The crypto platform celebrates its new entry with free coins for Dutch people

The Starknet token (STRK) flew into the crypto landscape the day before yesterday and immediately established itself among the big players in the ecosystem. The ZK Rollup Layer 2 network on Ethereum (ETH) has distributed more than 700 million STRK tokens in a highly anticipated airdrop.

Major global crypto exchanges have already made STRK tradable and the Dutch crypto exchange Bitvavo has also added the new coin to its extensive trading arsenal.

Don’t have an account with Bitvavo yet? Get 10 euros for free in your account when you create an account with Bitvavo using the button below. The 10 euros can be spent on more than 200 different crypto coins on the platform, including STRK.

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Starknet: Ethereum scaling network

An airdrop of Starknet’s STRK token has been long-awaited. The distribution was already announced at the end of last year, but yesterday it finally happened: 728 million STRK tokens were distributed to a total of 1.3 million eligible wallets. This represents 7.28 percent of the total supply of 10 billion tokens.

As previously mentioned, Starknet is an Ethereum Layer 2 network that a Zero knowledge (ZK) Rollup solution for scaling decentralized applications (dApps).

According to a statement, the newly launched token will help decentralize and govern the network.

“The STRK token is intended to enable more decentralized scaling on a STARK basis. The design of the token helps Starknet to be managed and governed by the community, and Provisions is a powerful tool to achieve this,” said Diego Oliva, CEO of the Starknet Foundation.

STRK also offers holders the opportunity to pay network transaction fees and participate in the consensus mechanism through staking.

The gigantic airdrop, also called the “Provisions Program” by Starknet, has proven to be a huge success. According to data from Token Flow, around 430 million tokens have already been claimed at the time of writing.

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On Tuesday, STRK was also immediately launched on major exchanges such as Binance, Bybit powered by SATOS and OKX. The trading price of the tokens started at around $5 each. The highest opening price of $7 was observed on Binance.

STRK has already lost more than half of its value. At the time of writing, the price is $1.83. With a total market capitalization of over $1.3 billion, it ranks 60th in the broader crypto market.

Bitvavo continues to expand its crypto offering

In addition to STRK, our country’s largest exchange has expanded its offering to include even more interesting altcoins. All new offers are listed below:

  • Cyber ​​(CYBER): A Web3 blockchain protocol for social applications.
  • Adventure Gold (AGLD): the native ERC-20 token of the non-fungible token (NFT) initiative Loot.
  • Mina (MINA): the native token of the Mina Protocol, a lightweight and efficient Layer 1 blockchain.
  • Pyth Network (PYTH): The native token of the oracle network Pyth Network.
  • Ondo (ONDO): The native token of Ondo Finance, a blockchain financial system that provides users with tokenized versions of “real world” assets.
  • Astar (ASTR): The native token of Astar Network, a blockchain interoperability platform focused on Polkadot (DOT) and Ethereum.
  • Ssv.network (SSV): the native token of SSV. Network, a fully decentralized open source Ethereum staking network.
  • Bluzelle (BLZ): The native token of Bluzelle, a speed-focused Layer 1 blockchain.
  • Dymension (DYM): the native token of Dymension, a modular blockchain ecosystem.

Discover the new cryptocurrency on Bitvavo. Get 10 euros in free credit when you create an account using this link.

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