Starknet Provisions Program To Distribute 900 Million STRK Tokens To Community, Claim Now!

The Starknet Foundation is gearing up to launch the first phase of the groundbreaking Starknet Provisions Program, a strategic initiative designed to distribute 700 million Starknet Tokens (STRK) tokens to the community.

With approximately 1.3 million eligible wallets, including early users of ecosystem dApps, network contributors, Ethereum builders, and open-source developers, the Starknet Provisions Program is set to empower a broad community base.

STRK Token Distribution

Starknet, a Layer-2 network built on Ethereum, utilizes a ZK-Rollup solution to scale decentralized applications. The introduction of the Starknet Token (STRK) plays a pivotal role in decentralizing and governing the network.

Meanwhile, in this inaugural phase, more than 700 million STRK will be disbursed across nearly 1.3 million addresses, constituting a substantial portion of the overall 900 million STRK allocated for the Provisions program.

However, this distribution is part of the broader commitment of 1.8 billion STRK designated for the Starknet community.

Eligibility Check & Claim STRK

Starting from 12 pm (UTC) on February 20th, 2024, eligible participants will be able to claim their STRK on Starknet Mainnet. Meanwhile, interested individuals can verify their eligibility and explore the claiming process by visiting the dedicated Provisions portal at Starknet.io.

This user-friendly portal serves as a gateway for participants to understand their eligibility status and actively participate in the claiming process.

The launch of the claiming process marks a pivotal moment for community members to actively engage with and benefit from the Starknet ecosystem.

STRK Token Price Analysis

Currently, Starknet’s STRK token has witnessed a 1.5% uptick, now trading at $12.31, boasting a market cap of $55.03M. The 24-hour trading volume stands at $3.50M, with a circulating supply of 4.47M. Over the past 24 hours, STRK has seen a positive momentum of +1.68%.

However, some experts think the token’s value could go up a lot, maybe 263.90%, and reach $45.16 by the end of 2026.