Starknet Foundation: A token incentive program will be launched to distribute approximately 25.2 million USD worth of STRK tokens to priority-performing projects

ChainCatcher news, according to Cointelegraph, the Starknet Foundation announced that as part of its new Catalyst program, it will distribute approximately $25.2 million worth of Starknet tokens to the 21 most outstanding projects in the ecosystem.

Diego Oliva, CEO of the Starknet Foundation, stated that the project has chosen to reward the top user-facing protocols based on multiple factors, the weight of which is assessed jointly by the Starknet Foundation and independent third parties. This funding program aims to accelerate innovation in Starknet's Ethereum Layer 2 scaling solution based on zero-knowledge rollup technology. The funding will be divided into two categories, separating advanced projects from emerging projects on the network.

The top six projects eligible for funding include the token launch platform Ekubo, the DeFi protocol AVNU with gasless transactions, the on-chain strategy game Influence, the on-chain gaming world Realms, the upcoming DeFi protocol Nostra for crypto super applications, and the decentralized perpetual futures exchange ZKX.