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starknet
The Protocol: Restaking Tokens Are Exploding, and Restaking Isn't Even Live
In this week's issue of our weekly blockchain tech newsletter, Sam Kessler explores how "liquid restaking tokens" or LRTs are remaking decentralized finance. PLUS: Starknet's STRK airdrop, Stellar's smart-contract facelift and bitcoin's supply crunch.

STRK Tokens Claimed Hit 420M in a Day as On-Chain Metrics Soar
The Starknet blockchain hit a record-high 1.06 million transactions on Tuesday, with a peak of 45.2 transactions per second.

Starknet’s STRK Drops 53% Amid Token Issuance Criticism
The tokens started trading at around $5 apiece, exchange data shows, and fell ahead of significant token unlocks planned in the months ahead.

Starknet Token STRK Begins Trading at $5 After Mammoth Airdrop
Fully diluted value of STRK reached as high as $50 billion with an initial market cap of $3.64 billion.

The Protocol: Bitcoin's OP_CAT, Fake Ethereum Tokens, Starknet's Airdrop
CoinDesk's Jamie Crawley takes a look at the suddenly-high-profile proposal to revive Bitcoin's historic "OP_CAT" function as a way of enabling more development on the oldest blockchain. PLUS: the unofficial "ERC-404" tokens driving up fees on Ethereum and highlights from our Protocol Village column over the past week.

Starknet's STRK Could Debut With Market Cap of Over $1B, Aevo's Pre-Launch Futures Suggest
Starknet is set to launch its native token STRK through an airdrop of 728 million coins on Feb. 20.

Starknet Blockchain Plans Much-Awaited Airdrop of New STRK Tokens Next Week
The airdrop will happen on Feb. 20, and eligible users have until June 20 to claim their tokens

Layer-2 Blockchain Developer StarkWare Plans ‘Cairo’ to Verify Layer-3s
The Cairo Verifier, which the StarkWare and the Herodotus developer team worked on together, is a key piece of technology that verifies proofs and posts them back to the layer-2 blockchain, instead of Ethereum’s mainnet.

Celestia Rival Avail Inks Agreement With Starkware as Blockchain Data Race Heats Up
Avail's new "data availability" solution, currently in testing, and Madara, which is Starkware's sequencer, are both expected to go live in early 2024. They might be used in conjunction to create new application chains or "appchains."

StarkWare Distributing $3.5M Fees to Developers in 'Devonomics' Program
The developer firm, together with the Starknet Foundation, said that the program will benefit "dapp" builders and core developers of the Starknet blockchain.
