Starknet Boosts Airdrop Accessibility, Responding to Immutable X and ETH Staker Community Worries

Starknet, a prominent Ethereum layer-2 blockchain, has broadened the scope of eligibility for its inaugural Starknet provisions, accommodating concerns raised by Immutable X and ETH staker communities.

Starknet Foundation Expands Token Distribution Eligibility Criteria in Response to Community Feedback

In response to community feedback and rectifying uncertainties, the Starknet Foundation has extended eligibility criteria for the initial round of Starknet (STRK) token distributions. Notably, pre-Merge ETH stakers, Immutable X users, and specific subcategories of StarkEx users are now included in the airdrop eligibility list.

The Starknet Foundation's decision follows a meticulous reassessment of eligibility concerns, particularly surrounding pre-Merge ETH stakers and users of Immutable X. Addressing discrepancies in categorization, Starknet has ensured that users erroneously classified as VeVe users on Immutable X are rightfully included in the airdrop.

Starknet Extends STRK Token Eligibility to Qualified Immutable X Users, Addresses Challenges for Pooled ETH Stakers

Immutable X users who conducted eight or more transactions before June 1, 2022, are now eligible to claim their STRK tokens. Ongoing discussions between Starknet and the VeVe team aim to finalize eligibility criteria for VeVe users.

Challenges faced by pooled ETH stakers in claiming their STRK tokens are being addressed, with protocols providing necessary lists of eligible users. The distribution process for pooled stakers is set to commence in April.

Starknet Revises Token Unlock Schedule for Fairer Distribution, Addressing Concerns of Exclusion and Favoritism

Responding to concerns of favoritism towards early investors, Starknet revised its unlock schedule to ensure a fairer distribution over three years. This decision followed criticism from users who felt excluded despite substantial transaction volumes.

Following the STRK airdrop, significant sell-offs triggered a steep decline in token value, dropping by 60% within a short period. Efforts to stabilize and recover the token's price are ongoing, with current trading values reflecting a continued struggle for recovery.