StarkWare CEO: Starknet will be open to staking by the end of the year
2024-07-10 12:29:58
Starknet will open up staking on its ecosystem by the end of 2024, StarkWare CEO Eli Ben-Sasson said at the ETHCC Summit in Brussels, Belgium. Ben-Sasson submitted a Starknet improvement proposal to the community, suggesting that users can choose whether to become a staker or not, and the participation reward is proportional to the number of staked STRK tokens. If the proposal is approved by the community, the staking testnet on Starknet will be launched soon and enter the mainnet in the last quarter of 2024. Pledgers must lock up their tokens for 21 days before they can withdraw their funds.
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