Starknet Token (#STRKToken ) — is a utility token of the Starknet network, which is a layer two scaling solution for Ethereum. It is used to pay transaction fees on the Starknet network, as well as to participate in network governance.

Starknet:

This is a scaling solution for Ethereum that uses zk-rollups (zero-knowledge rollups) to process transactions off-chain and then aggregate them into Ethereum blocks. This allows for increased throughput and reduced fees.

STRK:

The token used to pay transaction fees on the Starknet network. It can also be used to participate in network governance.

Usage of Starknet:

The Starknet platform allows for the deployment of decentralized applications (dApps) on Ethereum with higher speed and lower fees.

Integration:

Starknet is integrated into platforms such as dYdX and Immutable X to provide faster and cheaper transactions for their users.