Starknet, an Ethereum Layer-2 blockchain, has remarkably dropped its active users in the past seven days amid increasing grievances over its Starknet Provisions Program airdrop.
According to Starkscan data, the active users were under 20,000 on February 9 to an almost high of over 220,500 on February 14, as users and airdrop farmers jammed to the network hoping to get an issuance.
Starknet revealed that its STRK token airdrop is set for the February 20 launch, but active users dropped to nearby announcement levels and saw just over 84,000 active accounts on February 19.
Starknet’s community has raised concerns regarding the eligibility criteria for their airdrop. Users who had less than 0.005 Ether (worth approximately $10 at the time) in their accounts on November 15, 2023, were excluded from receiving tokens.
Many users, active on Twitter and the project’s Discord, expressed frustration as they had conducted significant transactions and contributed liquidity to the network but still missed out on the token distributions due to not meeting the minimum wallet balance requirement.
On February 19, Starkent posted on Twitter that “we hear the feedback that some dedicated community members and network users have been left out due to certain Provisions criteria, and we are actively working to address these concerns.”
Despite its active users dropping, Starknet’s total value locked is $56.73 million, falling around 5.7% from its Feb. 14 all-time high of $57.5 million, according to DefiLlama.
Also Read: Starknet’s STRK Token Airdrop Sparks Trading Frenzy
