Now that the news is out, we might as well tell you more!
Starknet is about each of you. Every user, builder and member of our community – existing and future – is a critical piece to building our network into the future of decentralisation for generations to come. The success of Starknet depends on this.
With that, we’re excited to share the next steps of our journey ahead together.
TLDR: We have plans to allocate over 1.8bn STRK tokens across multiple initiatives to drive the adoption and growth of the Starknet blockchain. The first is about to start soon.
1/ Provisions Committee & Initial Distribution of STRK
The Provisions Committee has been allocated 900M STRK for the fair, decentralised and transparent distribution of STRK over multiple programs and phases. The committee’s objective is to distribute ownership of the network’s native token and to reward past and future contributions by users and community members.
We’ve been working on the first phase of distributions for a while now and we are close to getting this over the line. There’ll be more formal communications on this soon.
2/ Network Rebates in STRK
Additionally, we’ve dedicated another 900M STRK to user rebates.
Planning for this initiative is currently underway and a new committee is being formed to oversee the distribution of STRK to reward users for their vital transactions on the network. This marks a bold step in valuing and empowering our user community by rebating them for their transaction fees on the network.
3/ On-Chain Incentives for DeFi
We’ve allocated an initial 50M STRK to explore the direct, indirect and retroactive incentivisation of activity on DeFi protocols by boosting liquidity, volume traded and general growth of the DeFi landscape on Starknet.
This is led by the DeFi Committee. They are nearing the end of their research phase and will move into execution and deployment in Q1 2024.
4/ And more!
Next week, we’ll be announcing an innovative new incentive mechanism for developers & dapps on the network. This is all we can reveal for now, stay tuned for our update next week.
* Eligibility to receive STRK tokens will be subject to terms & conditions.
Does OBV foreshadow?
#Bitcoin's 2M OBV has just made an all-time-high.
When this happened in the past, a USD ATH came 2-3 months later.
Would confirm on the December close.
In one click, we will soon be able to use an aggregator app to swap a token X on Ethereum for token Y by routing some of X to Solana some to Optimism, swapping there for better pricing, and bridging back in under 1 second.
Well ... at least it'll be possible on Avalanche.
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🔊Linea’s DeFi Voyage has officially launched on @IntractCampaign!
And it’s @MetaMask taking the spotlight for the first wave 🦊🫶
Your core task: Bridge funds into Linea to get set up for the coming waves.
https://t.co/eYtTkzohKJ
Have you ever deployed a contract on #Starknet? 👀
Now, you can answer with a resounding YES! 👌
StarkGuardians introduces its new tool, the Contract Deployer, for performing a wider range of operations.
Easily deploy and manage your smart contracts across #Starknet:
🛡 ERC20 Contracts
🛡 ERC721 Contracts
🛡 Basic Contracts
Plus, interact seamlessly with the contracts you've deployed.
And there's more to come! 🔔