Starknet Foundation officially launches DeFi Spring event

ChainCatcher news, the Starknet Foundation announces the official launch of the DeFi Spring event. To celebrate the Starknet DeFi Spring and the introduction of STRK incentives, the Starknet Foundation will conduct a month-long series of tasks on Starknet, releasing a new task every two days for users to complete. Users will be able to earn XP based on the number of tasks they complete and explore the participating protocols in Starknet's DeFi Spring.

DeFi Spring is a phase lasting six to eight months, during which a total of 40 million STRK incentives will be distributed to participating protocols to encourage liquidity provision on the network.

The first program focuses on liquidity provision. In the future, initiatives planned for the second and third quarters will focus on trading volume, transactions, as well as DeFi subsidies and incubation programs.