StarkWare announced that it has officially established the non-profit fund "StarkNet Foundation" to promote the ecological development of StarkNet, and will help the network achieve decentralization through research on governance mechanisms. At the same time, StarkWare revealed that the StarkNet Foundation will hold 5.01 billion StarkNet Tokens, accounting for 50.1% of the total, and these funds will be used to maintain StarkNet security, support the continuous development and expansion of the network, and developers.