Starknet Airdrop Controversy Leads to Sharp Decline in User Activity

Starknet, an Ethereum Layer-2 blockchain, has witnessed a notable decrease in active users over the last week, spurred by dissatisfaction with its recent Starknet Provisions Program airdrop.

After announcing the STRK token airdrop on February 14, the network saw a surge in user activity, with active users jumping to over 226,000, as per Starkscan.

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This influx was mainly due to participants eager to qualify for the airdrop. However, the excitement was short-lived as details of the airdrop's criteria led to a significant drop in active users, reverting nearly to levels seen before the announcement.

On February 19, after Starknet disclosed the specifics of the airdrop, there was a reduction in active users to just over 84,000.

The community's dissatisfaction stems from the airdrop eligibility requirements, which disqualified users holding less than 0.005 Ether in their accounts as of November 15, 2023.

This exclusion has sparked a considerable debate among Starknet users, with numerous individuals expressing frustration over being ineligible despite their contributions to the network.

Starknet acknowledged the community's concerns on X  and expressed intentions to resolve them in the future:

A meaningful resolution for these users requires time to research, design and test. It is in process and among our top priorities post-Provisions.

Starknet's active user base diminishing highlights the challenges of balancing equitable distribution with strategic incentives in the crypto space.

In other airdrop-related news, the pro-crypto Thai Prime Minister aims to launch an airdrop of national tokens.