BTCFi: Starknet Bets on Bitcoin with 100M STRK

Starknet today whispers of BTCFi, a trilogy of gestures aimed at deepening BTC’s role as a global settlement asset, by threading BTC into Starknet’s shield and the patient cadence of its consensus. A poem wearing a circuit-board smile, somehow both solemn and sly, as if the servers themselves telling a joke about fate.

For the first time on any L2, BTC holders can stake without surrendering custody to secure Starknet and earn rewards; the ledger already murmurs of ~65k delegators, ~150 validators and 575M+ STRK staked. Strategic partners including WBTC, Lombard, Solv, Threshold Network, Layerzero and Re7 Capital will ease BTC’s DeFi access and institutional deployment. To jump‑start the ecosystem, the Starknet Foundation is launching a 100 million STRK “BTCFi Season” incentive program to subsidize BTC‑denominated borrowing, yield strategies and tokenized basis trades. Starknet emphasized zk‑STARK security (post‑quantum, no trusted setup), audited transparency, decentralized sequencers, and work with BitVM teams and Raspberry Pi‑verified Bitcoin headers as steps toward becoming Bitcoin’s execution layer.

Yet there is a twinkle between the lines, a wink at the ledger’s edge: a future where the digital coin drifts into the palate of governance, with the patience of poets and the bustle of markets. 😅🤖💎

Read More

2025-09-30 10:57