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X @Starknet 🐺🐱
Starknet Ecosystem - SNIP-31 officially ratified, enabling Bitcoin staking on Starknet [1] - BTC staking power weight set at 0.25, granting BTC up to 25% influence in consensus power, with the remaining 75% allocated to STRK [1] - Official launch of Bitcoin staking on Starknet is expected in the coming weeks [1] Approved Assets & Governance - WBTC, LBTC, tBTC, and SolvBTC are approved for staking on Starknet [2] - Governance rules for approving new BTC wrappers are now established [2]
X @Starknet 🐺🐱
RT StarkWare 🐺🐱 (@StarkWareLtd)Bitcoin staking on Starknet is getting real 🧑A community vote to ratify SNIP-31, and shape the future of BTC staking, goes live tomorrow at 9 AM UTC!BTC staking weight, rewards, wrappers, governance… be ready to cast your vote!To participate, STRK holders must either:- Wrap & delegate their STRK, allowing them to keep their STRK liquid- Or stake them directlyMore below πŸ‘‡ ...
X @Starknet 🐺🐱
Starknet Ecosystem Development - Starknet is targeting the launch of Bitcoin staking (SNIP-31) in Q3 [1] - Community vote on Bitcoin staking opens in 3 days [1] - Supported BTC wrappers ($WBTC, $LBTC, $TBTC, $SOLVBTC, PUMPBTC) can be delegated to validators to earn $STRK rewards [1] - BTC will account for approximately 20-25% of staking power [1] - Rewards are distributed in $STRK through a small extra inflation [1] - The staking mechanism is fully on Starknet and composable with DeFi and LSTs [1] Benefits and Security - Bitcoin holders gain a new low-risk yield [2] - Starknet security is boosted with more capital [2] - $STRK remains the core asset [2] - Security features include entry delays and emergency delisting for compromised wrappers [1]
X @Starknet 🐺🐱
Bitcoin & DeFi Integration - Endur is introducing Bitcoin staking on Starknet [1] - The company will offer liquid BTC staking tokens for use across DeFi [1] - Endur plans to create LSTs (Liquid Staking Tokens) for each supported BTC wrapper, such as xWBTC for WBTC [1] - STRK rewards will be automatically converted to respective BTC tokens and auto-compounded [1]
X @Starknet 🐺🐱
RT brother victor (@starkience)My personal upcoming hopium on StarknetPS: I missed many; don't kill me, I'm writing this at the top of my head while touching grass; I love everyone πŸ’šInfra: Make it user-friendly> developer-sponsored gas fees> accept any ERC20 token as gas> Preconfirmations> Rosettanet: EVM wallets on SNProduct: Make it fun> Extended app> BTCfi> Schizodio collection> Bitcoin staking in Q3> AI Agents game @defidotspace> Cavos mobile app> Ponziland> ForgeYields ...