The grant program aims to accelerate the innovation of Starknet's Ethereum Layer 2 scaling solution based on zero-knowledge rollup technology. Grants will be divided into two categories, separating high-level projects from emerging projects on the network.

Diego Oliva, CEO of the Starknet Foundation, said the project has chosen to reward the top-tier user-facing protocols based on multiple factors, the weighting of which is measured by both the Starknet Foundation and an independent third party.

PANews reported on May 28 that according to Cointelegraph, the Starknet Foundation announced that it will distribute about $25.2 million worth of Starknet tokens to the 21 best projects in the ecosystem as part of its new Catalyst program.

Starknet has launched a token incentive program worth about $25.2 million for high-performing projects

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