Starknet Foundation: Will launch a token incentive program to distribute approximately $25.2 million worth of STRK tokens to projects with priority performance

ChainCatcher reported that according to Cointelegraph, the Starknet Foundation announced that as part of its new Catalyst program, it will distribute approximately US$25.2 million worth of Starknet tokens to the 21 best projects in the ecosystem.

Diego Oliva, CEO of the Starknet Foundation, said the project has chosen to reward the top user-facing protocols based on multiple factors, the weights of which are measured by the Starknet Foundation and independent third parties. The funding program aims to accelerate Starknet's innovation of Ethereum Layer2 scaling solutions based on zero-knowledge rollup technology. The funding will be divided into two categories, separating advanced projects from emerging projects on the network.

The top six best-performing projects eligible for funding include token launch platform Ekubo, DeFi protocol with gas-free transactions AVNU, on-chain strategy game Influence, on-chain gaming world Realms, DeFi protocol Nostra, an upcoming crypto super app, and decentralized perpetual futures exchange ZKX.