Get ready, crypto enthusiasts! The Starknet Foundation just announced a massive airdrop of their native token, STRK, to nearly 1.3 million wallets. This includes early users of Starknet dapps, network contributors, and even some Ethereum participants!

Starknet, for those unfamiliar, is an Ethereum scaling solution aiming to make decentralized applications faster and cheaper. Their new token, STRK, will play a key role in decentralizing and governing the network.

“STRK is designed to empower the community to run and manage Starknet,” said Diego Oliva, CEO of Starknet Foundation. “This airdrop rewards those who helped build and use our ecosystem from the start.”

The airdrop kicks off on February 20th, with eligible wallets having four months to claim their share of over 700 million STRK tokens (7% of the total supply). Who qualifies?

• Early Starknet users: If you actively interacted with Starknet dapps like dYdX or ImmutableX, you might be in luck!
• Ethereum contributors: Protocol Guild members, EIP authors, and solo stakers are also eligible.
• Open-source developers: Even developers outside the web3 world who contributed to Starknet’s open-source codebase can claim tokens.

In total, over half a million Starknet and StarkEx wallets, 137,000 open-source devs, and 19,000 ETH stakers qualify for the airdrop. The exact criteria considered transaction volume and network engagement, ensuring rewards go to those who truly supported the project.

This airdrop is just one of many community initiatives by Starknet. They recently launched a devonomics program and plan further incentives to boost ecosystem activity.

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Starknet is taking a significant step to empower the blockchain community. In the announcement regarding the distribution of over 1.8 billion STRK tokens, it was revealed that half of this amount would be allocated to a foundation, while the other half would be designated for users.

Highlighting the project’s commitment to social responsibility, Starknet will allocate 900 million STRK tokens to a foundation. This foundation aims to enhance Starknet’s global impact by supporting community-oriented projects and social activities.

The remaining 900 million STRK tokens will be directly distributed to users. This move is considered a gesture of appreciation to the community that contributed to the project’s success. This distribution is planned in the form of an airdrop.

Starknet is creating a dedicated page for the STRK token airdrop to users. The airdrop page is expected to open soon. Users can access detailed information through this page and participate in the distributions.

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The Starknet Foundation has made a major update to the distribution plans of the STRK token announced last year, revealing the STRK token airdrop distribution plans. The airdrop conditions had emerged especially with the videos leaked on social media the other day.

Based on previous activities, the Foundation highlights that the STRK token airdrop distribution is targeted at specific users and is planned to reward various contributions to the Starknet ecosystem. However, the preview shared on social media shows that the provision portal is still in the development phase and the shared screenshots contain draft plans.

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How to Get Starknet (STRK) Airdrop?

The Foundation states that the criteria for eligibility for the airdrop have not yet been finalized, but will include developer, community, and financial contributions to Starknet. Developer contributions community contributions, and financial support will be among the factors considered eligible to receive tokens.

The amount of tokens to be distributed will be determined based on the total value of the contributions made. The amount and quality of developer and community contributions and the amount of financial contributions will be among the factors affecting the amount of tokens to be distributed.

The Foundation, warning about scams, emphasized that they will not ask for personal information, and official information will be shared only through official channels such as their websites and social media accounts. For the sake of ensuring users’ security, it was strongly reminded to follow the information coming only from the official channels.

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