The Starknet Foundation will allocate 1.8 billion STRK tokens as user rewards and rebates

2023-12-08 20:36:18
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According to ChainCatcher news and reported by CoinDesk, Starknet plans to "soon" distribute over 1.8 billion STRK tokens. Starknet stated that approximately 900 million STRK have been allocated to the foundation's supply committee for rewarding users and community members for their past and future contributions, with another 900 million tokens specifically designated for user transaction fee rebates.

In October of this year, the Starknet Foundation allocated 50 million STRK tokens for a new Early Community Member Program (ECMP). Previously, the Starknet Foundation announced that the airdrop eligibility deadline has been set, and the airdrop plan will be announced once finalized. The total supply of STRK token contracts is 10 billion. Of this, 50% will be retained by the organization, while the remainder will be distributed to core developers, ecosystem contributors, and the community.

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