Starknet, which is a Validity-Rollup (aka ZK-Rollup) Layer 2 network that operates on top of Ethereum to scale the network without compromising on security, is launching… That being said, it could be another crypto Starknet stimulus check that will be lucrative for many early users. If you want to see where you can get Starknet token, and where to trade it, read our article.. let’s take a look.
When will the Starknet token – STRK go live?
The Starknet token $STRK is live and can be traded on the decentralized exchange Aevo. From there on we will have to wait for its entry on bigger exchanges and major CEXs, possibly leveraging Infura Starknet for enhanced network interactions.
What could the initial market valuation of Starknet – STRK be?
Given the fully diluted market values of other layer 2 protocols, an initial market valuation or fully diluted market cap (FDV) of somewhere between $3-6 billion for $STRK seems realistic. This valuation would put the initial Starknet token price of $STRK somewhere between $0.30-$0.60 each, assuming a total supply of 10 billion tokens. Currently, STRK is trading at more than a dollar and half.
How much might be distributed in the initial Starknet – STRK airdrop?
9% of the total $STRK supply is being airdropped to users. With a total supply of 10 billion, around 900 million tokens or $300-600 million worth of tokens based on the estimated prices could be distributed in the first airdrop to qualifying wallets.
How to be eligible for the Starknet – STRK Airdrop?
There will be 4 different qualifying participants for Starknet’s first $STRK airdrop:
- StarkEx – Early DYDX Users
- Github – Devs are eating again, possibly developing Starknet apps or contributing to Starknet chain enhancements.
- Starknet Users – Criteria TBD
- ETH Early Adopters – Sorare Starknet players may also be considered here. ETH stakers as well.
How can I check if I qualify as an ETH Early Adopter?
You can check if you qualify as an ETH Early Adopter on the Wenser Airdrop Checker Tool website at https://www.wenser.xyz. Look for the “ETH Early Adopter” tab and input your Ethereum (0x) address. To qualify, you had to be among the first 1000 users to interact with a fresh, risky contract that later became widely used, perhaps tied to the Starknet coin ecosystem.
The post Starknet Airdrop#1: Where to Claim and Where to Trade STRK? appeared first on YourCryptoLibrary.