Starknet Million Wallet Celebration! STRK tokens are finally being airdropped. Who qualifies to receive STRK?

The Starknet Foundation has finally announced the highly anticipated STRK token airdrop, revealing further details. This initiative will distribute tokens to nearly 1.3 million wallets, marking a new chapter for early adopters, Starknet enthusiasts, and the wider community within the Starknet ecosystem. Today, the Starknet Foundation released the official STRK distribution blueprint, offering the crypto community a new hope beyond the surging token prices.

Note: The STRK token distribution will commence on February 20, 2024, at 12:00 PM UTC, which is 8:00 PM Taiwan time. Claim your tokens on the Starknet mainnet at https://provisions.starknet.io/

Starknet: Pioneering Ethereum Layer 2 Solution

Starknet is a groundbreaking Ethereum Layer 2 network that advocates the ZK-Rollup solution, aiming to significantly enhance the performance of decentralized applications.

The launch of the STRK token is not just an asset; it is a beacon of decentralization and governance, designed to transfer control of the network to the community. Diego Oliva, CEO of the Starknet Foundation, stated, "The STRK token is our commitment to ensuring scalability based on STARK, enabling true decentralization to empower the community to lead the network into uncharted territories."

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Unprecedented STRK Token Airdrop

The STRK token will be available for claiming on the Starknet mainnet starting at 12:00 PM UTC on February 20, 2024, which is 8:00 PM Taiwan time on 2/20: https://provisions.starknet.io/

Approximately 1.297 million wallets will be eligible to claim their share of the STRK tokens, with the claiming period lasting for four months until June 20. With a total supply of up to 700 million STRK tokens, this accounts for 7% of the total token supply. The eligibility includes over 500,000 Starknet wallets, as well as 600,000 StarkEx users, 137,000 open-source developers, and 19,000 ETH stakers.

STAR Airdrop Eligibility and Beyond: Time Snapshot

The foundation has determined eligibility criteria based on the November snapshot assessing transaction volume and network interactions. Qualifications are based on a series of quantitative criteria, including a minimum cumulative transaction amount of $100, at least five transactions, and sustained activity within a specific timeframe.

Criteria: Users who executed 5 or more transactions, were active for 3 months or longer, had transaction amounts of $100 or more, and held 0.005 ETH or more in their account as of November 15, 2023, are eligible for rewards. Please note that the program aims to exclude wash trading. Details here