What is the StarkNet Airdrop?
The StarkNet airdrop is a major token distribution event where 700 million STRK tokens are being airdropped to early StarkNet and Ethereum users, developers, and contributors. This initiative is designed to reward those who played a role in supporting the growth and development of the StarkNet ecosystem.
Key Highlights:
- Total Tokens Airdropped: 700 million STRK.
- Purpose: The airdrop incentivizes and rewards early adopters, developers, and contributors while promoting further engagement within the StarkNet ecosystem. Additionally, STRK tokens empower users with governance rights, allowing them to participate in key decision-making processes regarding the future of StarkNet.
- StarkNet Users: Those who have made transactions on the network, fulfilling specific activity requirements.
- StarkEx Users: Users of StarkEx-based dApps like dYdX, Immutable X, Sorare, and Rhino.fi.
Ethereum Contributors: Ethereum protocol developers, EIP authors, and members of the Ethereum Protocol Guild. - ETH Stakers: Individuals who staked ETH up until the Ethereum Merge.
- Open-Source Developers: Contributors to top GitHub projects are also eligible.
Eligible Participants:
The airdrop is available to a wide range of participants:
The StarkNet airdrop is available until June 20th, 2024, giving participants ample time to claim their tokens and become more integrated into the StarkNet ecosystem.
Step-by-Step Guide to Claiming Your STRK Tokens
Claiming your STRK tokens from the StarkNet airdrop is a straightforward process that can be completed in just a few steps.
Step 1: Visit the Airdrop Claim Page
The first step in claiming your STRK tokens is to visit the official StarkNet Airdrop Claim Page. This page is specifically designed for eligible users to easily verify their eligibility and claim their tokens. Once there, you will be prompted to connect your StarkNet wallet, which is required for the claim process.
Make sure you are visiting the official StarkNet website or a trusted source to avoid phishing attempts. It's always a good idea to double-check the URL before proceeding to ensure the security of your wallet and funds.
Step 2: Connect or Set Up a StarkNet Wallet
To claim your STRK tokens, you will need a StarkNet-compatible wallet. The two most popular wallets for StarkNet are Braavos and Argent X. If you don’t already have one, follow these steps to set it up:
How to Set Up a Braavos Wallet:
- Download the Braavos Extension: Visit the Chrome Web Store or the official Braavos website to download the wallet extension for your browser.
- Create a New Wallet: Once the extension is installed, click on the Braavos icon and follow the prompts to create a new wallet. You will be asked to set up a password for security purposes.
- Save Your Seed Phrase: During the setup process, you will be given a 12-word seed phrase. This phrase is critical for recovering your wallet, so make sure to store it in a safe, offline location. Do not share your seed phrase with anyone.
- Fund Your Wallet: After setting up the wallet, you'll need to transfer some ETH to cover gas fees for transactions on StarkNet. You can do this by sending ETH from another wallet or using an exchange that supports withdrawals to StarkNet.
How to Set Up an Argent X Wallet:
- Install Argent X: Head to the Chrome Web Store and search for the Argent X wallet or visit the offial Argent X website. Install the browser extension.
- Create a New Wallet: Once installed, follow the instructions to set up a new wallet. Similar to Braavos, you’ll need to create a password and secure your seed phrase.
- Backup Your Seed Phrase: Argent X will also provide you with a 12-word seed phrase. Be sure to store it securely and avoid sharing it with anyone.
- Fund Your Wallet: Transfer ETH to your Argent X wallet to cover the gas fees on StarkNet.
Once your wallet is set up and funded, proceed to connect it to the airdrop claim page.
Step 3: Check Your Eligibility
After connecting your wallet, the system will automatically check if you're eligible to claim the STRK tokens. The eligibility is based on specific criteria set by StarkNet, including your activity on StarkNet, StarkEx, and Ethereum.
Here are the key factors that determine eligibility:
- StarkNet Users: You must have performed more than five transactions, been active for three months or more, and had at least $100 in transaction volume by November 15th, 2023.
