BTC has finally welcomed a major upgrade on @Starknet. This time it's not just a simple on-chain addition, but a direct participation in consensus ➡️ 25% from #BTC and 75% from STRK. There are even more supported assets now, including WBTC, LBTC, tBTC, and SolvBTC; staking is also more flexible, with the unlock period reduced from 21 days to 7 days, allowing rewards to start by the end of September. On the infrastructure side, validators can open BTC delegation pools, and @Anchorage Digital has already staked 30 million STRK, while Forge Yield has launched a new Vault toolkit. Technically, it's even more interesting, as @StarkWareLtd verified the entire Bitcoin chain in just 25 milliseconds using a Raspberry Pi, showcasing the performance of STARK proofs thoroughly. The ecosystem is also expanding, with people engaging in #DeFi, #GameFi, #NFT, and #RWA, and decentralized sequencers are on the way. BTC is no longer just an asset that "lies there"; it is truly starting to play a...
Bitcoin staking integration completed!
The upgrade is now live, bringing Bitcoin into Starknet’s staking mechanism.
What this means:
- Bitcoiners can now participate in Starknet consensus, with a staking power weight set at 0.25 (BTC = 25 % of consensus power, STRK the remaining 75 %).
- Validators can deploy BTC delegation pools and builders can start integrating today.
- Reward mechanism starts on 30/09.
- Supported wrappers at launch: WBTC, LBTC, tBTC, SolvBTC.
- Unstaking period for both STRK and BTC stakers is now 7 days (down from 21).
BTCfi is closer than ever lads.
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