Starknet launches BTC stake integration upgrade

STRK-3.01%
BTC0.65%
WBTC0.53%
ChainCatcher news, Starknet announced that it has begun the BTC stake integration upgrade, and the staking protocol will be paused for several hours to complete this major update. This upgrade will allow Bitcoin holders to participate in Starknet Consensus, with specific parameters including: the BTC stake weight set to 0.25, meaning Bitcoin accounts for 25% of the consensus weight, while the remaining 75% is borne by STRK; initial support for WBTC, LBTC, tBTC, and SolvBTC, with other BTC derivations able to be added through governance; the staking release period shortened from 21 days to 7 days, applicable to BTC and STRK stakers. According to previous news, Starknet: The BTC staking function will be launched on the Mainnet on September 30.
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