- StarkEx Users: You need to have completed at least eight transactions on dApps like dYdX, Immutable X, Sorare, or Rhino.fi before June 1st, 2022.
- Ethereum Contributors: Developers and contributors to Ethereum, such as EIP authors and Protocol Guild members, are also eligible.
- ETH Stakers: Individuals who staked ETH before the Ethereum Merge on September 15th, 2022, qualify as well.
- Open-Source Developers: You must have contributed to GitHub repositories ranked among the top 5,000 by stars.
If you're eligible, the number of STRK tokens you can claim will be displayed on the claim page.
Step 4: Answer the Airdrop Questions
Once your eligibility is confirmed, you might be asked to answer a couple of questions before proceeding with the claim. These questions are optional, and you can skip them if you prefer.
The questions typically focus on your experience using StarkNet, Ethereum, or StarkEx. This helps the StarkNet team gather valuable insights from early users about their experience on the network and its ecosystem.
Answering the questions can take just a minute or two, and while it's not required, it could help improve future StarkNet developments. If you wish to skip this step, simply click the “Skip” button and move forward to the next step.
Step 5: Delegate Voting Power
Before claiming your STRK tokens, you’ll have the option to delegate your voting power to yourself or another StarkNet community member. The STRK tokens you claim give you governance rights within the StarkNet ecosystem, allowing you to vote on protocol upgrades, changes, and proposals.
If you're unsure of how to use your governance rights, you can either:
- Delegate to Yourself: This gives you control over your voting power. You can participate in governance proposals directly.
- Delegate to Someone Else: If you prefer not to vote directly, you can delegate your voting power to a trusted member of the StarkNet community. Many StarkNet contributors and thought leaders accept delegation from users who trust their decision-making.
Delegation is optional and can be changed later. If you’re not ready to delegate at this point, you can skip this step and proceed with claiming your tokens.
Step 6: Claim Your STRK Tokens
After completing or skipping the previous steps, you’re now ready to claim your STRK tokens. Click the "Claim" button to finalize the process. A transaction will be initiated through your StarkNet wallet (Braavos or Argent X), and you'll need to confirm the transaction.
Ensure that your wallet has enough ETH to cover the gas fees for the claim. Once the transaction is confirmed, your STRK tokens will be transferred to your wallet.
Eligibility Criteria for the Airdrop
The StarkNet airdrop is designed to reward a diverse range of users, developers, and contributors who have helped shape both the StarkNet and Ethereum ecosystems. The eligibility criteria are outlined below, ensuring that those who have actively engaged with the network or contributed to its growth have the opportunity to claim their share of STRK tokens.
StarkNet Users
StarkNet users who have been active on the network by performing a certain number of transactions and meeting specific criteria are eligible for the airdrop. To qualify, users must have:
- Performed more than five transactions on the StarkNet network.
- Been active for at least three months before November 15th, 2023.
- Completed transactions totaling a volume of $100 or more.
- Held at least 0.005 ETH in their StarkNet wallet by November 15th, 2023.
These criteria ensure that only users who have engaged with the network in a meaningful way are eligible for the airdrop. This approach rewards not only those who made frequent transactions but also users who demonstrated a commitment to using StarkNet over an extended period.
StarkNet Early Community Members
StarkNet’s early community members, who contributed to the growth of the ecosystem before it gained widespread adoption, are also eligible for the airdrop. These individuals played an essential role in supporting the network’s initial development and expansion, and their efforts are being recognized with STRK tokens as a reward for their loyalty.
StarkNet Developers
Developers who contributed to the development of the StarkNet protocol or helped build dApps on the StarkNet network are eligible for the airdrop. This category includes those who wrote code, fixed bugs, or made any significant contributions to the ecosystem's development, ensuring that the technical community is rewarded for its support.
StarkEx Users
Users of StarkEx, a Layer 2 scaling solution built on the same STARK technology, are also eligible for the airdrop. StarkEx powers several prominent decentralized applications (dApps), including dYdX, Immutable X, Sorare, and Rhino.fi. These platforms leverage StarkEx to offer users faster transactions with lower fees.
