Starknet has made significant strides in its decentralized finance (DeFi) and governance ecosystem. The community has overwhelmingly approved a proposal to implement staking for STRK tokens by the end of 2024, with 98.94% of voters in favor. The staking mechanism introduces a dynamic minting curve to balance supply with staking activity. STRK has jumped more than 15% in the past seven days. Additionally, Snapshot Labs has launched Snapshot X, a new on-chain voting protocol on Starknet, enabling gas-free voting for DAOs. This protocol leverages Starknet’s rollup technology and Herodotus’s storage proofs to enhance security and efficiency in governance. The first vote for STRK holders on the staking minting curve is currently live, allowing token holders with at least 20,000 tokens to shape the future of the network. Voting will conclude on September 13th. Furthermore, Keplr is set to integrate with Starknet, expanding its ecosystem.
🗳 Starknet community has approved a governance vote to implement STRK token staking by the end of 2024! @Starknet will soon launch staking on its testnet, with mainnet deployment expected in Q4 2024. Token holders with at least 20,000 $STRK can stake directly, while others can… https://t.co/3055sshFRb
The first community vote on Starknet Mainnet has ended. As a result, here are the STRK staking figures, with the launch planned for Q4 2024 👇 https://t.co/t2hVdgZKt4
The vote on the STRK staking parameters has concluded, passing with 98.94% in favor ✅ Below are the staking figures at launch, resulting from this vote. Now it's time to finish shipping it, see you in Q4 future stakers 🫡 https://t.co/MJPtkHadvV