StarkWare, the power behind zero-knowledge-based layer 2 network Starknet, has announced plans to introduce staking by the end of 2024. This move aims to strengthen the blockchain's durability and decentralized nature. In line with the Starknet Improvement Proposal (SNIP) presented by CEO Eli Ben-Sasson and his team, the first staking phase will be launched on the mainnet of the L2 network in the last quarter of 2024, subject to community approval. 📊 STRK tokens serve as governance tokens that provide the opportunity to vote on various proposals for Starknet's operations. Soon the use of STRK will be expanded to include staking, which will be required for services that are important to Starknet's operational capability and security. The introduction of staking promises to strengthen the security of the network and influence the community more deeply.