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News

Starknet Will Launch Exciting STRK Staking in October!

August 20, 2024 - Around 2 mins mins to read

Key points:

  • Starknet will let STRK holders vote on adding a STRK staking function to its mainnet for the first time.
  • The test voting runs from September 2-4, 2024, and the main voting period is September 9-13, 2024.
  • While the exact launch date for the STRK staking function is still confirmed, it is anticipated to go live in October.
The Ethereum Layer 2 network Starknet announced a significant move in its ecosystem, STRK holders would vote to introduce STRK staking on the mainnet for the first time.
Starknet Will Launch Exciting STRK Staking in October!

Voting Schedule for STRK Staking Function

STRK staking will be the first to integrate a staking function into the Starknet platform, allowing users to affect its implementation.

In an announcement shared on the X platform, Starknet pointed out that STRK holders would be called upon to vote for the proposed minting mechanism and the conditions for modifying its parameters. This would ensure participation and guarantee that the staking function runs according to the community‘s expectations and requirements.

Read more: StarkNet’s ZKX Protocol Shocks Major Market Makers With Sudden Quick Shutdown.

STRK Holders to Influence Staking Mechanism

Starknet Will Launch Exciting STRK Staking in October!

The exact time for the staking function deployment has yet to be discussed, but October is on the radar, as Starknet anticipates. To guide this process, the governance post presents an organized voting schedule.

The voting testing period would begin on September 2 and end on September 4, 2024, during which one can view and comment on proposals. Then, a formal voting period will be from September 9 to September 13, 2024. In the latter, holders of STRK are called upon to vote for or against approving the staking function.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Starknet

STRK holders

STRK Staking

STRK Staking Function

Author

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.
News

Starknet Will Launch Exciting STRK Staking in October!

Key points:

  • Starknet will let STRK holders vote on adding a STRK staking function to its mainnet for the first time.
  • The test voting runs from September 2-4, 2024, and the main voting period is September 9-13, 2024.
  • While the exact launch date for the STRK staking function is still confirmed, it is anticipated to go live in October.
The Ethereum Layer 2 network Starknet announced a significant move in its ecosystem, STRK holders would vote to introduce STRK staking on the mainnet for the first time.
Starknet Will Launch Exciting STRK Staking in October!

Voting Schedule for STRK Staking Function

STRK staking will be the first to integrate a staking function into the Starknet platform, allowing users to affect its implementation.

In an announcement shared on the X platform, Starknet pointed out that STRK holders would be called upon to vote for the proposed minting mechanism and the conditions for modifying its parameters. This would ensure participation and guarantee that the staking function runs according to the community‘s expectations and requirements.

Read more: StarkNet’s ZKX Protocol Shocks Major Market Makers With Sudden Quick Shutdown.

STRK Holders to Influence Staking Mechanism

Starknet Will Launch Exciting STRK Staking in October!

The exact time for the staking function deployment has yet to be discussed, but October is on the radar, as Starknet anticipates. To guide this process, the governance post presents an organized voting schedule.

The voting testing period would begin on September 2 and end on September 4, 2024, during which one can view and comment on proposals. Then, a formal voting period will be from September 9 to September 13, 2024. In the latter, holders of STRK are called upon to vote for or against approving the staking function.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.