According to BlockBeats, on June 28, The Block reported that Nostra founder David Garai announced his resignation as CEO less than two weeks after his Starknet-based DeFi project airdropped tokens.
"I have resigned as CEO of Nostra," Garai posted the news on social media. "I will be taking a short break, my first in the past 4 years, and then I will be back. Stay tuned for my future plans."
Gerai made the decision just 11 days after Nostra’s NSTR token went live, prompting some community members to question the timing of his resignation, to which Gerai responded that he “did not sell a single token.”
According to Nostra, an additional 25% of the total NSTR token supply was allocated to the project’s treasury, 14% to future airdrops, 26.2% to investors, and 23.8% to the team. The project says these initial allocations, with no lock-up period, are the “fairest launch” in the cryptocurrency space.
