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UNCHAINED: Is the Short Team Lockup for STRK ‘Misaligned’? No, Says Starkware CEO

UNCHAINED: Is the Short Team Lockup for STRK ‘Misaligned’? No, Says Starkware CEO

FromCoinDesk Podcast Network


UNCHAINED: Is the Short Team Lockup for STRK ‘Misaligned’? No, Says Starkware CEO

FromCoinDesk Podcast Network

ratings:
Length:
42 minutes
Released:
Feb 16, 2024
Format:
Podcast episode

Description

Starknet community members were not happy about many of the details of who was eligible to receive tokens.Listen to the episode on Apple Podcasts, Spotify, Fountain, Overcast, Podcast Addict, Pocket Casts, Pandora, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform.Starknet made news this week for announcing what will be the largest initial airdrop by number of eligible addresses ever. But it faced heavy criticism online for many of the details of the airdrop, from the fact that Ethereum solo takers received almost 22% of the distribution to eligibility requirements that users held at least 0.005 ETH in their wallets as of Nov. 15, 2023 to the fact that the token generation event took place almost two years before the unlock date.Starkware CEO Eli Ben-Sasson joined Unchained to respond to the multiple critiques of the airdrop and discuss why he and the Starknet Foundation decided on the details that they did.  Show highlights:What the airdrop criteria was and why they decided to make it that wayWhy they allocated so much $STRK to Ethereum solo stakersEli’s response to the criticism about how little Starknet network participants got in the airdropWhy the STRK Token Generation Event (TGE) was done in 2022, only to be airdropped two years laterWhy Eli believes that even if the unlock of tokens is in two months, it does not indicate misalignment of incentivesWhether Eli will sell his tokens when they become unvestedThank you to our sponsors!  Popcorn Network  |  iTrustCapital  |  PolkadotGuest | Eli Ben-Sasson, CEO of StarkwareLinks | Recent coverage of Unchained on airdrops: Jupiter Founder Meow to Critics of JUP Airdrop: ‘Give Me a Break’Unchained: Starknet’s Airdrop Plan Sparks Some Praise but Also OutrageStarknet’s First Token Distribution Will Be Available to Nearly 1.3 Million AddressesThe Defiant: Starknet Faces Backlash Over Airdrop and Team UnlocksLoomdart’s tweet on the TGELearn more:Do You Have to Pay Taxes on a Crypto Airdrop?What Is a Crypto Airdrop? A Beginner's Guide -Unchained Podcast is Produced by Laura Shin Media, LLC.  Distributed by CoinDesk. Senior Producer is Michele Musso and Executive Producer is Jared Schwartz. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Feb 16, 2024
Format:
Podcast episode

Titles in the series (100)

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