TechFlow reported on November 26 that, according to CoinDesk, Ethereum Layer-2 scaling solution Starknet has officially launched its crypto staking functionality, becoming the first Ethereum L2 network enabling users to earn rewards by staking tokens. Users holding at least 20,000 STRK (approximately $12,000) can become validators by staking their assets as collateral to validate transactions and receive rewards; users holding fewer than 20,000 STRK can delegate their tokens to validators for staking.
Users must wait 21 days when staking or withdrawing tokens, including rewards accrued during the staking period. Meanwhile, Bitwise Asset Management announced it will operate a public validator node for STRK holders to delegate their staking, and will provide dedicated validator services for institutional clients.
