StarkNet is a Layer 2 scaling network based on Ethereum, employing zero-knowledge STARK proof technology to improve throughput and composability while maintaining the security of the Ethereum mainnet.
STRK is the native token of its ecosystem, used for network governance, transaction fee payment, staking, and incentive mechanisms.
As the core token of the StarkNet ecosystem, STRK is entrusted with several important roles:
Fee Payment: Users can use STRK to pay transaction fees when executing transactions or calling smart contracts on StarkNet.
Governance Participation: STRK holders can participate in network governance and propose and vote on protocol changes.
Staking and Node Participation: In the future, users will stake STRK to become validators or delegators, participating in network consensus and earning rewards.
Ecosystem Incentives: Community contributors, developers, and application projects can earn rewards through STRK incentives, driving ecosystem prosperity.
