Verify a decision

{"actor":"system:backfill","investigation_id":"60467ada-cfc0-4f9d-9b8c-1b4c334089c8","kind":"publish","page_slug":"starknet","published_at":"2026-05-31T17:41:59.172Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"Starknet","sections":[{"content":"Starknet is a Type-4 ZK-rollup built by StarkWare Industries, an Israeli cryptography startup founded in 2018. Unlike optimistic rollups that rely on fraud proofs, Starknet submits cryptographic STARK (Scalable Transparent ARgument of Knowledge) proofs to Ethereum mainnet, verifying the correctness of batched transactions without requiring a trust setup. The network uses the Cairo programming language — a Turing-complete language purpose-built for STARK-provable computation — rather than the Ethereum Virtual Machine. Starknet's alpha mainnet launched on November 16, 2021. Permissionless smart contract deployment opened in 2022. The STRK token was deployed on Ethereum on November 16, 2022, bridged to Starknet in November 2023, and publicly distributed via the Provisions airdrop on February 20, 2024. The network's proving infrastructure was upgraded in 2025 from the Stone prover to the Stwo prover, which StarkWare claims delivers roughly 100x improvement in proving throughput. StarkWare raised a total of $287 million across six funding rounds, reaching an $8 billion valuation in its Series D round in May 2022. Notable investors include Sequoia Capital, Paradigm, Coatue, Tiger Global, and Greenoaks Capital. Three Arrows Capital (3AC) and Alameda Research, both of which subsequently went bankrupt, were earlier investors in StarkWare.","heading":"Background and Technology","severity":"low","sources":[{"credibility":1,"name":"Starknet — The L2 Validity Rollup Scaling Ethereum (StarkWare official)","type":"official","url":"https://starkware.co/starknet/"},{"credibility":1,"name":"StarkWare Reaches $8B Valuation Following Latest $100M Funding Round — CoinDesk","type":"news_article","url":"https://www.coindesk.com/business/2022/05/25/starkware-reaches-8b-valuation-following-latest-100m-funding-round"},{"credibility":1,"name":"StarkWare quadruples valuation to $8B in 6 months — TechCrunch","type":"news_article","url":"https://techcrunch.com/2022/05/25/starkware-quadruples-valuation-to-8b-in-6-months-closing-round-in-choppy-market/"},{"credibility":2,"name":"Starknet mainnet launch milestones — OKX Learn","type":"news_article","url":"https://www.okx.com/learn/starknet-mainnet-launch-ethereum-layer2"}]},{"content":"Starknet distributed 700 million STRK tokens (7% of the 10 billion total supply) to over 1.3 million recipients through its Provisions Program airdrop on February 20, 2024. The airdrop was positioned as one of the broadest token distributions in crypto history, covering Starknet users, Ethereum developers, GitHub open-source contributors, Ethereum stakers, and StarkEx users. However, the airdrop generated significant community criticism on multiple fronts. First, eligibility criteria were considered arbitrary: a minimum wallet balance of 0.005 ETH at the time of the November 2023 snapshot was required, which excluded many active users who had transacted on Starknet but did not hold that balance. Starknet acknowledged that 'some dedicated community members and network users have been left out due to certain Provisions criteria.' Second, approximately 1,854 GitHub accounts disappeared or were renamed after the eligibility snapshot was taken, with about 1,175 of those linked to duplicate GitHub IDs, suggesting coordinated airdrop farming. On-chain analytics firm Lookonchain alleged that a single entity received over 1.4 million STRK tokens worth approximately $3 million through 1,361 wallets. Third, STRK active users collapsed from approximately 225,000 on February 13, 2024 to approximately 25,000 by February 20, 2024 — a roughly 90% decline in a single week. Starknet later made targeted revisions, distributing over 6.9 million STRK to approximately 1,000 solo ETH validators who were previously