Crypto Staking Goes Live on Starknet in First for Ethereum L2 Blockchains

Barchart · 11/26 07:14

Starknet has become the first major layer-2 rollup on top of Ethereum to let users earn money by staking their tokens.

Anyone who has at least 20,000 STRK tokens (roughly $12,000 at recent prices) can pledge the asset as collateral and earn rewards for validating transactions.

Users with less than 20,000 STRK can delegate their tokens to validators to stake on their behalf.