$STRK token has experienced significant price fluctuations and changes in token unlock schedules. StarkWare faced backlash and revised the lockup schedule, with only 0.64% of tokens unlocking on April 15 instead of the planned 13.4%. The decision was made after community feedback and concerns about long-term alignment with the Starknet ecosystem.
StarkWare CEO Eli Ben-Sasson said the shift to a “more gradual” STRK token release schedule came after listening to concerns from the community about the team’s long-term alignment with the Starknet ecosystem. @tikta_ reports https://t.co/HKzAW1Ousk
StarkWare said it is changing the locking schedule for its early contributors and investors, with 0.64% (64 million tokens) of the initial 10 billion tokens issued to be unlocked on April 15 instead of the originally planned 13.4 % (1.34 billion tokens). Under the new unlocking…
NEWS: STRK tokens lockup schedule revised by @StarkWareLtd after receiving community feedback.
StarkWare opts to gradually release STRK token following user feedback https://t.co/Y8wjFjLqtr
JUST IN: The @StarkWareLtd team has revised its token emission schedule after backlash from the crypto community. Only 0.64% of STRK will unlock on April 14 as opposed to the previously planned 13.4% Read more: https://t.co/7HWo99J6xN https://t.co/mrHNz3CXW3
"0.64% of the 10 billion tokens initially minted (64 million tokens) will unlock on April 15, as opposed to the planned 13.4% (1.34 billion tokens)." Longed $STRK here. https://t.co/DLrY5Z8Z02
*STARKWARE MASSIVELY REDUCES SCALE OF STARKNET TOKEN UNLOCKS STARTING APRIL - THE BLOCK PRO
We 1. listened to concerns re. long-term alignment of @StarkWareLtd w/ Starknet ecosystem. 2. proposed a more gradual release schedule 3. believe trust is earned with actions, not just words 4. thank investors for their support on this @StarkWareLtd ❤️ @Starknet https://t.co/WZsiZsn3yM
STARKWARE CHANGES TOKEN UNLOCK SCHEDULE AFTER COMMUNITY CRITICISM: STATEMENT Source: DB
Important update: After listening to feedback from ecosystem friends and collaborators, we are changing the lockup schedule for StarkWare’s early contributors and investors to make it more gradual. We value this community and want to earn its trust by building great tech that…
🧩 Pragma is proud to launch the STRK/USD price feed STRK is the native token of @Starknet, now enabling users to pay their transaction fees in STRK 👀 The STRK is now available on @Starknet Mainnet https://t.co/rmQF0cY4yZ
NEW: STRK tokens fell over 30%, suggesting a sell-off by many holders upon receiving their allocations. Starknet's token distribution plan for its development team and investors has faced scrutiny. https://t.co/iD6kTAD7SJ
$STRK is down 55% in the past 24 hours with over $1.2 billion in trading volumes, data shows. Only $3 million worth of STRK futures were liquidated, suggesting most of the selling pressure was spot-driven. By @shauryamalwa. https://t.co/yw4bd92M5p