November 27, 2024
Starknet launched staking with an income of up to 12.27% per annum thumbnail
Business

Starknet launched staking with an income of up to 12.27% per annum

STRK staking has been launched on the Starknet mainnet. The project became the first among large L2 blockchains to offer this solution. STRK Staking phase 1 is officially live on Mainnet! If you want to take part in this initial phase (or in future phases) and contribute to the decentralization of Starknet, you can now:πŸ’  Become a Validator: Open to everyone, this […]”, β€” write: businessua.com.ua

Starknet launched staking with an income of up to 12.27% per annum - INFBusiness

STRK staking has been launched on the Starknet mainnet. The project became the first among large L2 blockchains to offer this solution.

Users can become validators with at least 20,000 coins ($11,200 at the time of writing) or delegate their assets to other participants.

A number of projects, companies and validators have announced their support for STRK staking, including Bitwise, zkLend, Karnot and others. The service is also available in Argent and Braavos wallets.

The annual interest rate varies from 4.63% to 12.27%. Withdrawal of STRK from staking takes 21 days. The rule applies to the award received.

Starknet launched staking with income up to 12.27% per annum - INFBusiness

The developers emphasized that the launch of staking is the first stage on the way to creating a fully decentralized PoS network.

The price of STRK has adjusted by 8% in the last 24 hours against the backdrop of a decline in the entire crypto market.

Starknet launched staking with an income of up to 12.27% per annum - INFBusiness

Binance STRK Time Chart. Source: TradingView.

In August, the Starknet community scheduled a voting procedure to start staking. In September, it ended with a positive result.

It will be recalled that in November, the developers of the L2 network planned to increase the speed of transaction processing by four times and reduce commissions by five times, expecting a boom in user activity.

The source

Related posts

“PrivatBank” sharply lowered the price of the euro: the exchange rate on Monday

unian ua

The sudden panic caused cryptocurrency prices to collapse: hundreds of billions of dollars were lost

unian ua

Former Grayscale CEO Michael Sonnenshein Joins Aptos Labs as Adviser

coindesk com

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More