Unchained
Is the Short Team Lockup for STRK ‘Misaligned’? No, Says Starkware CEO - Ep. 609
Feb 16, 2024
Eli Ben-Sasson, co-founder and CEO of Starkware, dives into the details of StarkNet's unprecedented airdrop in this engaging discussion. He explains the rationale behind the allocation of $STRK tokens, particularly the significant share to Ethereum solo stakers. Eli addresses criticisms regarding token distribution and the timing of the Token Generation Event, asserting that even with an imminent unlock, incentives remain aligned. Listeners gain insights into Starkware's commitment to community engagement and the evolving landscape of decentralized networks.
44:42
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Quick takeaways
- The Starkware Foundation faced heavy criticism for the details of their airdrop, including the allocation of almost 22% of the distribution to Ethereum solo stakers, which led to accusations of favoring individuals with higher financial resources and technical capabilities.
- The decision to exclude US citizens and residents from the airdrop generated controversy and speculation, potentially due to regulatory uncertainty.
Deep dives
The Reaction to the Airdrop Plan
The community's response to the Starquare Foundation's Airdrop plan was negative. Some community members felt excluded or unfairly treated.
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