Starknet Broadens Airdrop Reach, Empowering Users and Driving Inclusivity

Starknet, an Ethereum layer 2 scaling solution, has expanded eligibility for its upcoming airdrop. Initially intended solely for ETH stakers and Immutable X users, the update now includes pooled stakers and certain Immutable X users who made eight or more transactions before June 1, 2022. The adjustment addresses concerns raised by pre-Merge ETH stakers and some Immutable X users who faced challenges claiming STRK tokens. The expanded group of users can expect to claim their tokens in April, with Starknet continuing to engage with VeVe to clarify eligibility criteria for its users.

Starknet Expands Airdrop Eligibility, Empowering Users and Fostering Inclusion

In a significant move towards fostering inclusivity and equity, Starknet, a Layer-2 scaling solution for Ethereum, has announced a substantial expansion in eligibility criteria for its upcoming first round of STRK token airdrops. This strategic decision comes in response to concerns raised by pre-Merge ETH stakers and Immutable X users, who initially faced challenges in claiming their allocated tokens.

Addressing Eligibility Issues, Ensuring Fairness

The Starknet Foundation, the governing body responsible for the Starknet network, has conducted a thorough analysis of eligibility issues for the airdrop scheduled for February. This review has led to the identification and resolution of concerns, directly benefiting two distinct user groups: those associated with the Immutable X platform and pooled stakers.

Extending Eligibility to Immutable X Users

Previously, several Immutable X users were erroneously classified as belonging to the VeVe group, which handles private key management for its users. This misclassification prevented these individuals from accessing their STRK tokens. Starknet has now corrected this error, ensuring that Immutable X users who conducted eight or more transactions prior to June 1, 2022 are now eligible for the airdrop.

Facilitating Access for Pooled Stakers

Pooled stakers, individuals who participated in ETH staking protocols through group efforts, also encountered difficulties in accessing their STRK tokens. However, some platforms have proactively begun forwarding lists of eligible users to Starknet, paving the way for the distribution of airdrops commencing in April.

Ongoing Dialogue with VeVe

The Starknet team remains in communication with the VeVe platform to clarify eligibility criteria for VeVe users. This dialogue aims to ensure that all deserving individuals receive their STRK tokens fairly.

Revised Token Unlock Schedule Promotes Equitable Distribution

Starknet's revised token distribution schedule, implemented in February, reflects a commitment to promoting a more equitable distribution of STRK tokens over a three-year period. This decision was driven by feedback from the Starknet community, which expressed concerns that the initial plan favored early investors disproportionately.

Current Market Situation

At the time of publication, STRK was trading at US$1.98, a 4% decline from the previous 24 hours.

Conclusion

Starknet's expansion of airdrop eligibility is a testament to its dedication to fostering inclusivity and ensuring that all eligible users have the opportunity to participate in the growth of the network. By addressing concerns, correcting errors, and engaging in constructive dialogue, Starknet is building a strong foundation for the future of its ecosystem.