The independent, nonprofit Starknet Foundation will delegate 33% of its overall voting power in the first vote to the first-phase Builders Council (getting 23% of the voting power) and a group of delegates selected from a delegate pool, who get 10%. The foundation, which aims to help the network achieve its decentralization goal, launched in November and was allocated 5.01 billion Starknet Tokens, or about 50.1% of the initial token supply of 10 billion tokens.

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Author: Brandy Betz

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