Starknet Foundation will host an airdrop

The Starknet Foundation announced the distribution of over 700 million native tokens of the second-layer Ethereum network StarkNet among almost 1.3 million addresses.

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STRK
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Read more: https://t.co/XQwhiecHhT pic.twitter.com/loV0YgDde0

— Starknet Foundation (@StarknetFndn) February 14, 2024

The opportunity to apply for STRK will become available from February 20. Users can check their eligibility to participate in the airdrop at page Starknet Provisions programs.

It will be possible to apply for tokens within four months. Unclaimed STRKs will return to the distribution pool.

The announced airdrop is the first round of the Starknet Provisions initiative, for which 900 million STRK has been allocated. In total, it is planned to allocate 1.8 billion tokens (18% of the issue) to the needs of the community.

According to the statement, the token distribution is aimed at rewarding StarkNet's early users, early community members and developers, including the entire Ethereum ecosystem.

Required user criteria include:

• more than five transactions made online before November 15, 2023 with a total volume of $100 or more;
• online activity for at least three months;
• balance as of the above date is 0.005 ETH or more.

Community members to participate in the airdrop were selected through the Starknet Early Community Member Program.

Token distribution in the first round of Starknet Provisions. Data: Starknet Foundation.

In January, the StarkNet team deployed the Alpha v0.13.0 update, which opened up the ability to pay transaction fees with native tokens along with ETH.

CoinGecko experts included the project’s airdrop in the list of promising token distributions expected in 2024.