Starknet will launch Bitcoin staking functionality through the SNIP-31 proposal

ChainCatcher message, Starknet has announced that SNIP-31 has been officially approved, and Starknet is about to launch the Bitcoin staking feature. The specific parameters are as follows: the BTC staking power weight is set to 0.25, giving BTC a maximum of 25% influence on consensus power, with the remaining portion allocated to STRK; WBTC, LBTC, tBTC, and SolvBTC are approved for staking on Starknet; governance rules for the approval of the new BTC wrapper have now been established. The official release will take place in the coming weeks.