Check out the results of the Starknet Airdrop.
Starknet
Expired
Progress mission: 0 of 17
Expired
Rewards
Reward Results
$1,350 $27,000
Details
Minimal cost
~$40
Time required
40 min.
Category
Mainnet
Rating
8/10
Risk
Low
Individual addresses received between 500 to 10,000 STRK tokens during the Starknet Airdrop. At the STRK token's listing price of approximately $2.7, the airdrop value ranged from a minimum of $1,350 to a maximum of $27,000.
The Starknet Foundation distributed over 700 million STRK tokens to nearly 1.3 million addresses, as part of the 900 million STRK allocated to the Provisions program. This allocation is out of a total of 1.8 billion STRK dedicated to the community.
Eligible recipients included Ethereum independent stakers, Ethereum LSD holders, non-Web3 developers, and members from various groups within the StarkNet ecosystem, such as:
- StarkNet ecosystem contributors who develop, participate in, and test the network and its technology stack;
- Early StarkNet users engaging with applications on the network;
- Early community members, including code contributors, event organizers, and community managers;
- StarkNet developers contributing significantly to the StarkNet ecosystem GitHub repository;
- StarkEx users engaging with STARK technology in its early stages;
- Ethereum contributors, including protocol guild members, developers, and EIP authors;
- Ethereum stakers supporting the security of Ethereum;
- Open-source developers working on projects related to blockchain infrastructure development.
These STRK tokens, over 700 million in total, were part of a broader initiative within the 1.8 billion STRK allocated to the community, with StarkNet users receiving 51.33% of the token allocation.
Airdrop recipients met minimum criteria that included:
- Network usage for at least three independent months
- Generating a minimum of six transactions
- Conducting transactions worth no less than $100
- And holding at least 0.005 ETH at the time of the snapshot on November 15, 2023.
Pros & Cons
Why is it worth it?
Strong Funding
They've raised $282.5 million, which could mean a lot of money for potential rewards.
Top Investors
Support from major funds and well-known investors like Vitalik Buterin.
Decentralization Goal
Aiming to promote decentralization in 2024, possibly involving a token launch.
Confirmed Token
The foundation has officially confirmed the upcoming STRK token airdrop, as announced in a recent update.
Risks to consider
Early Tech
The technology is new and not working well yet.
Costly Participation
Users must spend money for a chance at rewards, but the full details of this opportunity are not clear yet.
How to participate?
- Bridging to Starknet: Based on Dune over 70% of users who moved funds to Starknet transferred between 0.01 and 0.25 ETH (Ethereum).
- Top 30% Users by Transaction Volume: If you regularly transfer more than 0.25 ETH (total) to Starknet, you'll be among the top 30% of users in terms of the amount transferred.
- Focus on Key Missions: The most important activities on Starknet are bridging (transferring funds to Starknet) and using its dApps for swapping and providing liquidity (supplying funds for others to use).
- Increase Transaction Count and Volume: By regularly bridging and swapping on Starknet, you can increase both the number of your transactions and the total amount transferred. These are often key criteria for earning rewards (airdrops) in other projects.
- Repeat Missions for Impact: Repeating tasks like bridging and swapping helps to further increase your transaction count and volume.
- Combine with Orbiter Finance: You can enhance this opportunity by also using Orbiter Finance, a platform that allows you to bridge your funds effectively.