To qualify for the airdrop, StarkEx users must meet the following criteria:
- Completed at least eight transactions on any StarkEx-powered dApp.
- These transactions must have occurred before June 1st, 2022.
By including StarkEx users, StarkNet acknowledges the overlap between its ecosystem and that of StarkEx, as both share the same underlying technology. Users of these platforms who helped test and utilize StarkEx-powered dApps early on are rewarded for their contributions to scaling solutions for Ethereum.
Ethereum Contributors
Developers and contributors to the Ethereum ecosystem who played a role in shaping the network’s underlying protocol are eligible for the StarkNet airdrop. This includes:
- Ethereum Protocol Guild members.
- EIP (Ethereum Improvement Proposal) authors.
- Ethereum core developers who contributed to the development of Ethereum’s proof-of-stake (PoS) model and other improvements.
By recognizing Ethereum contributors, StarkNet pays homage to the foundational technology on which it operates, ensuring that those who built Ethereum’s base infrastructure are included in the reward pool for their contributions.
ETH Stakers
Ethereum stakers who participated in staking ETH under the Ethereum 2.0 proof-of-stake (PoS) model up until the Merge on September 15th, 2022, are also eligible for the StarkNet airdrop. Eligible stakers include:
- Solo stakers who operated their own validator nodes.
- Liquid stakers who used services like Lido or Rocket Pool.
- Centralized exchange stakers who staked ETH through platforms like Coinbase or Binance.
StarkNet recognizes these stakers for their contributions to securing Ethereum during its transition from proof-of-work to proof-of-stake, rewarding them for their role in securing the network.
Open-Source Developers
Contributors to open-source software, particularly those who worked on non-crypto projects, are also eligible for the airdrop. To qualify, open-source developers must have:
- Committed code at least three times to one of the top 5,000 GitHub projects (ranked by GitHub stars).
- At least one of these commits must have been made between January 1st, 2018, and November 15th, 2023.
This ensures that the airdrop rewards not just crypto developers, but a broader community of software engineers who have contributed to the open-source movement, reflecting StarkNet’s commitment to inclusivity and community-driven growth.
Conclusion
Claiming the StarkNet airdrop is a unique opportunity for early users, developers, and contributors to be rewarded for their involvement in the ecosystem. The 700 million STRK tokens represent a significant distribution of governance power and value within the StarkNet community. By claiming your tokens, you not only receive your share but also gain the ability to participate in the governance of the network, influencing its future development and direction.
The airdrop also highlights the growing importance of Layer 2 scaling solutions like StarkNet, which enable Ethereum to reach new levels of scalability without sacrificing security. This airdrop is one of the many ways StarkNet is giving back to its community while building a robust, decentralized network.
Looking ahead, there may be more opportunities for active participants to benefit from StarkNet’s growth. Make sure to stay updated by following StarkNet’s official channels, including Twitter, Telegram, and newsletters. Regular updates will help you stay informed about future token distributions, governance proposals, and potential rewards, ensuring you remain a key player in the ecosystem.
FAQs
Popular questions about blockchain
We’ve worked with over 400 companies to build blockchain solutions for their business, and we are still growing.
Eligible participants include StarkNet users, early community members, developers, StarkEx users, Ethereum contributors, ETH stakers, and open-source developers. Each category has specific criteria for eligibility.
If you fail to claim your tokens by the deadline, they will be reclaimed by StarkNet and redistributed in future airdrop rounds or other community programs.
Yes, there may be a small gas fee required to claim your STRK tokens, as the transaction will occur on the Ethereum or StarkNet network. Ensure that you have enough ETH in your wallet to cover these fees.
StarkNet uses zk-Rollup technology, ensuring that transactions are secure, scalable, and efficient. Additionally, the claim process is secured through smart contracts on Ethereum, protecting users from fraud or unauthorized claims.
Yes, once you claim your STRK tokens, you can participate in StarkNet’s decentralized governance. You can vote on proposals that shape the future of the network or delegate your voting power to others.