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Starknet: Staking will be launched on the testnet in September and on the mainnet in October
2024-08-20 11:46:43
Odaily News Starknet officials posted on the X platform: "Staking on Starknet is a milestone for our network. Staking involves locking the user's STRK tokens in the Starknet staking contract to receive rewards proportional to the stake. Users can participate as a staker (need to run a full node) or a delegator (STRK tokens can be delegated to a staker). Staking is an important milestone for Starknet because it enhances the security, decentralization and efficiency of the network. It incentivizes participation and coordinates economic interests, ensuring a strong and democratically governed ecosystem. Although all effects may not be immediate, step by step, Starknet is getting closer to its decentralized vision. It is worth noting that Starknet is the only L2 that has announced and implemented staking so far. The current goal is to launch the first phase of staking: launch on the testnet in September; launch on the mainnet in October.