Users of Binance engaged in Ethereum (ETH) staking will be rewarded with Starknet (STRK) tokens issued on the second-layer blockchain of the ETH network.

Within the next 30 days, Binance will transfer STRK tokens to users' cryptocurrency wallets. Rewards will be received by those who held Beacon ETH (BETH) staking assets in their balance on September 15, 2022, instead of locked-up ETH.

The amount of Starknet tokens issued per BETH and the list of participating wallets have not yet been announced by Binance representatives. However, according to the Starknet developers' plan, access to the airdrop will be restricted to residents of certain countries.

Starknet token holders will be able to use them to pay transaction fees on the Starknet network, participate in project governance, and stake for rewards. Additionally, trading of Starknet tokens will be available on Binance from February 20, allowing them to be exchanged for other digital assets.