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.
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Airdrop Criteria
- StarkNet's airdrop criteria included StarkNet users, Ethereum stakers, and GitHub contributors.
- This is the first airdrop to include Ethereum stakers and Web2 developers.
Solo Stakers Allocation
- Solo stakers on Ethereum received a large portion of the StarkNet airdrop (22%).
- This was because they demonstrated a commitment to securing a decentralized network.
Excluded Users
- Some active StarkNet users with less than 0.005 ETH were excluded from the airdrop.
- The StarkNet Foundation acknowledges this and plans to address such issues in future distributions.