What is $STAR
Last updated
Last updated
$STAR is a functional token representing the utility of the Starpower network. It is used to purchase call services for Distributed Energy Resources (DER) aggregated by the Starpower network. The incentive provided by $STAR encourages more DERs to connect to the Starpower energy device network, facilitating the realization of virtual power plants and other Energy Internet markets, thus accelerating the advent of a zero-carbon world.
Starpower is committed to hastening the arrival of a zero-carbon society. We believe this is a grand vision that requires long-term investment, profound understanding, and a broad perspective to achieve. Therefore, in our distribution mechanism, we have reserved 70% of $STAR for the builders of the network, as we believe that all builders of Starpower are users, stakeholders, and employees, since we are all stakeholders of our planet.
There are a total of one billion $STAR tokens, with the distribution details as follows: