Stirring Speculation: The Leaked Starknet Airdrop Criteria

The web3 community is abuzz with speculation over Starknet’s potential airdrop, following a leaked screenshot from a now-deleted starknet.io subdomain. This screenshot, which quickly gained traction on social media platforms like X (formerly known as Twitter), outlined the eligibility criteria for the anticipated STRK token airdrop. However, notable was the absence of criteria for Starknet users, casting doubt on the document’s authenticity, especially given its misspelling of “Starknet” as “Straknet.”

STRK Token: Unlocking in 2024

The STRK token’s contract, deployed on Ethereum in November 2022, allocated 50M of its 10B supply to early community members. This document suggests a diverse group of recipients, including Starknet and GitHub developers, early Ethereum adopters, and Starkex users before June 2022. However, tokens are locked until at least April 15, 2024, leaving the community in anticipation.

Governance and Community Engagement

Alongside this leak, Starknet’s governance hub launched a test proposal, accessible only to core members and those delegated STRK tokens. This heightened the community’s excitement, despite Olimpio, a STRK delegate, suggesting that an airdrop might not be imminent.

Starknet’s Network Performance

Currently, Starknet ranks as the third most active Layer 2 network by daily throughput, with an impressive 5.7 transactions per second (TPS). Its recent all-time high of 10.2 TPS and a total value locked of $169M, which grew 12% in a week, further cements its position in the market.

Starknet Foundation Addresses Speculations

In response to these speculations, the Starknet Foundation confirmed that the screenshots showed early draft plans for the airdrop. They emphasized the ongoing development and promised to release finalized criteria and details in due course. Furthermore, they clarified that an eligibility cutoff date has been set, marking a pivotal moment for those anticipating the airdrop.

Starknet’s Role in Ethereum’s Ecosystem

As a decentralized Layer 2 network on Ethereum, Starknet employs a zero-knowledge roll-up solution, streamlining transactions on the Ethereum network. The network, initially developed by StarkWare and now overseen by the Starknet Foundation, represents a significant advancement in Ethereum’s scaling solutions.