Starknet Provisions Program To Distribute 900 Million STRK Tokens To Community, Claim Now!

The Starknet Foundation is gearing up to launch the first phase of the groundbreaking Starknet Provisions Program, a strategic initiative designed to distribute 700 million Starknet Tokens ($STRK) tokens to the community.

With approximately 1.3 million eligible wallets, including early users of ecosystem dApps, network contributors, Ethereum builders, and open-source developers, the Starknet Provisions Program is set to empower a broad community base.

$STRK Token Distribution

Starknet, a Layer-2 network built on Ethereum, utilizes a ZK-Rollup solution to scale decentralized applications. The introduction of the Starknet Token ($STRK) plays a pivotal role in decentralizing and governing the network.

Meanwhile, in this inaugural phase, more than 700 million $STRK will be disbursed across nearly 1.3 million addresses, constituting a substantial portion of the overall 900 million $STRK allocated for the Provisions program.

However, this distribution is part of the broader commitment of 1.8 billion $STRK designated for the Starknet community.

Eligibility Check & Claim $STRK

Starting from 12 pm (UTC) on February 20th, 2024, eligible participants will be able to claim their $STRK on Starknet Mainnet. Meanwhile, interested individuals can verify their eligibility and explore the claiming process by visiting the dedicated Provisions portal at Starknet.io.

This user-friendly portal serves as a gateway for participants to understand their eligibility status and actively participate in the claiming process.

The launch of the claiming process marks a pivotal moment for community members to actively engage with and benefit from the Starknet ecosystem.

$STRK Token Price Analysis

Currently, Starknet’s $STRK token has witnessed a 1.5% uptick, now trading at $12.31, boasting a market cap of $55.03M. The 24-hour trading volume stands at $3.50M, with a circulating supply of 4.47M. Over the past 24 hours, $STRK has seen a positive momentum of +1.68%.

However, some experts think the token’s value could go up a lot, maybe 263.90%, and reach $45.16 by the end of 2026.