StarkNet Community to Vote on Staking Activation via Governance Proposal
CryptoNewsTerminal Staff10 Sep, 2024
StarkNet Community to Vote on Staking Activation via Governance Proposal
StarkNet (STRK), an Ethereum Layer 2 scalability network, is set to hold a governance vote on a proposal to enable staking on its network. The vote is scheduled to conclude in two days, empowering the community to decide on the future of staking within the StarkNet ecosystem. By enabling staking, StarkNet users would be able to contribute their STRK tokens to secure the network and earn rewards in return. This would further decentralize the network, enhance its security, and provide additional incentives for community participation. The governance vote will determine whether staking will be implemented on the StarkNet network, giving the community a direct say in the project's development and direction. The outcome of the vote will be closely watched by the industry as it marks a significant step in the evolution of StarkNet and its ecosystem.
