Key points:
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.
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. |
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