STRK

Definition ∞ STRK is the native utility token of the Starknet network, a Layer-2 scaling solution for Ethereum that utilizes ZK-Rollup technology. STRK facilitates network operations, pays for transaction fees, and enables participation in the network’s governance. It plays a central role in the Starknet ecosystem.
Context ∞ The performance and utility of STRK are closely watched indicators of Starknet’s adoption and the broader success of ZK-Rollup solutions in scaling Ethereum. Discussions often concern the token’s distribution, staking mechanisms, and its impact on network decentralization.