misclassified, and reserving over 1 million STRK for future community allocation.","heading":"STRK Token and Airdrop Controversy","severity":"high","sources":[{"credibility":2,"name":"Starknet moves to address critics of STRK token airdrop — Blockworks","type":"news_article","url":"https://blockworks.co/news/starknet-strk-airdrop-complaints"},{"credibility":2,"name":"Starknet Airdrop Eligibility Clash Triggers 90% Drop in Users — BeInCrypto","type":"news_article","url":"https://beincrypto.com/starknet-users-drop-airdrop-eligibility-squabble/"},{"credibility":2,"name":"Users Still Disgruntled After Starknet Airdrop Fix Targets Mostly Validators — The Defiant","type":"news_article","url":"https://thedefiant.io/news/defi/users-still-disgruntled-after-starknet-airdrop-fix-targets-mostly-validators"},{"credibility":2,"name":"Starknet Airdrop Faces Accusations of Unfairness and Secrecy — CoinLive","type":"news_article","url":"https://www.coinlive.com/news/the-scam-behind-stark-airdrop"},{"credibility":2,"name":"STRK drops 50% since airdrop: Sell-offs and Sybil attack to blame? — AMBCrypto","type":"news_article","url":"https://ambcrypto.com/strk-drops-50-since-airdrop-sell-offs-and-sybil-attack-to-blame/"}]},{"content":"Among the most substantive criticisms of the STRK token launch was the disclosure that 1.314 billion STRK tokens — approximately 13.1% of total supply — were originally scheduled to unlock for early contributors and investors on April 15, 2024, less than two months after the token became publicly tradable on February 20, 2024. Community members and analysts argued this violated standard industry norms, which typically impose at least a one-year cliff on team and investor allocations to ensure long-term alignment and reduce sell pressure on retail participants. Critics characterized the schedule as allowing insiders to use retail users as exit liquidity. STRK's price declined approximately 60% from its all-time high of around $4.41–$5.30 on February 20, 2024 to below $1.90 within days of launch. On February 22, 2024, StarkWare CEO Eli Ben-Sasson announced a revised lockup schedule, reducing the April 15, 2024 unlock from 13.1% to just 0.64% (64 million tokens), with subsequent monthly unlocks of 0.64% through March 2025 and 1.27% per month thereafter through March 2027. Ben-Sasson stated publicly: 'The unlocking for the team and early investors is one aspect in which we may be non-standard. But we build different.' He also argued that extending locks would not necessarily prevent investor selling. Noteworthy is that two prominent early StarkWare investors, Three Arrows Capital and Alameda Research, became insolvent in 2022. Three Arrows Capital's court-appointed liquidator Teneo held StarkWare tokens that were subject to the contested unlock schedule. As of May 2026, approximately 62.9% of STRK's total supply has unlocked, with the schedule extending to 2027.","heading":"Token Unlock Schedule and Investor Allocation Controversy","severity":"high","sources":[{"credibility":1,"name":"Starknet's STRK Jumps After Developer StarkWare Agrees to Delay Token Unlocks — CoinDesk","type":"news_article","url":"https://www.coindesk.com/tech/2024/02/22/starknets-strk-jumps-after-developer-starkware-agrees-to-delay-token-unlocks"},{"credibility":2,"name":"StarkWare revises STRK token lockup schedule after criticism — Blockworks","type":"news_article","url":"https://blockworks.co/news/starkware-airdrop-token-lockup"},{"credibility":2,"name":"StarkWare changes STRK token unlock schedule following controversy — CoinTelegraph","type":"news_article","url":"https://cointelegraph.com/news/starkware-changes-controversial-investor-starknet-token-unlock-schedule"},{"credibility":2,"name":"StarkWare Revises Token Unlock Schedule Amid Controversy — Unchained","type":"news_article","url":"https://unchainedcrypto.com/starkware-revises-token-unlock-schedule-amid-controversy/"},{"credibility":2,"name":"Starkware CEO Dismisses Starknet Airdrop, Token Unlocks Controversy: 'We Build