Starknet to Launch STRK Staking Features and First Mainnet Voting 

Bittime - Starknet, an Ethereum-based Layer 2 solution, announced that STRK token holders will participate in the first vote on mainnet, to introduce the STRK staking feature in the Starknet ecosystem.

Feature Staking STRK 

STaking STRK will give token holders the opportunity to secure the network while earning rewards.

However, what makes this interesting is the opportunity for the STRK community to be directly involved in decision making through voting. 

STRK holders will not only benefit from staking, but also have a say in determining the STRK staking mechanism.

Read Also: Dmail Network Season 2 Airdrop and Staking Feature Launch

First Mainnet Voting 

In this voting, STRK holders will be given the opportunity to provide opinions regarding the proposed staking mechanism. Starknet wants to ensure that it is transparent and involves the entire community.

Apart from that, this voting will also discuss the conditions that allow modification of staking parameters, starting from the minimum number of tokens that must be staked, to the duration of staking time and the level of rewards given.  

STRK Staking Feature Launch Schedule

Although the exact launch date of the STRK staking feature has not been announced, Starknet has stated that they are target this feature will launch in October. 

Meanwhile, the STRK community is encouraged to read the proposed proposals, provide input, and prepare to participate in voting when they become available.

Read Also: Zcash Upgrades Crosslink, ZEC Staking Feature will be Coming Soon!

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