StarkNet go start Bitcoin Staking for 2025, go make BTC DeFi join beta with STRK money.
StarkNet, wey be Ethereum Layer-2 wey go make am faster, don yan say dem get plan to allow Bitcoin staking for their network by Q3 2025. Dis plan don set to pull Bitcoin money enter di Bitcoin DeFi side wey dey grow like wildfire and give new ways for people wey get Bitcoin to stake am. Users go fit stake di wrapped Bitcoin assets – like WBTC, cbBTC, UBTC, and iBTC – for StarkNet and collect rewards for STRK, wey be di platform own token. StarkNet change go proof-of-stake (PoS) style for November 2024, and as we dey speak, dem get over 261 million STRK wey 105 validators don stake, with about 69,000 people wey delegate. Di current yearly interest rate for staking STRK na 9.9%. Di whole Bitcoin staking market dey run fast, with Babylon Protocol alone responsible for over $4.6 billion out of di total $5.86 billion money wey dem lock (TVL) for Bitcoin DeFi. Other competitors include Lombard Finance, exSat Credit Staking, Coffer Network, b14g, Chakra, and alloBTC. StarkNet movement go make STRK token dey use more, make di system safer, and bring more Bitcoin money, wey show say Bitcoin integration and DeFi new things dey happen faster now.
Bullish
StarkNet announce say dem go launch Bitcoin staking, dis one fit make STRK and StarkNet tori sweet for market. If dem bring Bitcoin staking, e go bring plenty Bitcoin moni enter di network, make pipo dey need STRK tokens well well because of di staking rewards and make di platform sweet for pipo. Dis move go make StarkNet fit join di fight for di growing Bitcoin DeFi market and show say pipo don start to use DeFi services wey dey use Bitcoin moni. For history, as dem dey do things like dis and invent new ways to stake, e don attract pipo, increase token prices, and make di ecosystem grow. For short time, as pipo dey wait for dis feature, e fit support STRK price and as dem dey trade am; for long time, if e work well and Bitcoin moni keep dey come in, e go make di network strong and make StarkNet get solid ground for cross-chain DeFi.