StarkNet token hint
Sadly, our good faith to cooperate with the Liquidators was met with baiting. Hope that they did exercise good faith wrt the StarkWare token warrants. pic.twitter.com/CF73xI8r6n
— Zhu Su 🔺 (@zhusu) July 12, 2022
$117,825.00
1.06%$2,964.98
0.02%$2.79
8.85%$695.27
0.95%$163.15
-0.83%$0.999904
0.00%$0.203992
3.05%$0.305958
3.89%$2,961.85
-0.04%$0.727426
6.00%$46.26
4.05%$117,613.00
0.89%$3,577.24
-0.17%$0.390124
28.39%$3.43
-1.27%$531.67
2.34%$15.32
-0.09%$20.74
-0.55%$0.199672
1.89%$9.08
0.71%$3,177.00
-0.02%$0.00001335
-0.74%$3.00
1.24%$0.999825
0.00%$2,963.03
-0.06%$94.46
-0.79%$46.67
-0.18%$0.999834
-0.09%$331.73
1.42%$4.02
2.72%$117,827.00
1.08%$1.001
0.04%$0.00001245
-2.19%$8.73
4.10%$4.44
-2.82%$299.68
-1.78%$396.82
4.94%$0.470711
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7.50%$4.88
-0.74%$1.18
0.04%$2.51
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-0.80%$5.38
-1.42%$198.14
-0.83%$0.894484
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0.00%$18.42
-0.46%$1.059
0.03%$0.085792
-0.61%$1.00
0.01%$4.68
0.73%$0.334828
2.25%$0.625572
-1.73%$0.231603
3.83%$0.02415961
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0.75%$0.221835
0.56%$4.45
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2.09%$1.046
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-0.09%$2.57
-1.59%$0.00002207
-7.94%$117,461.00
0.80%$0.079585
-5.25%$115.92
-0.04%$4.73
-0.10%$173.21
-0.73%$0.02385686
11.63%$1.60
-1.70%$11.49
1.04%$0.486674
-1.19%$0.999762
0.00%$0.99889
0.17%$3,106.64
-0.04%$3,379.93
-0.02%$1.001
0.09%$1.91
1.18%$4.67
34.30%$1.28
0.50%$1.26
-4.40%$12.57
1.25%$0.01703521
1.31%$0.74322
26.11%$0.361074
4.97%$0.071211
-2.87%$0.657685
-2.85%$0.745602
-0.49%$1.74
-3.15%$3,164.63
-0.17%$3,066.35
-1.51%$117,421.00
0.82%$13.46
8.74%$1.00
0.00%$0.999874
-0.08%$3,121.99
0.08%$0.976168
-6.21%$0.096945
-1.74%$1.11
0.07%$117,474.00
0.95%$0.502929
-0.62%$3,349.06
0.46%$0.159415
-0.93%$695.24
0.94%$0.00009541
-7.85%$118,376.00
0.55%$3,201.80
0.02%$0.999503
0.02%$0.631482
1.33%$2.51
-0.76%$0.542638
-0.49%$183.03
-0.82%$3,350.54
0.63%$213.12
-0.82%$0.791819
-1.77%$0.01715086
-0.98%$0.193031
4.56%$0.833338
-1.63%$22.03
-0.94%$10.74
0.01%$2.71
-0.35%$0.01463484
-0.01%$111.77
0.02%$0.287445
-0.80%$42.48
-0.53%$1.94
-2.24%$0.997996
0.01%$0.785073
-1.80%$0.00000068
2.73%$0.115726
-0.98%$2,962.76
-0.00%$46.24
3.98%$0.250424
4.26%$0.00000168
7.30%$3,167.03
0.01%$3.92
-2.25%$0.608859
1.52%$1.093
1.07%$3,085.71
-0.45%$117,520.00
1.20%$116,399.00
0.32%$2,963.70
0.05%$0.009025
-1.66%$0.376736
-0.11%$0.999382
0.03%$0.0173374
15.15%$0.307508
0.90%$0.997685
0.01%$0.528235
-2.72%$0.565416
31.87%$0.056699
-2.56%$0.557524
2.06%$0.403218
-5.06%$117,761.00
1.13%$1.70
-0.53%$2.93
11.80%$0.668102
-0.80%$46.22
3.98%$1.51
-2.28%$26.27
-1.80%$0.203634
2.82%$0.999793
0.01%$0.100711
7.45%$0.141979
-2.55%$2,964.07
0.05%$0.999351
-0.01%$1.00
-0.05%$0.222391
-1.31%$0.00792681
-3.32%$3,152.68
-0.03%$0.609265
-2.50%$0.00456421
-5.31%$0.416308
-1.43%$0.00000045
1.78%$0.999955
0.01%$0.062085
1.64%$46.85
