The Starknet Foundation revealed plans to distribute 1.8 billion STRK tokens across multiple initiatives to drive the adoption and growth of the Starknet blockchain, according to a Dec. 8 statement on social media platform X (formerly Twitter).
This statement follows recent confirmation from the Foundation that it has completed the snapshot for its upcoming STRK token airdrop.
Token distribution
The Foundation stated that the Provisions Committee has been allocated 900 million tokens that would be used to reward both past and future users and community members. It added:
“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,” the Foundation wrote.
In addition to this allocation, another 900 mill
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