Crypto Staking Goes Live on Starknet in First for Ethereum L2 Blockchains
Powered by @unfolded- Starknet has launched a staking feature, allowing users to earn rewards by validating transactions, making it the first major layer-2 blockchain on Ethereum to do so.
- Users need a minimum of 20,000 STRK tokens to stake directly, while those with fewer tokens can delegate their holdings to validators.
- A 21-day waiting period is required for validators and delegators to withdraw their staked tokens and rewards.
- Starknet's staking implementation is part of a broader plan to enhance decentralization, with ongoing assessments of validator responsibilities in the network.