AstroSwap | AMM on Starknet

🚀 #Starknet TVL rebounds after consolidation, signaling an upward trend 🦇 🌟 Celebrate the top TVL growth projects last 7 days: 🎉 🥇 @nostrafinance 🥈 @StarkDefi 🥉 @EkuboProtocol @zkLend @JediSwap @CarmineOptions @starkfinance @Cairo_Fi @AstroSwapreal @ProtossDEX $STRK 💪

🚨 Key takeaways from the Starknet Foundation's recent update (2 hours ago) about $STRK airdrop 🚨 First things first: 1/ Out of the total +1.8 billion $STRK tokens planned for allocation across multiple initiatives, the first allocation will be 900 million $STRK tokens. This first allocation is managed by the Provisions Committee, which will distribute these tokens in a fair, decentralized, and transparent manner across various programs and phases. This gives us a key idea that it probably won't just consist of a single airdrop and then nothing else. This gives us to understand that there will be more and several airdrops in the future (as @optimismFND does). So we can also deduce that this could mean that you will have more time and another opportunity to continue interacting with the network. This distribution of 900 million $STRK tokens will reward both past and future contributions by users and community members. 2/ Saying Thanks with Rebates: Another 900 million $STRK tokens, is set aside to give back to users as rebates. Basically, if you're making transactions on the network, you could get some $STRK as a thank-you for your activity (what OP did, giving back users in OP token what they spent on ETH fees). They're still figuring out the details, but the idea is to appreciate users by helping them save on those transaction fees. 3/ On-Chain Incentives for DeFi: 50 million $STRK to incentivize activities on DeFi protocols. The focus is on enhancing liquidity, trading volume, and overall growth within Starknet's ecosystem. This means direct, indirect and retroactive incentives in DeFi. So it is to be expected that protocols in the Starknet ecosystem will also receive the tokens. The DeFi Committee is concluding its research phase and will begin execution and deployment in Q1 2024. 4/ There will be future Incentive mechanisms for developer and dapps. About this point, an announcement is expected next week. This indicates ongoing efforts to foster network growth. 5/ Eligibility: Receiving $STRK tokens will be subject to specific terms and conditions which will be unveiled soon. All these moves really highlight how Starknet values its community. They're betting big on everyone involved – users and builders. They already made it clear, as the airdrop will take place over multiple programs and phases. The $900M $STRK allocated for distribution, will not be delivered all at once. This is very positive, because as we said before, this approach aims to keep users engaged and committed to the network on a consistent and steady basis. This represents a second chance for not only those who did not interact with the network, but also for those who once did. Full announcement from @Starknet here: x.com/starknetfndn/s…