Starknet launched a stake with an income of up to 12.27% annually

Starknet launched on mainnet stuck STRK. The project became the first among big ones L2-blockchains proposed this solution.

STRK Staking phase 1 is officially live on Mainnet!

If you want to participate in this first phase (or future phases) and contribute to the decentralization of Starknet, you can now:
💠 Become a tester: Open to everyone, this requires running a full node and holding onto… pic.twitter.com/zxIIW6dQf3

— Starknet 🐺🐱 (@Starknet) November 26, 2024

Users can become validators with a minimum of 20,000 coins ($11,200 at the time of writing) or delegate their assets to other participants.

Several projects, companies and testers have reported support for the STRK stake, including Bitwise, zkLend, Karnot and others. The service is also available in Argent and Braavos wallets.

The annual interest rate ranges from 4.63% to 12.27%. It takes 21 days for STRK to withdraw from a freeze. The rule applies to the prize received.

Table with distribution of rewards for investment. Data: Starknet.

The developers emphasized that the launch of staking is the first step towards a fully decentralized creation P.O.S– networks

Note that this is only Phase 1 of our plan to turn Starknet into a fully managed PoS network.

Here’s the full itinerary to get there:https://t.co/RbnJ6aSxFq

— Starknet 🐺🐱 (@Starknet) November 26, 2024

The price of STRK has corrected by 8% over the last 24 hours amid a decline in the entire crypto market.

Binance Exchange stock price history in STRK every hour. Data: Trading View.

In August, the Starknet community planned voting method for launching a stake. In September it ended with a positive result.

Let us remind you that L2 network developers in November planned increase transaction processing speed four times and reduce fees five times in anticipation of increased user activity.

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2024-11-26 15:35:00
#Starknet #launched #stake #income #annually

**Given the emphasis on decentralization in Starknet’s staking model, what specific steps could the project ​take to ensure truly equitable and transparent governance within its‍ ecosystem?**

## Open-Ended Interview Questions based on the Starknet Article

Here‌ are some open-ended ⁣questions based on the provided article,⁤ categorized into thematic ‍sections to encourage discussion⁢ and diverse‍ perspectives:

**I. Significance of Staking Launch:**

1. **What makes ⁤Starknet’s launch of staking a significant event in the L2 blockchain landscape?** ‍(This⁢ probes the broader context and impact)

2. ‍**How might this staking⁣ system contribute to ‌Starknet’s overall decentralization goals?** (Focuses on‍ the technical and ideological implications)

3. **What are the⁤ potential benefits and drawbacks for individual users who choose to participate in Starknet staking?** (Explores user perspectives ‍and⁤ risk vs. ⁤reward)

**II. Mechanics⁤ and Incentives:**

1. **How does ‍Starknet’s staking ⁤mechanism​ compare to other proof-of-stake systems in⁤ the ​crypto space? ⁢Are there ⁢unique​ features or differences?** (Encourages‍ comparison and⁣ analysis)

2. **The article mentions a⁣ 21-day withdrawal lock-up period. How might this affect user behavior⁣ and market ⁢liquidity?** (Discusses ‍practical implications ⁣and potential challenges)

3. **What​ are your thoughts on the advertised annual interest rates⁤ ranging from​ 4.63% to 12.27%?‌ How⁢ sustainable are these rates in the long run?**(Analyzes the financial ​attractiveness and potential volatility)

**III. Future Roadmap and Challenges:**

1. **Starknet mentions this as the first phase toward ⁣a fully ⁣decentralized PoS network. What are the key steps in their roadmap to achieve this goal?** (Invites discussion on⁤ future plans and technological milestones)

2. ⁢**What ⁣potential challenges might​ Starknet face in⁢ achieving its ⁤decentralization vision?** (Encourages critical thinking about obstacles and complex issues)

3. **How migh

t the recent⁢ price correction of STRK‍ influence user participation‌ in staking?** (Examines the interplay of market dynamics⁢ and⁣ individual‍ behavior)

**IV. Broader L2 Landscape:**

1. **How do you anticipate Starknet’s staking launch impacting competition⁢ within ‌the L2 blockchain space?** (Forces consideration of competitive dynamics and market positioning)

2. ⁣**What ​are some other​ notable ⁤L2 solutions emerging in the market, and how do they differ from ‍Starknet in terms of features and approach?** (Encourages comparison ⁤and understanding of diverse L2 solutions)

3. **What are the broader implications of L2 blockchain scaling solutions ‌for the future ⁣of the Ethereum⁤ ecosystem and ⁢the wider ​crypto industry?** (Expands the discussion to wider platform and industry implications)

⁤ **Remember: **

*⁢ Encourage diverse viewpoints and​ respectful debate.

* Probe for deeper‌ explanations and avoid simple yes/no answers.

* ⁢Connect‌ the discussion to current​ events and⁤ broader trends in⁢ the blockchain space.