StarkNet Airdrops Token Despite Controversies Over Allocation
Starknet, a extremely anticipated Ethereum layer-2 resolution, launched its STRK token and airdrop on February 20, distributing tens of millions of STRK tokens.
The airdrop allotted 700 million STRK tokens to varied contributors, together with Ethereum stakers, Starknet builders, and exterior tasks. Inside hours, over 220 million tokens have been claimed, highlighting investor enthusiasm. Whereas the token’s value initially traded as much as a excessive of $3.45, it has since declined to $2.06 at the moment. STRK is at the moment valued at a market capitalization of round $1.5 billion, and the whole worth locked on the protocol stays at $57 million.
This accusation echoes the neighborhood sentiment about airdrop hunters probably exploiting Starknet’s eligibility standards, after many customers that had interacted with Starknet have been left with no allocation. In the meantime, numerous wallets have been reportedly linked to repeated Github accounts which certified for the developer standards, elevating questions in regards to the token’s true distribution and neighborhood engagement.
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