StarkNet is a permissionless decentralized ZK-Rollup operating as an L2 network over Ethereum, where, according to the project, any dApp can achieve unlimited scale for its computation, without compromising Ethereum’s composability and security.
The StarkNet Token is needed to operate the ecosystem, maintain and secure it, decide on its values and strategic goals, and direct its evolution. This token will be required for (i) governance, (ii) payment of transaction fees on StarkNet, and (iii) participation in StarkNet’s consensus mechanism.
