The Starknet (STRK) price has risen thanks to the decision taken by the developers of the project in line with the demands of the community.
StarkWare, developer of Starknet, during the airdrop to the project team separated and unlocked in April expected tokens made significant cuts in the number.
Starknet, an Ethereum-based Layer 2 project, launched this week More than 700 million STRK tokens distributed. Team, developers of the project And investors starting from next month announced that they could sell the tokens donated to them.
Starkware, “In line with the feedback we received from our collaborators and friends in the ecosystem, we decided to early contributors And investors created for lock calendarprocess make it slower “We are changing it for you.” made the statement.
Before this decision, in total 10 billion STRK 13.4% of unlock on April 15 was planned to open. As a result of the decision taken, this rate reduced to 0.64%.
Starkware, “Unlocks will be made monthly until March 15, 2025. at a rate of 0.64% on a monthly basis for a period of 24 months from that date until March 15, 2027. as 1.27% “It will change.” said.
In total, the tokens allocated to the investors of the project are: 2 billion of them It was expected to be unlocked by the end of this year. Thanks to the change, this number to 580 million fell.
Starknet lock opening planits market will negatively affect He attracted the reaction of many people with his concern. STRK price, with the change of this plan up more than 10%.