Starknet’s community has officially endorsed the SNIP-31 proposal, marking a crucial milestone for introducing Bitcoin staking capabilities to the network. Under this governance framework, Bitcoin staking has been calibrated with a 0.25 weighting coefficient, with a hard cap restricting consensus power allocation to 25%, while STRK tokens claim the remaining stake share.
The initiative expands beyond native BTC, enabling staking participation through multiple wrapped Bitcoin variants. Specifically, WBTC, LBTC, tBTC, and SolvBTC have all received approval for staking participation, accompanied by tailored governance protocols designed for these derivative assets. This multi-asset approach diversifies participation channels while maintaining security through governance rules.
The rollout timeline is accelerating, with the feature anticipated to go live within the coming weeks. This deployment aligns strategically with Starknet’s broader infrastructure evolution, particularly as the platform transitions into decentralized sequencing operations commencing September 1—a shift that redistributes validation responsibilities across the network.
Looking ahead, the ecosystem’s attention is pivoting toward SNIP-33, the successor proposal expected to introduce further enhancements to Starknet’s validation and consensus mechanisms. These consecutive governance approvals underscore the community’s commitment to progressively decentralizing the network’s critical infrastructure.
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Starknet Green-Lights Bitcoin Staking via SNIP-31 Governance Update
Starknet’s community has officially endorsed the SNIP-31 proposal, marking a crucial milestone for introducing Bitcoin staking capabilities to the network. Under this governance framework, Bitcoin staking has been calibrated with a 0.25 weighting coefficient, with a hard cap restricting consensus power allocation to 25%, while STRK tokens claim the remaining stake share.
The initiative expands beyond native BTC, enabling staking participation through multiple wrapped Bitcoin variants. Specifically, WBTC, LBTC, tBTC, and SolvBTC have all received approval for staking participation, accompanied by tailored governance protocols designed for these derivative assets. This multi-asset approach diversifies participation channels while maintaining security through governance rules.
The rollout timeline is accelerating, with the feature anticipated to go live within the coming weeks. This deployment aligns strategically with Starknet’s broader infrastructure evolution, particularly as the platform transitions into decentralized sequencing operations commencing September 1—a shift that redistributes validation responsibilities across the network.
Looking ahead, the ecosystem’s attention is pivoting toward SNIP-33, the successor proposal expected to introduce further enhancements to Starknet’s validation and consensus mechanisms. These consecutive governance approvals underscore the community’s commitment to progressively decentralizing the network’s critical infrastructure.