Starknet has announced their native token $STARK and here is some info about it

Use case of the Starknet token: (i) Governance (ii) Transaction Fees (iii) Staking

10 Billion Tokens have been minted off-chain and they are allocated as follows:

a. Investors: 17% b. Core Contributors [Team]: 32.9% c. Foundation - [50.1%] -Strategic Reserve: 10% -Donations: 2% -Unallocated: 8.1% -Grants for research/work: 12% -Community Rebates: 9%

Community Provisions:9% Coming Directly to the airdrop info: [i.e, Community Provisions] 1. The $STARK token will be launched in September with a supply of 10 Billion. 2. The exact airdrop allocation will be announced next year.

3. Eligible recipients are past users of StarkEx L2 systems.[ like DYDX, SORARE, ImmutableX, Deversifi,Celer,etc] 2. Allocations will be determined based on verifiable usage of StarkEx’s technology before June 1, 2022 [Snapshot Date].

Announcement Articles:

1. https://medium.com/starkware/part-1-starknet-sovereignty-a-decentralization-proposal-bca3e98a01ef

2. https://medium.com/starkware/part-2-a-decentralization-and-governance-proposal-for-starknet-23e335645778

3. https://medium.com/starkware/part-3-starknet-token-design-5cc17af066c6

ABOUT STARKWARE

StarkWare develops STARK-based solutions. STARK or zk-STARK stands for zero-knowledge Scalable Transparent Argument of Knowledge It enables one party to prove to another party that they know something without the prover having to convey the info itself to prov

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