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X @Sui
SuiΒ· 2025-08-16 00:57
Sui Network & BTC Integration - BTC assets accounted for over 20% of Sui's Total Value Locked (TVL) in July [1] - BTC assets represented nearly 5% of Sui's spot volume in July, marking a record high [1] BTC Asset Variety on Sui - Sui supports a diverse range of BTC assets, including wBTC, LBTC, stBTC, xBTC, TBTC, and WBTC [1]
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]