Different' — Decrypt","type":"news_article","url":"https://decrypt.co/217583/starkware-ceo-dismisses-starknet-token-controversy"},{"credibility":2,"name":"Starknet (STRK) Tokenomics and Vesting Schedule — Tokenomist","type":"research","url":"https://tokenomist.ai/starknet"}]},{"content":"Starknet, like most ZK-rollups at launch, operated with a single, centralized sequencer controlled exclusively by StarkWare. This meant StarkWare was the sole entity able to propose and order transaction blocks on Starknet, creating risks including maximum extractable value (MEV) exploitation, potential transaction censorship, and single-point-of-failure downtime. L2Beat, a recognized independent L2 risk monitoring platform, classified Starknet in earlier stages as having critical centralization risks in its operator category. The Grinta upgrade (v0.14.0), which went live on mainnet on September 1, 2025, marked a structural milestone: Starknet became the first ZK-rollup in production to operate a distributed sequencer architecture, introducing a network of three sequencer nodes running in consensus rotation. However, as of the upgrade date, all three nodes continued to be operated by StarkWare itself, making the architecture distributed in structure but not yet externally decentralized. Starknet's published roadmap targets full external validator participation for sequencing in 2026. On the upgrade key risk dimension, L2Beat noted that Starknet's Security Council can execute upgrades with no delay, while standard upgrades have an 8-day delay with a 7-day effective exit window for users. The Security Council's ability to override the exit window represents a residual centralization risk. Staking Phase 1 launched on November 26, 2024, and as of early 2025 more than 170 million STRK had been staked by 63,000 delegators and 106 validators. In May 2025, L2Beat assigned Starknet its Stage 1 decentralization rating, making it the only ZK-rollup to hold that classification at the time. Stage 2, requiring a 30-day user exit window in any upgrade scenario, is targeted for early 2026.","heading":"Sequencer Centralization and Decentralization Progress","severity":"medium","sources":[{"credibility":2,"name":"Starknet — L2BEAT Risk Assessment","type":"research","url":"https://l2beat.com/scaling/projects/starknet"},{"credibility":2,"name":"Starknet hits Stage 1 decentralization, tops ZK-rollups — CoinTelegraph","type":"news_article","url":"https://cointelegraph.com/news/starknet-stage-1-decentralization-top-zk-rollup-tvl"},{"credibility":1,"name":"Starknet's Decentralization Roadmap in 2025 — Starknet Official","type":"official","url":"https://www.starknet.io/blog/decentralized-starknet-2025/"},{"credibility":1,"name":"Starknet Grinta: The Architecture of a More Decentralized Future — Starknet Official","type":"official","url":"https://www.starknet.io/blog/starknet-grinta-the-architecture-of-a-more-decentralized-future/"},{"credibility":2,"name":"Starknet makes history as first L2 to introduce staking on mainnet — Crypto.news","type":"news_article","url":"https://crypto.news/starknet-makes-history-as-first-l2-to-introduce-staking-on-mainnet/"}]},{"content":"The Starknet ecosystem experienced a significant security incident on February 12, 2025, when zkLend, a decentralized lending protocol built on Starknet, suffered an exploit resulting in the loss of approximately $9.57 million in crypto assets. The vulnerability exploited a decimal precision error in the protocol's interest rate accumulator mechanism, where the safeMath library's integer division rounded down in a way that allowed an attacker to artificially inflate collateral balances through repeated deposit-withdrawal cycles combined with flash loans. The stolen funds were bridged from Starknet to Ethereum via the official StarkNet bridge, then routed toward Tornado Cash and Railgun. Railgun returned the funds to the original attacker address per its protocol policies. zkLend offered a 10% bug bounty in exchange for the return of remaining funds; the