Starknet: BTC staking feature will go live on the mainnet on September 30
Foresight News reports that Starknet has announced that BTC staking functionality will go live on the mainnet on September 30. This upgrade will allow Bitcoin holders to stake on Starknet. In addition, the unstaking period will be reduced from 21 days to 7 days.
Starknet stated that in order to complete this upgrade, staking contracts will be paused for several hours around 15:00 (UTC+8) on September 15 to integrate the Bitcoin staking feature into the Starknet staking mechanism. After the upgrade is complete, validators and developers will be able to deploy Bitcoin delegation pools and begin integrating with the protocol. Rewards will start being distributed on September 30.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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