layer 2 technologies. Ethereum stakers take the spotlight with the Provisions program, incentivizing engagement in Starknet's governance. The distributed tokens come with no lock-up, reserved for governance, voting, covering transaction fees, and potential future staking.
Starknet, a Layer 2 solution on Ethereum, leverages Zero Knowledge tech for scalability. In a first-of-its-kind move, the token distribution rewards Ethereum stakers and extends tokens to non-Web3 developers. The program also allocates tokens to early Starknet contributors, with top-ranking participants receiving a substantial 180,000 tokens.
This dynamic distribution, recognizing early contributors, adds a unique chapter to Starknet's journey - a celebration of innovation, collaboration, and inclusivity in the blockchain universe! š
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