attacker returned approximately $3.2 million. Post-mortem analysis by SlowMist noted potential code similarities to the EraLend hack on zkSync Era from July 2023, suggesting a possible shared vulnerability pattern or actor. The zkLend exploit was a vulnerability in a third-party application built on Starknet and does not represent a flaw in the Starknet protocol itself, but it underscores the ecosystem-level security risks associated with Cairo's distinct programming model and the specialized audit requirements for Starknet-native applications.","heading":"Ecosystem Security Incidents","severity":"high","sources":[{"credibility":2,"name":"Explained: The zkLend Hack (February 2025) — Halborn Security","type":"research","url":"https://www.halborn.com/blog/post/explained-the-zklend-hack-february-2025"},{"credibility":2,"name":"zkLend loses $9.5M in exploit, offers bounty to hacker — CoinTelegraph","type":"news_article","url":"https://cointelegraph.com/news/zklend-starknet-hack-4-9m-bounty"},{"credibility":2,"name":"zkLend Hack: $10M Exploit Exposes Starknet Vulnerabilities — OKX Learn","type":"news_article","url":"https://www.okx.com/learn/zklend-hack-starknet-defi-vulnerabilities"},{"credibility":2,"name":"In-Depth Analysis of zkLend Hack Linked to EraLend Hack — SlowMist","type":"research","url":"https://slowmist.medium.com/in-depth-analysis-of-zklend-hack-linked-to-eralend-hack-fba4af9b66ef"}]},{"content":"The STRK token has a fixed total supply of 10 billion tokens, with the following approximate allocation as disclosed by StarkWare: Early Contributors (20.04%), Investors (18.17%), Grants and Development Partners (12.93%), StarkWare (10.76%), Community Provisions (9.00%), Community Rebates (9.00%), Starknet Foundation Strategic Reserves (10.00%), Foundation Treasury (8.10%), and Donations (2.00%). Combined, early contributors and investors hold approximately 38.2% of total supply — a meaningful concentration that, in the context of the revised but still relatively rapid unlock schedule, drew sustained concern about potential sell-side pressure on secondary markets. The STRK token serves three functions on the network: it is used to pay transaction fees (alongside ETH), it is the governance token for on-chain voting on protocol upgrades, and it is the staking token for validators earning network fees. Governance in the first phase was structured so that the Starknet Foundation delegates voting power to a Builders' Council and external delegates rather than voting directly, reflecting a hybrid model that balances technical expertise with token-holder participation. Critics have noted that in early phases, the majority of token holders are insiders — early contributors and investors — meaning effective governance power remains concentrated pending broader distribution. The STRK all-time high price of approximately $4.41–$5.30 was reached on February 20, 2024, coinciding with the airdrop launch. The price subsequently fell by over 90% to a low near $0.035 by mid-2025 before partially recovering.","heading":"Tokenomics and Governance Structure","severity":"medium","sources":[{"credibility":1,"name":"STRK Token Documentation — Starknet Docs","type":"official","url":"https://docs.starknet.io/learn/protocol/strk"},{"credibility":2,"name":"StarkNet (STRK) Tokenomics and Vesting Schedule — CryptoRank","type":"research","url":"https://cryptorank.io/price/starknet/vesting"},{"credibility":1,"name":"Starknet's Governance: First Phase — Starknet Official","type":"official","url":"https://www.starknet.io/blog/starknets-governance-first-phase/"},{"credibility":2,"name":"Starknet (STRK) Price — CoinGecko","type":"other","url":"https://www.coingecko.com/en/coins/starknet"}]},{"content":"As of the date of this investigation, no enforcement action by the U.S. Securities and Exchange Commission (SEC), Commodity Futures Trading Commission (CFTC), or any other major financial regulator has been publicly filed against Starknet, StarkWare Industries, or the Starknet Foundation. Anchorage Digital Bank became the first qualified custodian to offer institutional-grade custody and staking support for the STRK token, suggesting some degree of institutional regulatory compliance validation. The absence of public regulatory action is not a guarantee of future compliance; the classification of STRK under U.S. securities law has not been formally adjudicated, and the token's airdrop structure and investor allocation concentration remain potential areas of scrutiny under evolving U.S. and international digital asset regulatory frameworks.","heading":"Regulatory Environment","severity":"low","sources":[{"credibility":2,"name":"Anchorage Digital Bank Becomes First Qualified Custodian for STRK — Anchorage Digital","type":"official","url":"https://www.anchorage.com/insights/anchorage-digital-bank-becomes-first-qualified-custodian-offer-institutional-grade-custody-staking-support-starknet"}]},{"content":"Starknet's total value locked (TVL) grew approximately 550% in 2024, rising from under $50 million to a peak above $330 million, driven in part by the STRK token launch and associated DeFi activity. By late 2025, TVL had climbed further to approximately $629 million, positioning Starknet as the largest ZK-rollup by TVL ahead of ZKsync Era's approximately $610 million. The ecosystem's TVL growth was significantly supported by integration of Bitcoin staking and the Extended perpetual futures decentralized exchange, which alone represented over 40% of ecosystem TVL. Starknet has a distinct Cairo-based developer ecosystem that differs substantially from EVM-compatible chains, which has historically been cited as a barrier to developer adoption relative to Optimism, Arbitrum, and other EVM-equivalent rollups. By year-end 2025, the network claimed more than 63,000 staking delegators and 106 registered validators in its early staking program.","heading":"Ecosystem Performance and TVL","severity":"low","sources":[{"credibility":2,"name":"Starknet — DeFi TVL and Fees — DefiLlama","type":"on_chain","url":"https://defillama.com/chain/starknet"},{"credibility":2,"name":"Ethereum Layer 2 Starknet Sees 550% TVL Surge in 2024 — Bitget News","type":"news_article","url":"https://www.bitget.com/news/detail/12560604381083"},{"credibility":1,"name":"Starknet in 2025: ZK Scaling Goes Mainstream — Starknet Official","type":"official","url":"https://www.starknet.io/blog/starknet-2025-year-in-review/"}]}],"sources_used":[{"credibility":1,"name":"Starknet Official Website","type":"official","url":"https://starkware.co/starknet/"},{"credibility":1,"name":"Starknet Documentation — STRK Token","type":"official","url":"https://docs.starknet.io/learn/protocol/strk"},{"credibility":1,"name":"StarkWare Reaches $8B Valuation — CoinDesk","type":"news_article","url":"https://www.coindesk.com/business/2022/05/25/starkware-reaches-8b-valuation-following-latest-100m-funding-round"},{"credibility":1,"name":"StarkWare quadruples valuation to $8B — TechCrunch","type":"news_article","url":"https://techcrunch.com/2022/05/25/starkware-quadruples-valuation-to-8b-in-6-months-closing-round-in-choppy-market/"},{"credibility":1,"name":"Starknet's STRK Jumps After Developer Agrees to Delay Token Unlocks — CoinDesk","type":"news_article","url":"https://www.coindesk.com/tech/2024/02/22/starknets-strk-jumps-after-developer-starkware-agrees-to-delay-token-unlocks"},{"credibility":1,"name":"StarkWare CEO Uri Kolodny Steps Down — CoinDesk","type":"news_article","url":"https://www.coindesk.com/business/2024/01/11/starkware-ceo-uri-kolodny-steps-down-due-to-family-health-issue"},{"credibility":2,"name":"StarkWare revises STRK token lockup schedule after criticism — Blockworks","type":"news_article","url":"https://blockworks.co/news/starkware-airdrop-token-lockup"},{"credibility":2,"name":"Starknet moves to address critics of STRK token airdrop — Blockworks","type":"news_article","url":"https://blockworks.co/news/starknet-strk-airdrop-complaints"},{"credibility":2,"name":"StarkWare changes STRK token unlock schedule — CoinTelegraph","type":"news_article","url":"https://cointelegraph.com/news/starkware-changes-controversial-investor-starknet-token-unlock-schedule"},{"credibility":2,"name":"Starknet Airdrop Eligibility Clash Triggers 90% Drop in Users — BeInCrypto","type":"news_article","url":"https://beincrypto.com/starknet-users-drop-airdrop-eligibility-squabble/"},{"credibility":2,"name":"Starkware CEO Dismisses Starknet Airdrop, Token Unlocks Controversy — Decrypt","type":"news_article","url":"https://decrypt.co/217583/starkware-ceo-dismisses-starknet-token-controversy"},{"credibility":2,"name":"StarkWare Revises Token Unlock Schedule Amid Controversy — Unchained","type":"news_article","url":"https://unchainedcrypto.com/starkware-revises-token-unlock-schedule-amid-controversy/"},{"credibility":2,"name":"Starknet — L2BEAT","type":"research","url":"https://l2beat.com/scaling/projects/starknet"},{"credibility":2,"name":"Starknet hits Stage 1 decentralization — CoinTelegraph","type":"news_article","url":"https://cointelegraph.com/news/starknet-stage-1-decentralization-top-zk-rollup-tvl"},{"credibility":1,"name":"Starknet's Decentralization Roadmap 2025 — Starknet Official","type":"official","url":"https://www.starknet.io/blog/decentralized-starknet-2025/"},{"credibility":1,"name":"Starknet Grinta Architecture — Starknet Official","type":"official","url":"https://www.starknet.io/blog/starknet-grinta-the-architecture-of-a-more-decentralized-future/"},{"credibility":2,"name":"Starknet makes history as first L2 to introduce staking — Crypto.news","type":"news_article","url":"https://crypto.news/starknet-makes-history-as-first-l2-to-introduce-staking-on-mainnet/"},{"credibility":2,"name":"Explained: The zkLend Hack (February 2025) — Halborn","type":"research","url":"https://www.halborn.com/blog/post/explained-the-zklend-hack-february-2025"},{"credibility":2,"name":"zkLend loses $9.5M in exploit — CoinTelegraph","type":"news_article","url":"https://cointelegraph.com/news/zklend-starknet-hack-4-9m-bounty"},{"credibility":2,"name":"In-Depth Analysis of zkLend Hack — SlowMist","type":"research","url":"https://slowmist.medium.com/in-depth-analysis-of-zklend-hack-linked-to-eralend-hack-fba4af9b66ef"},{"credibility":2,"name":"Starknet (STRK) Tokenomics — CryptoRank","type":"research","url":"https://cryptorank.io/price/starknet/vesting"},{"credibility":2,"name":"Starknet — DefiLlama","type":"on_chain","url":"https://defillama.com/chain/starknet"},{"credibility":1,"name":"Starknet in 2025: Year in Review — Starknet Official","type":"official","url":"https://www.starknet.io/blog/starknet-2025-year-in-review/"},{"credibility":1,"name":"Starknet Governance First Phase — Starknet Official","type":"official","url":"https://www.starknet.io/blog/starknets-governance-first-phase/"},{"credibility":1,"name":"About Us — StarkWare","type":"official","url":"https://starkware.co/about-us/"},{"credibility":2,"name":"Eli Ben-Sasson — Wikipedia","type":"other","url":"https://en.wikipedia.org/wiki/Eli_Ben-Sasson"},{"credibility":2,"name":"StarkWare Industries — Wikipedia","type":"other","url":"https://en.wikipedia.org/wiki/StarkWare_Industries"},{"credibility":2,"name":"Anchorage Digital Bank — First Qualified Custodian for STRK","type":"official","url":"https://www.anchorage.com/insights/anchorage-digital-bank-becomes-first-qualified-custodian-offer-institutional-grade-custody-staking-support-starknet"}],"summary":"Starknet is a permissionless ZK-rollup Layer 2 network on Ethereum, developed by Israeli cryptography firm StarkWare Industries. It uses STARK-based validity proofs and the Cairo programming language to scale Ethereum throughput. The project launched its STRK token in February 2024 and reached L2Beat Stage 1 decentralization in May 2025, but has faced significant community criticism over its airdrop eligibility criteria and an early, aggressive token unlock schedule for investors and early contributors.","timeline":[{"date":"2018-01-01","event":"StarkWare Industries founded in Israel by Eli Ben-Sasson, Uri