On September 30, according to The Block, Bitcoin staking has been launched on Starknet. The project claims that this is the first time to implement trustless Bitcoin staking on the Layer2 network. Holders can earn rewards while retaining custody of assets, which Starknet calls "the Bitcoin strategy of established Bitcoin holders."
At the same time, the Starknet Foundation will allocate 100 million STRK ($12 million) to promote the development of the BTCFi ecosystem, including incentives for bitcoin collateral lending, making Starknet the most cost-effective place to use bitcoin collateral and implement income strategies.
Starknet Launches Bitcoin Staking and Earnings Product in BTCFi Extension
2025-09-30 05:36:49
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