What is $STAR
$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 accelerating 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:
Investor Allocation
Total: 15% STAR allocated to investors.
Cliff: Locked for the first 12 months after TGE.
Vesting: Following the one-year cliff, tokens will be released linearly over three years (36 months), ensuring long-term alignment and reducing market impact.
Team Allocation
Total: 15% STAR allocated to Team.
Cliff: Locked for the first 24 months after TGE.
Vesting: After the two-year cliff, team tokens will be released linearly over three years (36 months), aligning incentives with project growth and long-term commitment.
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