Kolodny, Alessandro Chiesa, and Michael Riabzev.","source":"StarkWare Industries — Wikipedia","source_url":"https://en.wikipedia.org/wiki/StarkWare_Industries"},{"date":"2021-10-04","event":"Starknet alpha mainnet launched.","source":"Starknet Mainnet Launch Overview — OKX Learn","source_url":"https://www.okx.com/learn/starknet-mainnet-launch-ethereum-layer2"},{"date":"2021-11-16","event":"Starknet full mainnet launch.","source":"Starknet Mainnet Launch Overview — OKX Learn","source_url":"https://www.okx.com/learn/starknet-mainnet-launch-ethereum-layer2"},{"date":"2022-03-11","event":"StarkWare raises $100 million Series D round at $8 billion valuation, led by Greenoaks and Coatue. Three Arrows Capital and Alameda Research among earlier round investors.","source":"StarkWare Reaches $8B Valuation — CoinDesk","source_url":"https://www.coindesk.com/business/2022/05/25/starkware-reaches-8b-valuation-following-latest-100m-funding-round"},{"date":"2022-11-16","event":"STRK token ERC-20 contract deployed on Ethereum.","source":"Starknet token is deployed on Ethereum — Starknet Official","source_url":"https://www.starknet.io/blog/starknet-token-is-deployed-on-ethereum/"},{"date":"2023-11-12","event":"STRK token bridged to Starknet via the StarkGate protocol.","source":"Starknet 2024 Year in Review — Starknet Official","source_url":"https://www.starknet.io/blog/2024-roundup/"},{"date":"2024-01-11","event":"StarkWare CEO Uri Kolodny steps down for family health reasons; co-founder Eli Ben-Sasson takes over as CEO.","source":"StarkWare CEO Uri Kolodny Steps Down — CoinDesk","source_url":"https://www.coindesk.com/business/2024/01/11/starkware-ceo-uri-kolodny-steps-down-due-to-family-health-issue"},{"date":"2024-02-20","event":"STRK Provisions airdrop distributed to over 1.3 million recipients; STRK launches at approximately $4–$5.30 all-time high. Immediate community backlash over eligibility criteria.","source":"Starknet Airdrop Eligibility Clash Triggers 90% Drop in Users — BeInCrypto","source_url":"https://beincrypto.com/starknet-users-drop-airdrop-eligibility-squabble/"},{"date":"2024-02-22","event":"StarkWare announces revised token unlock schedule, reducing April 15 unlock from 13.1% to 0.64% of total supply following community backlash. STRK price jumps 10% on announcement.","source":"Starknet's STRK Jumps After Developer StarkWare Agrees to Delay Token Unlocks — CoinDesk","source_url":"https://www.coindesk.com/tech/2024/02/22/starknets-strk-jumps-after-developer-starkware-agrees-to-delay-token-unlocks"},{"date":"2024-11-26","event":"Starknet Staking Phase 1 goes live on mainnet, becoming the first L2 to introduce staking.","source":"Starknet makes history as first L2 to introduce staking on mainnet — Crypto.news","source_url":"https://crypto.news/starknet-makes-history-as-first-l2-to-introduce-staking-on-mainnet/"},{"date":"2025-02-12","event":"zkLend, a Starknet-based lending protocol, is exploited for approximately $9.57 million via a decimal precision vulnerability. Funds partially recovered after attacker returns approximately $3.2 million.","source":"Explained: The zkLend Hack (February 2025) — Halborn","source_url":"https://www.halborn.com/blog/post/explained-the-zklend-hack-february-2025"},{"date":"2025-05-16","event":"L2Beat assigns Starknet Stage 1 decentralization rating, making it the only ZK-rollup to hold that classification. Starknet concurrently surpasses ZKsync Era to become the largest ZK-rollup by TVL.","source":"Starknet hits Stage 1 decentralization, tops ZK-rollups — CoinTelegraph","source_url":"https://cointelegraph.com/news/starknet-stage-1-decentralization-top-zk-rollup-tvl"},{"date":"2025-09-01","event":"Starknet v0.14.0 'Grinta' upgrade goes live, introducing distributed sequencer architecture with three nodes running in consensus rotation — all three operated by StarkWare.","source":"Starknet v0.14.0 set to go live on mainnet Sep. 1 — Crypto.news","source_url":"https://crypto.news/starknet-v0-14-0-upgrade-live-on-mainnet-2025/"}]},"v":1}