News
Significance:
6/10

Starknet introduces bitcoin staking and yield product in BTCFi expansion

https://www.theblock.co/post/372720/starknet-bitcoin-staking-100m-strk-incentives-re7-btc-yield

James Hunt

Mentions

Sentiments

Target
Sentiment
Comment
Bullish
BTC holders can now stake BTC on Starknet without relinquishing custody, earning rewards while contributing to the security of the Layer 2 network.
Bullish
The Starknet Foundation is allocating 100 million STRK ($12 million) to boost the BTCFi ecosystem on Starknet.
Bullish
Starknet Foundation is backing the BTCFi rollout with significant incentives and initiatives.