Thread by @Starknet_OG

The recent announcement of the #Arbitrum airdrop has generated a lot of noice lately. This airdrop will probably become the largest in the crypto history

But what about the #Starknet token?🤔

In this 🧵 I'll provide an update on the #Stark token and its potential #Airdrop

1/25

Let's take a look at:
1⃣Stark's tokenomics
2⃣Will Starknet distribute an airdrop ?
3⃣Which criteria can be used for the airdrop?
4⃣The current state

2/25

Arbitrum's token launch date (March 23) and eligible users for the airdrop were recently announced: arbitrum.foundation

This event is expected to attract many users and airdrop hunters to L2 who don't have tokens like #zkSync, #Scroll, #Taiko, and ofc Starknet

3/25

On the Starknet side, the token launch is closer than ever with the upcoming launch of the first phase of the network governance. You can read more about it here:

https://twitter.com/Starknet/status/1635977058546520064

4/25

1⃣STARK tokenomics

The token will be used for the following purposes:
➡️Network governance
➡️Network security through staking
➡️Payment of fees
➡️Incentivizing developers, projects, and users

5/25

StarkWare has minted 10 billions tokens, which will be distributed as follows:
👉17% for StarkWare's investors (they have raised $282M: crunchbase.com/organization/s…)
👉32.9% for the core contributors, i.e. the team, advisors, consultants, and partners who help build the network

6/25