New Feature Lets You Stake Bitcoin
The post New Feature Lets You Stake Bitcoin appeared on BitcoinEthereumNews.com. Crypto News Starknet is bringing Bitcoin staking to DeFi with WBTC, LBTC, tBTC, and SolvBTC. Could this move spark a new crypto boom as investors hunt for the next big opportunity? Ethereum Layer 2 network Starknet has confirmed that Bitcoin staking is about to become a reality after its community gave overwhelming approval to proposal SNIP-31. With nearly 94% of voters in favor, the upgrade paves the way for tokenized versions of Bitcoin to join Starknet’s staking system in the coming weeks. This marks a milestone for both BTC and DeFi, potentially unlocking trillions in dormant liquidity. For investors watching closely, projects like MAGACOIN FINANCE are also drawing attention, being ranked the Best Crypto Presale to Buy for multi-cycle wealth generation, signaling that the race for the next breakout opportunity is already underway. Bitcoin Finds a Home in Staking At launch, Starknet will support multiple wrapped forms of Bitcoin including WBTC, LBTC, tBTC, and SolvBTC. The new system assigns BTC a staking power weight of 0.25, ensuring Bitcoin can influence up to 25% of the network’s consensus. This design spreads risk across different wrappers while keeping STRK, Starknet’s native token, as the primary driver of governance. The decision aligns with Starknet’s broader vision of becoming a multi-asset staking platform. By pulling Bitcoin into the mix, the network expects not only enhanced security but also new streams of liquidity from outside Ethereum’s ecosystem. Why This Matters for DeFi The inclusion of Bitcoin in staking represents a growing movement across crypto. Idle BTC is increasingly being activated through protocols like Babylon, BTCfi on Sui, and Stacks, all focused on making Bitcoin a yield-bearing asset. For Starknet, the 25% cap is a balancing act: allowing BTC holders to participate without overshadowing STRK’s central role. If successful, this model could become a blueprint for…
The post New Feature Lets You Stake Bitcoin appeared on BitcoinEthereumNews.com.
Crypto News Starknet is bringing Bitcoin staking to DeFi with WBTC, LBTC, tBTC, and SolvBTC. Could this move spark a new crypto boom as investors hunt for the next big opportunity? Ethereum Layer 2 network Starknet has confirmed that Bitcoin staking is about to become a reality after its community gave overwhelming approval to proposal SNIP-31. With nearly 94% of voters in favor, the upgrade paves the way for tokenized versions of Bitcoin to join Starknet’s staking system in the coming weeks. This marks a milestone for both BTC and DeFi, potentially unlocking trillions in dormant liquidity. For investors watching closely, projects like MAGACOIN FINANCE are also drawing attention, being ranked the Best Crypto Presale to Buy for multi-cycle wealth generation, signaling that the race for the next breakout opportunity is already underway. Bitcoin Finds a Home in Staking At launch, Starknet will support multiple wrapped forms of Bitcoin including WBTC, LBTC, tBTC, and SolvBTC. The new system assigns BTC a staking power weight of 0.25, ensuring Bitcoin can influence up to 25% of the network’s consensus. This design spreads risk across different wrappers while keeping STRK, Starknet’s native token, as the primary driver of governance. The decision aligns with Starknet’s broader vision of becoming a multi-asset staking platform. By pulling Bitcoin into the mix, the network expects not only enhanced security but also new streams of liquidity from outside Ethereum’s ecosystem. Why This Matters for DeFi The inclusion of Bitcoin in staking represents a growing movement across crypto. Idle BTC is increasingly being activated through protocols like Babylon, BTCfi on Sui, and Stacks, all focused on making Bitcoin a yield-bearing asset. For Starknet, the 25% cap is a balancing act: allowing BTC holders to participate without overshadowing STRK’s central role. If successful, this model could become a blueprint for…
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