Introducing StarkWare’s Delegation Program 🌱🌐 We’re excited to announce the launch of our delegation program, designed to support Starknet’s decentralization by empowering validators, especially smaller ones, to help secure the network and earn rewards in the process. As part of this initiative, StarkWare will gradually delegate millions of STRK to eligible validators. This effort aims to expand the staking pool, improve stake distribution, encourage new validator participation, and increase the overall decentralization of the network. To qualify, validators must meet the following requirements: > Be an active validator > KYC/KYB compliance > 99% uptime (liveness) > Maximum commission capped at 10% > Active participation in the Staking V3 testnet (coming end of year) The initial registration period is open until July 1, 2025, and the first round of delegations will be executed shortly after 🗓️ Apply before the deadline to be among the first validators eligible for this program 👇

As previously announced, Extended is migrating from StarkEx to Starknet. The migration process will begin in the first half of July 2025, with the exact start date to be communicated separately. This tweet answers four key questions: 1. Why migrate? 2. What does the migration mean for users? 3. Why Starknet? 4. What’s the long-term vision? In the thread, I’ll also walk through what the migration process will look like from a user’s perspective. 1. Why migrate? Originally built on StarkEx, a ZK-based scalability solution by @StarkWareLtd, Extended has been limited to perpetuals. As we expand our product suite beyond perps — into unified margin with integrated lending markets and spot trading — we need a more composable and scalable foundation. 2. What does the migration mean for users? Users will experience no disruption to their trading experience after migrating to the Starknet instance. Starknet functions purely as a settlement layer, with all chain-specific logic fully abstracted: • EVM users won’t need to set up a Starknet wallet • Near-instant deposits and withdrawals will be supported across six major EVM-compatible chains 3. Why Starknet? When choosing a settlement layer, we focused on four key factors: • Security: A Stage 1 ZK-rollup with fast L2 and rollup finality (hours vs days on optimistic L2s) • Performance: ~2 sec transaction confirmation and ~$0.00005 average user operation cost • Longevity: StarkWare has been building through multiple market cycles for 7+ years • Vision alignment: Starknet is aiming to be the first L2 to settle on both Bitcoin and Ethereum, enabling Extended to natively support BTC and its yield-bearing wrappers as a collateral — a leap toward deeper liquidity and broader capital efficiency 4. What's the long-term vision? We’ll be sharing more details soon, but in a nutshell, Extended is building an open financial ecosystem powered by global unified margin, enabling users to deploy their crypto assets in the most capital-efficient way. The first phase of this roadmap focuses on integrating native lending and spot markets into Extended. This will allow users to post any supported asset — including yield-bearing ones — as collateral, and earn additional yield through the integrated lending layer. The longer-term ambition is to build an EVM-compatible network on top of Starknet, where unified margin logic is embedded directly into the base layer and exposed as an ERC-20 token accessible to all applications on the network. For more details on the four topics above, please refer to

Welcome to this week's roundup! The Vibe Jam is almost here and there are so many exciting things happening including what is possibly the first public generative art mint on CairoVM. Let's check it out! ⛩️