Starknet Governance & Staking - SNIP-31 proposes a new BTC staking mechanism on Starknet [1] - The proposal aims to allow BTC holders to stake tokenized BTC (WBTC, LBTC, tBTC, SolvBTC) directly on Starknet [1] - Stakers can earn STRK rewards without affecting the current STRK APR [1] - Community vote opens in 3 days [1] Key Upgrade Details - BTC staking weight (alpha) is set at 0.25, granting BTC holders up to 25% influence in consensus power [1] - A curated list of BTC wrappers eligible for staking will be governed through community votes and Monetary Committee approvals [2] - STRK and BTC reward dynamics will be clearly separated [2] Participation Requirements - To participate in the vote, users need to wrap STRK into vSTRK and delegate or self-delegate voting power on the Governance Hub [2] - Alternatively, users can stake STRK directly, noting a 21-day unlock period applies for unstaking [2] - Users must complete one of these actions before the vote opens to be eligible to vote [3]
X @Starknet 🐺🐱
Starknet 🐺🐱·2025-08-08 12:00