👉 Watch in ezerskan 0xca14007eff0db1f8135f4c25b34de49ab0d42766
• Supply Not yet
• Distributions Not yet
• Announcement more
💥 $SRK will be used:
- as a token for staking to participate in consensus mechanisms starknet,
-as governance of the token
-for payment commissions for transactions.
💥 Distribution plan
- Tokensallocated to shareholders, employees, and ISVs are locked for four years, with a gradual release schedule beginning one year later. Locked Tokens can be used for voting and staking
- Separately 50,1% existing tokens starknet allocated to the fund starknet to be used to achieve its goals. These tokens will not be blocked.
💥 Additional info presumably based thread
- 9% for StarEx users ($DYDX, Immutable): no specific information has yet been provided on who exactly is eligible
- 8,1% maybe for StarkNet users who have interacted with the chain but are not verified
Additional information on distribution Here
💥 By vote
$SRK has been designed to provide both direct voting and a range of delegation mechanisms.
- Voting L1
The ERC-20 contract includes the optional use of the Compound delegation mechanism. This module is used for on-chain voting. The reason is the cost of gas. Enabling it means that each transfer of StarkNet tokens on L1 requires additional gas required solely to track changes in voting rights. - Not voting L1
Alternatives to L1 network voting with the Compound delegation module include offline voting as well as StarkNet-based network voting systems (such as SnapshotX). These alternatives, which significantly reduce gas consumption for L1 transmission
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