Cryptocurrency Q&A
How many Starknet tokens?
How many Starknet tokens?
Silvia
Mon Jun 17 2024
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5 answers
1219
Could you please elaborate on the question "How many Starknet tokens?"? Are you inquiring about the total supply of Starknet tokens that have been issued? Or perhaps you're interested in the current circulating supply? Additionally, are you seeking information on the distribution of these tokens among different stakeholders or their trading volume on exchanges? Understanding your specific intent will help me provide a more accurate and relevant response. Could you please clarify your question further?
5 answers
SolitudePulse
Wed Jun 19 2024
The tokens allocated to team members and early contributors are subject to a lock-up schedule. This schedule ensures that these tokens are not prematurely sold or transferred, maintaining stability in the token supply and preventing potential market manipulations.
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Giulia
Wed Jun 19 2024
The lock-up schedule specifies the terms and conditions of token vesting, outlining when and how the tokens can be unlocked and used. This structure ensures a gradual release of tokens into the market, preventing any sudden surges or dumps that could potentially destabilize the token's price.
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Sofia
Wed Jun 19 2024
Starknet tokens, totaling ten billion, were originally generated by StarkWare in May 2022. This marked the official commencement of the token's supply and distribution process. The issuance of these tokens represented a significant milestone in StarkWare's development and signaled the company's commitment to its blockchain ecosystem.
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Lorenzo
Wed Jun 19 2024
On November 30, 2022, the Starknet tokens were officially minted onchain, marking a crucial step in their journey into the cryptocurrency market. This event solidified the tokens' existence within the blockchain, making them available for trading and utilization within the Starknet ecosystem.
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Nicola
Wed Jun 19 2024
A portion of the Starknet tokens were allocated to StarkWare's team members and early contributors. This allocation served as a reward for their contributions to the project and as an incentive for continued support and development.
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