Starknet reminded users in a post yesterday that they can claim the airdrop on the official website after 8 pm Taiwan time tonight. In addition, they stated that necessary adjustments have been made to the distribution of $STRK after listening to the community’s feedback, including the revision of airdrop quantities for some users.
On the 14th, Ethereum Layer2 Starknet announced an airdrop, distributing a total of over 700 million $STRK tokens to approximately 1.3 million addresses. However, this airdrop has received criticism from the community, such as dissatisfaction with the airdrop criteria (requiring wallets to hold at least 0.005 ETH), 900,000 eligible wallets belonging to the Starknet team and its investment institutions, and the unlocking of 13.1% of the total supply of $STRK in less than two months.
Yesterday evening, the team posted a reminder for users to claim the airdrop and stated that necessary adjustments have been made to the distribution of $STRK based on the community’s feedback. Eligible users can claim the airdrop on the official website after 8 pm Taiwan time tonight, and the claiming period will last for four months until June 20th.
The team outlined the modifications to $STRK distribution as follows:
– Approximately 900 Ethereum individual validators who own multiple validators were previously counted as one due to a calculation error. They will now receive a total of approximately 6.5 million $STRK.
– Over 1,000 Ethereum independent validators who were previously miscategorized will receive over 6.9 million $STRK.
– Approximately 1,900 GitHub accounts that obtained eligibility for the airdrop through improper means have been excluded. Through this correction, over 1 million $STRK tokens have been retained and may be distributed to the community in the future.
– An issue on StarkEx that allowed custodial companies to claim the airdrop by using the keys of approximately 200,000 users has been resolved. Starknet will provide specific procedures for these users to receive the airdrop.
The team also mentioned that the primary task after the airdrop is to address the exclusion of some active users due to the current airdrop criteria. For the current airdrop criteria, please refer to the “Starknet Airdrop Storm: Nearly 1.3 Million Eligible Addresses, Details of STRK Token Distribution” article.
It is worth noting that after Starknet announced the airdrop, the number of active addresses on its network briefly surged. According to Starknet’s blockchain explorer data, there were 226,576 active addresses on the 14th, an 80% increase compared to the past three months. However, as of today after the airdrop, the number of active addresses on Starknet has decreased to 17,911. This is significantly lower than the average of over 100,000 active users maintained from August to December 2023. Although the decrease in active addresses is not entirely without benefits, this decline may be attributed to the departure of users seeking airdrops, often considered parasitic users in the crypto community. Their departure may help purify the ecosystem and attract more focused and genuine users, paving the way for a more sustainable and engaged community. However, this drastic decrease also indicates the severity of dissatisfaction within the Starknet community. The Starknet Foundation announced yesterday that the ecological incentive plan will launch on the 22nd, distributing 40 million $STRK tokens to DeFi protocols. It is worth paying attention to whether this can save a significant number of lost users.
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