Starknet Bitcoin Staking begins after SNIP-31 approval
The Starknet community has officially approved SNIP-31, a proposal that unlocks a major new feature: Bitcoin staking on Starknet. This move is already being hailed as a game-changer for the DeFi ecosystem.
The vote, which passed with overwhelming support, enables Bitcoin holders to stake their BTC directly within the Starknet ecosystem. Until now, Bitcoin has often been considered a passive asset in DeFi, with limited options beyond being wrapped for liquidity. But with Starknet Bitcoin staking, BTC can now generate yields natively in the network.
SNIP-31 is designed to integrate Bitcoin staking into the Starknet protocol securely, allowing BTC to participate in decentralized applications without needing centralized bridges. This reduces risks while opening the door to a wider range of use cases for Bitcoin in DeFi and Web3 staking ecosystems.
Community members and developers alike are celebrating the result. Many believe it positions Starknet as a leading platform for cross-chain innovation, blending Ethereum scalability with Bitcoin’s liquidity.
Why Bitcoin staking on Starknet changes the game
The approval of SNIP-31 could reshape how investors see Bitcoin in decentralized finance. For years, BTC has been the largest cryptocurrency by market cap, but it lacked direct staking capabilities like those available for Ethereum staking.
By enabling Bitcoin staking on Starknet, users can now:
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Earn yields on their BTC without relying on custodians
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Use staked BTC as collateral in DeFi protocols
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Access higher liquidity pools within the Starknet network
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Participate in governance and network incentives
This is especially significant for Web3 developers. With SNIP-31 active, dApps can integrate BTC into lending, borrowing, and trading platforms natively, which may lead to a surge of new Bitcoin-powered DeFi projects.
Industry experts suggest this could accelerate Starknet’s adoption, making it one of the top destinations for cross-chain DeFi. At the same time, it enhances Bitcoin’s role beyond being just “digital gold,” transforming it into an active, yield-generating asset.
As more networks look to combine Bitcoin liquidity with smart contract functionality, Starknet’s SNIP-31 approval stands out as a milestone. It represents both the growing demand for cross-chain DeFi solutions and the community’s belief in staking as a driver for long-term growth.