Ethereum Layer-2 project Starknet continues to witness new developments day by day. Since last week, there has been an addition to the increasing STRK token productions. Argent X, one of the two wallet platforms in the Starknet ecosystem, heightened the excitement even further with a post shared via X on the 13th of December.
Eye-Catching Share from Argent X
The Web3 wallet platform Argent X, operating on the Starknet network, managed to attract attention with a tweet published on its official X page on December 13th. The team highlighted in their post that a significant step towards decentralization in the Starknet ecosystem would be taken the following week.
The team reminded users interested in this step to update their Argent X wallets and did not fail to publish the related steps on their blog site. You can also restart your browser or update your wallet manually via the developer option for the latest version, v5.11, of Argent X.
Starknet Team and Airdrop Process
Numerous allegations had been made regarding the airdrop site shared by the Starknet team during the testing phase. While discussions were heating up in crypto communities based on screenshots taken from this website, experienced individuals in airdrops proved that this website belonged to Starknet.
Following this process, the team announced on their official X page that they had a token plan and that the last transaction date was taken for evaluation. This tweet led to another topic of debate and resulted in both a decrease in the total value locked (TVL) and the number of transactions in the Starknet ecosystem.
On December 12th, the Starknet Foundation announced that $3.53 million worth of 1,600 Ethereum, which corresponds to 10% of commission revenues for developers, would be distributed through an incentive program. The program highlighted that ETH would be distributed in the first phase and STRK tokens in the second phase.
During this period, unlike Layer-2 ecosystems such as Arbitrum and Optimism, the Starknet team continues to attract both attention and criticism and appears to be taking interesting steps in this regard. Many projects that have drawn criticism from the community during such airdrop events continue to fail in terms of token performance in the subsequent periods.
