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BREAKING: STRK token unlocks have been revised after community Backlash

StarkWare is adjusting the lockup schedule for STRK tokens held by its team and investors, sidestepping controversial plans to unlock 13.4% of the total supply all at once in April

Criteria for airdrop was very unfair given the criteria of having ETH balance which affected many genuine users for example who put up liquidity, holding stables , did their cairo upgrade with fees to see their balance below the criteria of 0.005 ETH. They should have done the ARB way is my opinion 🫡

Insider-held STRK tokens will still begin unlocking in April, still far earlier than is typical for a token launch, but only 0.64% will be unlocked on a monthly basis from that point until that rate doubles in early 2025

Will this move satisfy STRK holders? Sound off below 📢

That was the right thing to do. Good for them 👍