{"id":9591,"date":"2024-01-09T10:06:12","date_gmt":"2024-01-09T08:06:12","guid":{"rendered":"https:\/\/forklog.com\/en\/starknet-community-approves-strk-token-fee-payments\/"},"modified":"2024-01-09T10:06:12","modified_gmt":"2024-01-09T08:06:12","slug":"starknet-community-approves-strk-token-fee-payments","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/starknet-community-approves-strk-token-fee-payments\/","title":{"rendered":"StarkNet Community Approves STRK Token Fee Payments"},"content":{"rendered":"<p>The Ethereum-based layer-two solution StarkNet is set to deploy its Alpha v0.13.0 update on the mainnet, with 99.86% of voting delegates supporting the upgrade.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">The voting for <a href=\"https:\/\/twitter.com\/Starknet?ref_src=twsrc%5Etfw\">@Starknet<\/a> Alpha v0.13.0 has concluded, and the result is overwhelmingly in favor, with an impressive 99.86% approval rate! <a href=\"https:\/\/t.co\/7H6T0btbhk\">pic.twitter.com\/7H6T0btbhk<\/a><\/p>\n<p>\u2014 Starknet-Ecosystem.com \u2728 (@StarknetEco) <a href=\"https:\/\/twitter.com\/StarknetEco\/status\/1744374595300343994?ref_src=twsrc%5Etfw\">January 8, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The update introduces the ability to pay transaction fees using native STRK tokens alongside ETH.<\/p>\n<p>In December 2023, the project team confirmed rumors of an upcoming airdrop of the network&#8217;s asset. It was reported that 50 million STRK would be distributed among early users. However, developers previously postponed the initial token unlocking to April 2024.<\/p>\n<p>The implementation of v0.13.0 is expected to reduce computation costs in the network by approximately 50%, as well as decrease base layer data access costs by 10-25%. For ERC-20 standard transfers, the fee reduction will be around 25%.<\/p>\n<p>The Starknet Foundation, which is responsible for StarkNet&#8217;s development, plans to allocate 1.8 billion STRK for various initiatives, including network discounts for users.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Ethereum-based layer-two solution StarkNet is set to deploy its Alpha v0.13.0 update on the mainnet, with 99.86% of voting delegates supporting the upgrade. The voting for @Starknet Alpha v0.13.0 has concluded, and the result is overwhelmingly in favor, with an impressive 99.86% approval rate! pic.twitter.com\/7H6T0btbhk \u2014 Starknet-Ecosystem.com \u2728 (@StarknetEco) January 8, 2024 The update [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9590,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1178,1179,1177,596],"class_list":["post-9591","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-blockchain-fees","tag-layer-2-solutions","tag-starknet","tag-tokens"],"aioseo_notices":[],"amp_enabled":true,"views":"39","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/9591","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=9591"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/9591\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/9590"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=9591"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=9591"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=9591"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}