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The Starknet airdrop will be available for redemption at 8pm tonight! Official update of token STRK distribution

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2024-02-21 08:27:331010browse

The Starknet airdrop will be available for redemption at 8pm tonight! Official update of token STRK distribution

This site (120bTC.coM): Ethereum Layer2 Starknet announced an airdrop on the 14th, and will issue a total of more than 700 million $STRK to 1.3 million addresses at one time. I thought this was An airdrop that was "evenly distributed", but it caused a lot of criticism from the community, such as dissatisfaction with the airdrop standards (the wallet is required to store at least 0.005ETH), 900,000 eligible wallets belong to the Starknet team and its investment institutions, And in less than two months, 13.1% of the total supply of $STRK will be unlocked...etc.

Update $STRK Allocation

Yesterday evening (19th), the team issued a message to remind users of the time to receive airdrops. It also stated that it had made necessary adjustments to the allocation of $STRK after listening to the opinions of the community. Corrections, including re-correcting airdrop numbers for some users. First of all, the team stated that users who are eligible to receive airdrops can go to the official airdrop website to receive them after 8 o'clock tonight, Beijing time. The collection period will last for four months until the end of June 20.

As for the modifications to the $STRK distribution implementation, the team points out the following:

  • Due to a previous calculation error, for approximately 900 Ethernet users with multiple validators Individual validators on the blockchain count only count as one, and they will now receive a total of approximately 6.5 million $STRK.

  • Over 1,000 Ethereum independent validators who were previously misclassified will receive over 6.9 million $STRK.

  • Approximately 1,900 GitHub accounts were excluded for using improper means to obtain air investment qualifications. This correction allows more than 1 million $STRK to be reserved and may be distributed to the community in the future.

  • Addressed an issue on the StarkEx platform where the hosting company was able to claim airdrops using the keys of approximately 200,000 users. For these users, Starknet will provide detailed airdrop receiving procedures in the future.

The team also stated that the first task after this airdrop will be to deal with the problem of some active users being excluded due to the current airdrop standards.

The number of active addresses on Starknet dropped by 86%

It is worth mentioning that after Starknet announced the airdrop news, the number of active addresses on its network once surged. According to data from the Starknet blockchain browser, the number of active addresses on Starknet was as high as 226,576 on the 14th, an increase of 80% compared to the past three months. However, today after the airdrop was launched, the number of active addresses on Starknet has dropped to 17,911 , compared with an average of more than 100,000 active users from August to December 2023, this number is significantly lower than normal.

Although, the decrease in active addresses is not all without benefits, part of this decline may be due to the departure of users seeking airdrops (often regarded as parasitic users in the crypto community), and their departure may purify ecosystem, attracting a more dedicated and authentic user base, paving the way for building a more sustainable and engaged community, however this drastic drop also shows how serious the level of dissatisfaction within the Starknet community is , the Starknet Foundation announced yesterday (19th) that it will launch an ecological incentive plan on the 22nd and distribute 40 million $STRK tokens to the DeFi protocol. Whether it can save a large number of lost users deserves attention.

The Starknet airdrop will be available for redemption at 8pm tonight! Official update of token STRK distribution

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