Starknet reveals details of 1.3 million eligible Ethereum wallets

Ethereum's layer-2 staking network Starknet has released information about the highly anticipated. Simulation air dropIt will now officially start on February 20.

About 1.3 million wallets will be eligible to receive free tokens during the weather, according to the Starknet Foundation, which refers to the event as an “event program.” Users range widely from Starknet users and developers to users. Decentralized applications (Dapps) connected to the network, as far as Ethereum stakeholders have no exposure before Starknet.

Many users are eager to receive STRK packages, the new native token of the network – but due to their potential value on secondary markets, those behind the airport emphasize the importance of the token to support the new management structure of the STRK network, which the STRK tokens represent. The power of choice.

“This is part of the decentralization process at a very high cost,” said Eli Ben-Sasson, founder and CEO of Starkware. Decrypt. It is evolving in a truly democratic way, bringing greater stability to the network.

All told, 1.8 billion STRK tokens will be distributed to users across Ethereum, who will have between February 20th and June 20th to redeem their allocated crypto tokens.

Individuals who used or grew up on STRKnet before November 15th will stop earning between 500 and 180,000 STRK for their activity level on the network.

The largest allocation in this category is reserved for the more than 2,000 individuals admitted to the Starknet Early Community Members Program after proving their contribution to the network in its infancy. A calculator on Starknet A website allows users to define their specific categories.

Users of Dapps powered by StarkNet's predecessor, STARX X, are eligible to collect 111.1 STRK as long as they use those Dapps before June 1, 2022. Those apps include lending and borrowing platform. dYdXa gaming-centric layer-2 network An unchanging XLayer-2 bridge Rhinophyand the fantasy football game on the chain sister.

Ethereum developers, contributors, and stakeholders are eligible to receive STRK tokens—even if they've never touched StarkNet or a StarkEx-powered application.

Ethereum stakeholders who started running nodes before the network 2022 Event integration 1,800 STRK per authenticator, can accept up to 12 authenticators. Ethereum's had a stake before its launch Beacon chain In December 2020, one validator can receive 3,600 STRK, and up to 12 in total.

Core Ethereum core developers will be eligible to claim 10,000 STRK per person in the network's protocol guild, while Ethereum Improvement Proposal (EIP) authors can claim 2,000 STRK. Other Ethereum developers can claim 1,800 STRK, while ETH stakeholders in pools or centralized exchanges can claim 360 STRK per validator.

In the year By early 2023, it was a major year for Starknet, which held less than $1 million worth of crypto assets on its network. This figure has reached more than $56 million in total value locked (TVL) on the network as of writing. Defi flame.

Since December, when Starknet It was announced first The upcoming airdrop, that figure has increased by more than 75 percent from over $32 million.

Edited by Andrew Hayward.