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zkEVM Token Launch Brief: Distribution and Sequencer Risk

AI Agents
2024-02-18
Author:Shivank
zkEVM Token Launch Brief: Distribution and Sequencer Risk

STRK's 10 billion token supply and Feb 20, 2024 airdrop test zkEVM allocator diligence. Distribution, lockups, and sequencer decentralisation framework.

Frequently Asked Questions

Early contributors hold 20.04 percent of the ten billion STRK supply and investors hold 18.17 percent, together 38.21 percent, all subject to a lockup with a phased release beginning April 2024. Neither group's tokens are transferable at the February 20, 2024 claim date, so circulating supply understates fully diluted supply by a wide margin at launch.
No. STRK governance rights let holders vote on protocol parameters and future fee-switch decisions, but as of February 2024 Starknet still runs a single sequencer operated by StarkWare. Token distribution and sequencer decentralisation are separate roadmap tracks, and allocators should not assume the airdrop implies operational decentralisation.
Map the full allocation table before the claim date, not only the circulating float. Separate governance utility from any current revenue claim, document the lockup and unlock schedule month by month, and confirm the sequencer decentralisation roadmap independently of the token launch announcement.

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Tags:

zkEVM

Starknet

token distribution

sequencer decentralisation

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