Is the Short Team Lockup for STRK Misaligned? No, Says Starkware CEO - Ep. 609
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.\nStarknet 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.\nStarkware 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.\xa0\xa0\nShow highlights:\n\nWhat the airdrop criteria was and why they decided to make it that way\n\nWhy they allocated so much $STRK to Ethereum solo stakers\n\nEli\u2019s response to the criticism about how little Starknet network participants got in the airdrop\n\nWhy the STRK Token Generation Event (TGE) was done in 2022, only to be airdropped two years later\n\nWhy Eli believes that even if the unlock of tokens is in two months, it does not indicate misalignment of incentives\n\nWhether Eli will sell his tokens when they become unvested\n\nThank you to our sponsors!\n\nPopcorn Network\n\niTrustCapital\n\nPolkadot\n\nGuest\n\nEli Ben-Sasson, CEO of Starkware\nLinks\n\nRecent coverage of Unchained on airdrops: Jupiter Founder Meow to Critics of JUP Airdrop: \u2018Give Me a Break\u2019\n\n\nUnchained:\xa0\n\nStarknet\u2019s Airdrop Plan Sparks Some Praise but Also Outrage\n\nStarknet\u2019s First Token Distribution Will Be Available to Nearly 1.3 Million Addresses\n\nThe Defiant: Starknet Faces Backlash Over Airdrop and Team Unlocks\n\n\nLoomdart\u2019s tweet on the TGE\n\n\nLearn more:\n\nDo You Have to Pay Taxes on a Crypto Airdrop?\n\nWhat Is a Crypto Airdrop? A Beginner's Guide\xa0\n\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices