Starknet, the Layer 2 network on Ethereum, is set to introduce staking for its $STRK token by the end of 2024, according to an announcement by developer firm StarkWare at the Ethereum Community Conference (EthCC) in Brussels, Belgium.

StarkWare CEO Eli Ben-Sasson presented a Starknet Improvement Proposal (SNIP) to the community, proposing the implementation of staking. If approved, a testnet for staking will be launched shortly, followed by a mainnet launch planned for Q4 2024.

#BinanceTurns7 #BinanceTournament #MtGoxJulyRepayments #BTC_Bounce_Back_to_57k