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Starknet Launches BTC Staking and 100 Million STRK Incentive Program

2025.09.30 13:48:27

On September 30th, Starknet announced the launch of the "BTCFi on Starknet" with three key initiatives aiming to enhance Bitcoin's usability. These initiatives include: 1. BTC Staking: Users are now able to stake BTC on the Starknet Layer 2 to obtain rewards while maintaining asset custody. 2. 100 Million STRK Incentive: The Starknet Foundation will distribute 100 million STRK tokens to provide incentives for activities within the BTCFi ecosystem on Starknet, including BTC-based lending activities. 3. RE7 Capital Yield Product: RE7 Capital will launch an institutional-focused BTC-denominated yield product to achieve broader participation through tokenization, making Starknet the execution layer of the Bitcoin network.
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