Starknet: the distribution of the STRK crypto will begin on February 20th.

Starknet will begin distributing its native crypto STRK starting from February 20th, with nearly 1.3 million wallets considered eligible to receive the rewards.

Starknet (STRK): revealed who can already claim the rewards of the crypto airdrop

The long-awaited crypto Starknet (STRK) airdrop is almost here. Starting from February 20th, over 1.3 million eligible wallets will be able to claim their rewards in the native STRK token.

“gm STRK.

Let us introduce: The Starknet Provisions program. The refund request starts on February 20, 2024, at 12:00 UTC. Check your eligibility.”

Currently, the Starknet Foundation has revealed that among the eligible for the program there are the first users of the dapps in the ecosystem, network contributors, Ethereum builders, and external open-source developers to web3.

Specifically, this is a first round of the Starknet Provisions Program, which involves the allocation of Starknet Tokens (STRK) to the community.

In practice, a portion of the 900 million STRK dedicated to the Provisions program (out of a total of 1.8 billion STRK dedicated to the community) will be distributed.

Starting today, anyone can verify eligibility on the Provisions portal, while airdrop requests will be possible for 4 months after the program launch, specifically until June 20th.

Starknet (STRK): how does the project work and its native crypto?

Starknet is an Ethereum Layer-2 network, which leverages a ZK-Rollup solution to scale decentralized applications.

The STRK will be used to pay for transaction fees, for staking, and to shape the long-term evolution of the Starknet protocol through participation in governance voting.

The Starknet Foundation believes it is important to involve the Starknet community as much as possible. In this regard, Diego Oliva, CEO of the Starknet Foundation, said:

“The STRK token was created so that scaling based on STARK can occur in a more decentralized manner. The token’s design helps Starknet be community-managed, and Provisions is a powerful means to achieve this goal.”

The STRK tokens that are not claimed during the dedicated four months (from February 20th to June 20th) will be recovered in the pool and distributed in future rounds and/or programs.