Ethereum Layer 2 StarkWare delays first token unlocks to April 2024

StarkWare has delayed the first unlocks of its native StarkNet (STRK) token to April 2024.

“We are focussing on building the technology. We are updating the roadmap as needed, and this includes an update to lockup,” said a StarkWare spokesperson.

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EXCLUSIVE

Ethereum Layer 2 StarkWare delays first token unlocks to April 2024

by Yogita Khatri

LAYER 2S AND SCALING • OCTOBER 3, 2023, 12:43PM EDT

Published 5 MINUTES EARLIER on

The Block

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StarkWare has delayed the first unlocks of its native StarkNet (STRK) token to April 2024.

“We are focussing on building the technology. We are updating the roadmap as needed, and this includes an update to lockup,” said a StarkWare spokesperson.

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Ethereum Layer 2 developer StarkWare has delayed the first unlocks of its native StarkNet (STRK) token by over five months.

The new unlock date has been pushed to Apr. 15, 2024, from the previously scheduled date of Nov. 29, 2023, according to a transaction in one of the StarkWare token locking mechanism contracts carried out on Sunday, Etherscan shows.

Commenting on the delay, a StarkWare spokesperson told The Block: "We are focussing on building the technology. We are updating the roadmap as needed, and this includes an update to lockup."

November lalu, Starknet Foundation juga meluncurkan, dengan 50,1% dari total pasokan token STRK untuk memenuhi visi proposal desentralisasi StarkNet. Token STRK akan digunakan untuk membayar biaya transaksi, tata kelola, dan staking di jaringan StarkNet.

#cryptocurrency #crypto2023 #layer2