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The Starknet Foundation recently announced a remarkable initiative: the Starknet Provisions Program. This groundbreaking move will see over 700 million Starknet Tokens (STRK) distributed to a diverse community of nearly 1.3 million recipients. It’s a leap towards further decentralizing the network, with a total of 1.8 billion STRK earmarked for the community.
From February 20th, 2024, at 12 pm UTC, eligible individuals can claim their STRK on the Mainnet through the official portal, with a four-month window to do so. Unclaimed tokens will roll back into the pool for future distribution rounds.
STRK Token
STRK is not just another digital asset; it’s a vital piece of the Starknet ecosystem. Token holders will leverage STRK for transaction fees, staking, and actively participating in governance votes. This token is a linchpin for maintaining the decentralized ethos of the platform, providing a voice to its dedicated user base.
The STRK token serves as the cornerstone of Starknet’s economic and governance structure, with a total supply capped at 10 billion tokens. These tokens are meticulously allocated to secure the network’s long-term viability and to incentivize various stakeholders within the ecosystem. A significant portion of STRK is set aside for community incentives, ensuring that developers, users, and supporters are rewarded for their contributions to the network’s growth and security. Transaction fees on the network can be paid in STRK, providing a practical utility that promotes token circulation.
Moreover, governance is a critical aspect of STRK’s functionality, granting token holders the power to vote on key decisions and influence the future direction of the Starknet protocol. The tokenomics are designed to foster a decentralized environment where active participation is rewarded, aligning the interests of individual stakeholders with the overall health and success of the Starknet ecosystem.
Who is eligible for Starknet STRK airdrop?
Here are the groups that can claim STRK via Provisions:
Starknet Foundation Free giveaway
