Starknet launches BTC staking integration upgrade
ChainCatcher reported that Starknet has announced the commencement of BTC staking integration upgrades. The staking protocol will be suspended for several hours to complete this major update.
This upgrade will allow Bitcoin holders to participate in Starknet consensus. Specific parameters include: BTC staking weight set at 0.25, meaning Bitcoin accounts for 25% of the consensus weight, while the remaining 75% is borne by STRK; initial support for WBTC, LBTC, tBTC, and SolvBTC, with other BTC derivatives able to be added through governance; the unstaking period will be shortened from 21 days to 7 days, applicable to both BTC and STRK stakers. Previously, it was reported that Starknet's BTC staking feature will go live on the mainnet on September 30.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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