StarkWare CEO Eli Ben-Sasson has announced plans to introduce staking by the end of 2024 through the Starknet Improvement Proposal (SNIP). If the community approves SNIP, Starknet staking is expected on the testnet, with the mainnet launch scheduled for the fourth quarter. 🚀

Staking will allow Starknet token holders to “participate in the core activities of the decentralized network.” Over time, stakers will gradually be given more responsibilities, with rewards based on completing those responsibilities.

According to Ben-Sasson, "the main idea of ​​the emission curve mechanism is to find a balance" by encouraging participation while keeping inflation in check.