StarkpunksPrice

(PUNK)

The $PUNK token is fundamental to the Starkpunks ecosystem, often referred to as its "heart." Its primary utilities include staking, where holders can stake their $PUNK tokens along with Starkpunks NFTs on the official website to earn a share of the ecosystem's revenue. It also serves as a community token, rewarding long-term supporters and early contributors to the Starknet network. Furthermore, $PUNK is utilized to incentivize participation in upcoming decentralized applications or "eco-apps" within the expanding Starkpunks universe, fostering engagement and growth.

The official announcement from the team states a total supply of 666 Trillion $PUNK. However, some market trackers may display different figures, such as a max supply of 140 Trillion. This discrepancy typically arises from how much of the "ecosystem" supply, which accounts for 69% of the total, has been minted or bridged. A significant portion, 21%, was specifically reserved for NFT holders, and another 10% was allocated for early Starknet contributors. The official figure remains 666 Trillion.

The $PUNK token was distributed as part of a "fair launch" strategy. A significant portion, 21%, was airdropped to holders of the original Starkpunks NFT collection, rewarding early supporters of the project. Another 10% was allocated as an "OG Airdrop" to early contributors and developers on the Starknet network, recognizing their foundational efforts. The remaining 69% of the total supply is reserved for the ecosystem, earmarked for future development, ongoing staking rewards, and various community incentives over time, ensuring sustained growth and engagement.

As a token native to the Starknet blockchain, $PUNK can be primarily traded on Starknet-based Decentralized Exchanges. Additionally, it has been listed on centralized exchanges, including LBank, providing various avenues for acquisition. Users should be aware that liquidity can vary across different platforms, so it's advisable to check current trading conditions. The availability on both decentralized and centralized platforms offers flexibility for investors looking to trade $PUNK.

To ensure authenticity and avoid potential scams in the Web3 space, it is crucial to use the verified contract address. The official contract address for the $PUNK token on the Starknet network is: `0x026e0852e1de834db3858b644270c52c4e0cab5be1da710751711c11b74eefed`. Always double-check this address when interacting with the token to protect your assets and verify the legitimacy of transactions.

Since Starknet operates differently from EVM-compatible networks, users need to utilize a Starknet-compatible wallet to manage their $PUNK tokens. To add the token, open your chosen Starknet wallet application. Navigate to the "Add Token" or similar functionality within the wallet interface. Then, paste the official $PUNK contract address (`0x026e0852e1de834db3858b644270c52c4e0cab5be1da710751711c11b74eefed`) into the designated field. This action will allow your wallet to display your $PUNK token balance.