-1.43%$6.23
-0.81%$7.59
-4.83%$15.20
-1.40%$3,270.36
-0.07%$1.13
-7.99%$1.34
-3.79%$0.35397
0.77%$0.168008
-2.70%$0.00002085
0.71%$6.29
-0.67%$0.00447716
1.14%$1.094
0.04%$2.47
-1.41%$0.056476
-4.88%$117,542.00
1.56%$0.999043
0.21%$0.288065
13.88%$0.152224
-0.92%$3,244.05
0.06%$1.001
0.25%$0.04000679
-0.99%$0.541336
-0.16%$1.61
-4.13%$2,965.50
-0.06%$2,964.97
0.09%$0.999993
-0.01%$0.03667286
1.92%$2,930.57
-0.72%$0.07663
0.23%$0.363264
-2.97%$0.00678855
-5.01%$0.01857389
3.05%$0.355175
-1.54%$117,611.00
2.11%$1.00
0.02%$178.14
-0.95%$0.523644
-1.49%$0.854638
-0.89%$0.00006302
-1.80%$20.91
-0.05%$1.15
-7.29%$0.231406
3.77%$127.37
0.69%$0.741684
-3.47%$11.32
2.78%$3,581.52
-0.01%$1.21
-1.83%$25.26
-0.42%$0.00374141
0.94%$0.9993
-0.01%$0.7527
-1.29%$0.02939425
-0.93%$0.999578
0.04%$0.999432
0.02%$0.308504
-2.01%$20.78
-0.40%$0.663235
1.07%$0.00352537
11.90%$1.00
0.01%$118,027.00
1.37%$2,366.14
1.08%$0.00419092
-7.11%$1.02
0.04%$3,110.39
-0.11%$114,953.00
-0.40%$16.89
-0.23%Reading
The Israel-based team behind StarkWare has taken another step towards decentralization: The launch of a native token.
According to details seen by Decrypt, the token is part of a two-pronged agenda to become a "public good like Ethereum or the Internet." The second aspect of today's announcement revolves around the launch of the StarkNet Foundation, a non-profit organization.
The StarkNet Foundation will see to it that the technology is stewarded towards its goal of wide adoption.
StarkNet is the name of the layer-2 scaling technology for Ethereum and StarkWare is the development team building it. The technology itself leverages rollup technology to improve the network's scalability.
As for the token, it will serve three purposes: To pay transaction fees on StarkNet, to serve as a governance token, as well as to support the technology's consensus mechanism.
There will be an initial 10 billion tokens minted, of which contributors such as the development team's investors (17%), development partners and employees (32.9%), and to the foundation (50.1%).
The token is expected to go live on Ethereum this September. It's unclear when members of the broader StarkNet community will receive an allocation of the token. Documents seen by Decrypt do, however, indicate that the launch "will filter and exclude usage that is deemed by to be an abuse and gamification of the network."
During hyped airdrop events, users will often create multiple wallets, and execute a variety of operations with the protocol in question, all in hopes of raking in a much larger allocation than a single wallet.
The token launch came just a day after Zhu Su, a co-founder of the troubled crypto fund Three Arrows Capital (3AC), suggested that a token was in the works prior to the announcement.
Sadly, our good faith to cooperate with the Liquidators was met with baiting. Hope that they did exercise good faith wrt the StarkWare token warrants. pic.twitter.com/CF73xI8r6n
— Zhu Su 🔺 (@zhusu) July 12, 2022
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