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Starknet Launches BTC Staking with Rewards for Holders

1y ago•
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Starknet

The post Starknet Launches BTC Staking with Rewards for Holders appeared first on Coinpedia Fintech News

Bitcoin holders can now stake BTC on Starknet without giving up custody, earning rewards while helping secure its Layer 2 network. The Starknet Foundation supports this BTCFi expansion with 100 million STRK tokens in incentives. This “Bitcoin strategy for OGs” uses wrapped BTC versions like WBTC, tBTC, Liquid Bitcoin, and SolvBTC that users can delegate on Starknet. A new institutional-grade Bitcoin yield product from Re7 will soon follow, offering further earning opportunities. The solution keeps Bitcoin’s base layer unchanged and trustless.

1y ago•
bullish:

1

bearish:

0

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