Starknet token holders voted on Friday to implement staking on the layer-2 network, a proposal that’s been in the works since July, in a landmark governance election on Snapshot’s new decentralized Snapshot X platform. The vote, which went live on Tuesday, passed with overwhelming support, though only 0.08% of eligible voters took part. A full 98.94% of participants voted in favor of implementing staking, while 0.45% abstained and 0.61% voted against it. The new mechanism on Starknet means that anyone holding more than 20,000 of the project’s native token, STRK, will be able to stake on the network, starting in the fourth quarter of this year.
Sep 13, 2024
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