{"id":251829,"date":"2024-02-22T04:37:24","date_gmt":"2024-02-21T23:07:24","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=251829"},"modified":"2024-02-22T04:37:24","modified_gmt":"2024-02-21T23:07:24","slug":"starknets-2-billion-airdrop-is-cryptos-biggest-yet-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/starknets-2-billion-airdrop-is-cryptos-biggest-yet-crypto-news\/","title":{"rendered":"Starknet\u2019s $2 Billion Airdrop Is Crypto\u2019s Biggest Yet &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<p>With STRK initially trading at a fully diluted valuation of $30 billion, the value of the airdropped tokens on launch day surpassed Arbitrum\u2019s $1.5 billion.<\/p>\n<div>\n<p>Ethereum Layer 2 network Starknet launched its <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/starknet-faces-backlash-over-airdrop-and-team-unlocks\"> <!-- -->long-awaited token<\/a> yesterday with an airdrop of 700 million STRK for developers and early users.<\/p>\n<p>STRK debuted above $3, valuing the project above $30 billion on a fully diluted basis and putting the value of the airdrop at $2.1 billion \u2013 the largest in crypto history.<\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.coingecko.com\/en\/coins\/starknet\" class=\"no-underline\"><\/p>\n<figure><figcaption class=\"text-center text-xs\">STRK Price<\/figcaption><\/figure>\n<p><\/a><\/p>\n<p>The record was previously held by Arbitrum, the leading Layer 2 with $12.4 billion in total value locked (TVL). <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/arb-airdrop-live\"> <!-- -->ARB launched<\/a> at a fully diluted valuation (FDV) of $13 billion, valuing its airdrop at $1.5 billion.<\/p>\n<p><!--$!--><!--\/$--><\/p>\n<p>Nearly half a million users have claimed 424M STRK tokens so far, according to a Token Flow <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/tokenflow.live\/studio\/dashboards\/starknet-provisions\/\"> <!-- -->dashboard<\/a>.<\/p>\n<figure><img decoding=\"async\" alt=\"STRK Claims\" loading=\"lazy\" width=\"960\" height=\"444.75\" data-nimg=\"1\" class=\"mx-auto\" id='b' style='filter: url(%23b)' src=\"https:\/\/thedefiant.io\/_next\/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2F6oftkxoa%2Fproduction%2F0837cff0da70926774c84de2ec3bcc10dd57e7fb-1280x593.jpg&amp;w=828&amp;q=100\" \/><figcaption class=\"text-center text-xs\">STRK Claims<\/figcaption><\/figure>\n<p>STRK is trading around $1.80 at the time of writing, implying a FDV of $18 billion. That\u2019s almost on par with Arbitrum and oracle provider Chainlink, and higher than Optimism, the second largest Layer 2.<\/p>\n<figure><img decoding=\"async\" alt=\"Starknet's FDV is higher than Celestia, Sui, Avalanche and Optimism\" loading=\"lazy\" width=\"960\" height=\"345.5252918287938\" data-nimg=\"1\" class=\"mx-auto\" id='b' style='filter: url(%23b)' src=\"https:\/\/thedefiant.io\/_next\/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2F6oftkxoa%2Fproduction%2F3e133c2f7a4db448d25d62baa2d766ae9b7d4890-1028x370.jpg&amp;w=828&amp;q=100\" \/><figcaption class=\"text-center text-xs\">Starknet&#8217;s FDV is higher than Celestia, Sui, Avalanche and Optimism<\/figcaption><\/figure>\n<p>In terms of non-native assets deposited, Starknet ranks sixth among Layer 2s with $208 million, according to data from <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/l2beat.com\/scaling\/summary\"> <!-- -->L2beat<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>With STRK initially trading at a fully diluted valuation of $30 billion, the value of the airdropped tokens on launch day surpassed Arbitrum\u2019s $1.5 billion. Ethereum Layer 2 network Starknet launched its long-awaited token yesterday with an airdrop of 700 million STRK for developers and early users. STRK debuted above $3, valuing the project above [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":251830,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-251829","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/251829","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=251829"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/251829\/revisions"}],"predecessor-version":[{"id":251832,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/251829\/revisions\/251832"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/251830"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=251829"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=251829"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=251829"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}