CDS Crypto News Starknet Airdrop: What’s Behind the Disappearance of Nearly 2,000 Eligible Participants in the Starknet Airdrop?
Crypto News

Starknet Airdrop: What’s Behind the Disappearance of Nearly 2,000 Eligible Participants in the Starknet Airdrop?

The upcoming airdrop is poised to witness the scaling solution distribute 700 million STRK native tokens across 1.3 million eligible wallet addresses.

193
Starknet Airdrop: What'S Behind The Disappearance Of Nearly 2,000 Eligible Participants In The Starknet Airdrop?

Crypto News- The Starknet airdrop event has stirred up controversy due to unexpected developments. Banteg, a developer associated with Yearn Finance, raised concerns on Twitter regarding the disappearance of approximately 1,854 GitHub ID accounts from the list of eligible participants for the Starknet airdrop. This Web3 developer pointed out irregularities in the eligibility criteria for open-source developers, noting that accounts were either renamed or deleted shortly after the blockchain activity snapshot was taken.

Starknet Airdrop: What’s Behind the Disappearance of Nearly 2,000 Eligible Participants in the Starknet Airdrop?

Scheduled for February 20, the airdrop entails the release of 700 million STRK native tokens to 1.3 million eligible wallet addresses. Notably, 50% of these tokens are slated for distribution to protocol users, including open-source developers with a GitHub ID. Banteg suggested that these vanished GitHub IDs may be the result of efforts by airdrop hunters, commonly known as squatters, seeking to obtain free tokens from the protocol.

The situation becomes more intricate as Banteg highlighted that around 1,175 out of the 1,854 affected accounts had duplicate GitHub IDs. This discrepancy could potentially lead to double allocations for these developers once the airdrop commences. In response, Banteg took action by creating a pull request and uploading a new repository containing two JSON files – one with the original lists and another with the updated list – as a countermeasure against this potential exploitation.

Stringent Eligibility Standards for the Starknet Airdrop

Airdrops serve as a popular strategy for blockchain projects to generate excitement surrounding their protocol while rewarding early adopters and supporters. This approach is commonly utilized by various Web3-based decentralized applications (dApps), typically involving the distribution of tokens to eligible wallet addresses.

In the context of Starknet, numerous users have the opportunity to participate in the STRK token airdrop. Eligible recipients encompass a wide range of individuals, including Starknet users, community members, developers, StarkEx users, Ethereum developers, Ethereum stakers, and others. Additionally, participants affiliated with the Ethereum Protocol Guild and GitHub developers are considered within the accepted groups.

The issue raised by Banteg pertains to the eligibility criteria for GitHub and other open-source developers. As outlined on the Provisions portal, developers are required to provide their Starknet or GitHub ID to qualify for the airdrop. To meet the eligibility requirements, developers must demonstrate consistent contributions to repositories related to Starknet, Ethereum, or GitHub.

Starknet Airdrop: What's Behind The Disappearance Of Nearly 2,000 Eligible Participants In The Starknet Airdrop?

.

Leave a comment

Leave a Reply

Related Articles

Sui Blockchain Faces First Major Outage: What Happened and What’s Next

Sui blockchain faces its first major outage—learn what happened, the impact on...

MicroStrategy Stock Reaches New High as Bitcoin Surges Above $98,000

MicroStrategy’s stock surged to a new all-time high as Bitcoin reached $98,000,...

Mysten Labs Resolves Sui Blockchain Outage, dApps Resume Functioning

Mysten Labs Resolves Sui Blockchain Outage, dApps Resume Functioning

Top 3 Cryptos on November 21: Qubetics Soars as Ethereum and Solana Face Resistance

Top 3 Cryptos on November 21: Qubetics Soars as Ethereum and Solana...