🗳️ The vote on Bitcoin staking in @Starknet (SNIP 31) is live!
Soon you’ll be able to lock $BTC on Starknet and earn staking rewards in $STRK.
How it works 👇
@Starknet 1️⃣ Supports a curated list of tokenized $BTC (“wrappers”) for direct staking
2️⃣ No dependency on $STRK/$BTC exchange rate for consensus or minting
@Starknet 📊 Staking economics
Rewards & staking pools ($BTC + $STRK) follow market dynamics for a fair, unified, flexible framework
@Starknet 🔎 Key parameters
1️⃣ $BTC consensus weight: 25%
2️⃣ $BTC rewards added via extra inflation ($STRK APR stays the same)
@Starknet Initial wrappers 🤔
→ $WBTC (BitGo)
→ $LBTC (Lombard)
→ $tBTC (Threshold)
→ $SolvBTC (Solv)
➡️ Final list depends on technical readiness & Monetary Committee
@Starknet 🗳️ Governance
To add new wrappers:
✅ Community vote
✅ Onchain activation by Monetary Committee
✅ Evaluation of reputation, market & security
@Starknet This vote ratifies SNIP 31 and opens the door to $BTC staking on @Starknet
🗳️ If you hold $BTC or $STRK, you need to vote 👇
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