The post Starknet announces STRK staking v2 set for Q2 appeared on BitcoinEthereumNews.com.

Starknet has announced that the second phase of staking for its native token will go live as early as the second quarter of 2025. After launching the first phase of Starknet (STRK) staking, the team behind the Ethereum layer-2 scaling solution has provided an update on when phase 2 will begin. In a Jan. 27 update, Starknet said that the community can expect STRK staking v2 as early as Q2 2025. This follows the proof-of-stake layer-2 solution’s first phase of STRK staking, which was announced in September 2024. During v1 of the rollout, validators earned rewards for performing basic functions such as running full nodes. Now, Starknet aims to introduce more “work” for validators as the network seeks to further enhance security and decentralization. “The primary goal of Phase 1 was to test the fundamentals of our staking mechanism and economic parameters. Over the course of ~3 months, this phase notably allowed us to collect valuable feedback from the community. Now, it’s time to give validators an active role and evaluate their liveness metrics before they take on a formal role in the consensus (planned for Phase 3)” Starknet wrote on X. Staking v2 will include the introduction of “validator block attestation,” effectively adding measures for validators’ active participation. According to a proposal outlined in early January, v2 also introduces a potential commission increase feature. In v1, more than 150 million STRK tokens were staked, with the network growing to 100 validators. Additionally, over 60,000 delegators participated in the initial phase. Following v2, Starknet plans to roll out block voting in phase 3. By phase 4, validators will assume full responsibility for block production, which will include producing, attesting, and proving blocks. Source: https://crypto.news/starknet-announces-strk-staking-v2-set-for-q2/

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Filed under: News - @ January 28, 2025 12:19 am