The Starknet Foundation has [announced](https://www.starknet.io/en/content/starknet-provisions-program) its plans to distribute STRK, its native token, to nearly 1.3 million eligible wallets. More than 700 million STRK will be given out. 

Starknet is an Ethereum Layer-2 network that uses a ZK-Rollup solution for scaling decentralized applications. According to the Starknet Foundation, the token will help decentralize and govern the network. STRK will be used for transaction fees, staking, and participation in governance votes. 


**Who Are Eligible?**

STRK will be available to people and groups who contributed to Starknet, such as Starknet users, developers, and community contributors. StarkEx users, Ethereum protocol contributors, and stakers, as well as select non-crypto open-source project developers, are also eligible to receive the token.

![Starknet Provisions Allocation](https://resources.cryptoflash.report/provisions_allocations_pie_final_8d02b85e6b.jpeg)

STRK will be available starting February 20 and may be claimed up to four months after distribution starts. Unclaimed tokens will be absorbed back into the pool and distributed in the future.




Almost 1.3 million wallets will get tokens.


Wed Feb 14 2024 Starknet Foundation’s Plan to Distribute STRK Token

Wed Feb 14 2024

Starknet Foundation’s Plan to Distribute STRK Token