StarkNet to Revolutionize Bitcoin Staking with October 2025 Launch
StarkNet, an Ethereum Layer-2 network, is set to revolutionize Bitcoin staking with a new feature launching in October 2025. This innovation, supported by 93% of participants in the Snip-31 proposal, will enable users to earn rewards directly in STRK by staking wrapped versions of Bitcoin on the StarkNet platform.
The StarkNet Foundation has allocated a significant amount, approximately $12 million, to launch btcfi. This initiative supports credit services secured in Bitcoin, further integrating the cryptocurrency into the StarkNet ecosystem.
Eli Ben-Sasson, co-founder of StarkWare, envisions Bitcoin playing a crucial role in securing another decentralized network. This marks a significant milestone, as it presents the first sustainable return source for BTC investors among all rollup-based solutions. While the specific investment firm facilitating this product remains unnamed, the industry eagerly anticipates the October launch.
The upcoming StarkNet feature promises to reshape Bitcoin staking, offering users a new avenue to earn rewards directly in STRK. With substantial backing from the StarkNet Foundation and support from the community, this innovation could significantly impact the Bitcoin and Ethereum ecosystems.
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