This marks the first installment of Starknet’s Catalyst program, aiming to incentivize blockchain development on the network.
The Starknet Foundation will distribute 20 million Starknet (STRK) tokens to the most advanced projects on the network.
As part of its new Catalyst program, the Starknet Foundation will distribute approximately $25.2 million worth of Starknet tokens to the 21 best-performing projects in the ecosystem, according to an announcement shared with Cointelegraph.
The program has chosen to reward the top user-facing protocols based on multiple factors, which were weighed by the Stark Foundation together with an independent third-party, according to Diego Oliva, the CEO of Starknet Foundation. Oliva told Cointelegraph:
