Starknet Foundation has recently disclosed its ambitious plan to distribute a staggering 1.8 billion STRK tokens. This strategic allocation is set to propel the Starknet ecosystem to new heights, with significant portions earmarked for various purposes.
A notable portion of the 1.8 billion STRK tokens, precisely 900 million, has been allocated by the committee to reward users actively participating in the Starknet network. The specifics of the qualifications required to earn these rewards are expected to be revealed shortly.
Starknet Foundation is also directing a substantial amount of 50 million STRK tokens towards decentralized finance (DeFi) incentives. This move aims to enhance the DeFi ecosystem and foster greater engagement among users. The focus is on boosting liquidity, increasing trading volumes, and fostering general growth within the DeFi landscape on Starknet.
Starknet teases the announcement of an innovative incentive mechanism for developers and dApps on the network. Further details will be revealed in the upcoming update next week. Stay tuned for this exciting development!