grimer (grimer)
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Starknet has launched a token incentive program worth about $25.2 million for high-performing projects
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PANews reported on May 28 that according to Cointelegraph, the Starknet Foundation announced that it will distribute about $25.2 million worth of Starknet tokens to the 21 best projects in the ecosystem as part of its new Catalyst program.
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Diego Oliva, CEO of the Starknet Foundation, said the project has chosen to reward the top-tier user-facing protocols based on multiple factors, the weighting of which is measured by both the Starknet Foundation and an independent third party.
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The grant program aims to accelerate the innovation of Starknet's Ethereum Layer 2 scaling solution based on zero-knowledge rollup technology. Grants will be divided into two categories, separating high-level projects from emerging projects on the network.
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