The Starknet community has voted overwhelmingly to adopt a new staking mechanism, featuring a dynamic minting curve for STRK tokens. With nearly 98.94% of voters supporting the proposal, this marks a significant step towards incentivizing staking while managing token supply. James Strudwick, from Starknet Foundation, sees this as a milestone, making Starknet the first major Ethereum L2 platform to introduce staking. The approved proposal includes a minting curve based on Professor Noam Nisan’s 'Proposal 2', allowing token supply adjustments based on staking rates. The minting rate will be determined by a formula scaling with staking levels and a constant. The Starknet Foundation can adjust this constant within a range to control inflation and encourage staking. Despite some opposition, the community largely supports this balanced approach, aiming to boost network engagement and activity through adjustable incentives. Read more AI-generated news on: https://app.chaingpt.org/news