The community questioned Starknet's airdrop of 70% of the wallet default! Organization quickly unlocks STRK

120bTC.coM announced that the Starknet Ethereum Layer 2 expansion solution has opened the inquiry for airdrop qualifications and is expected to start allocating airdrops on February 20. The first round of token distribution activities has set about 1.3 million wallets eligible to receive $STRK. The collection period will last for four months and end on June 20.

Airdrop community approval: The token black box was determined by default, and the group was almost wiped out...

However, this airdrop has aroused the anger of many airdrop communities. First, many users choose to transfer funds out of their wallets after completing their interaction with the protocol. However, official regulations stipulate some conditions, such as not storing enough ETH in the wallet, or not storing ETH at all, and these users will be ineligible to receive the airdrop. This provision caused dissatisfaction and anger among users.

KOL@YourAirdropETH also expressed his views on Starknet’s anti-witch mechanism. He believes that Starknet has determined which addresses can receive airdrops in the early stages, but in fact only 400,000 addresses belong to real users, while the remaining 900,000 addresses are all owned by Starknet and its investment institutions.

"Judging from the data on the chain, a large number of "new users" came after August, and all disappeared immediately in mid-November. These "new users" were really hot for 3 minutes

From Judging from the announced airdrop allocation:

51% is airdropped to users, which is only 500,000, but considering the existence of rat warehouses, it is estimated that only half is allocated to real users

9% Basically, they are all pre-appointed candidates, and it is completely a black box operation. It is reasonable to suspect that the share of the rat warehouse is also huge.

As for the 22% airdrop, in fact, everyone knows that institutions pledge eth far more than individuals. This part of the airdrop is basically assigned to the institution @sequoia@AlamedaResearch”

KOL questions the unfair distribution of airdrop tokens

Institutional investment will unlock 13.1% within two months

Not only that, according to the token release schedule, on April 15, With less than two months until $STRK launches on February 20, more than 1.3 billion $STRK (13.1% of the total token supply) will be unlocked and distributed to investors and early Starknet contributors, and Available for transfer and sale. The tokens are worth over $2.15 billion based on estimates from pre-market trading prices.

Institutional holdings 13.1% to be held in two months Unlock within

Generally speaking, for various reasons, the airdrop allocations of the project team and investors will be locked for at least one year. This practice not only helps ensure the team’s long-term commitment to the project, but also maintains The confidence of market supporters also prevented insiders from selling tokens in large quantities in the early stages, resulting in a sharp decline in token prices.

In response to this atypical token unlocking, Starkware CEO Eli Ben-Sass also responded, arguing that early investors should have been rewarded for their contributions: Unlocking for the team and early investors... is one aspect where we might be different, but the way we build is different, the way we look at things It's also slightly different. (Worry about the institution being unlocked and then smashing the market) This worry may also happen a year later, when we are confident and confident about the long-term commitment of advancing Starknet, delaying them unnecessarily is really not the right thing.

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