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The community has spoken. SNIP-31 is officially ratified. Bitcoin staking is coming to Starknet, with the following parameters: - BTC staking power weight set at 0.25, giving BTC up to 25% influence in consensus power, with the rest allocated to STRK - WBTC, LBTC, tBTC, and SolvBTC approved for staking on Starknet - Governance rules for approving new BTC wrappers are now set The official launch will take place in the coming weeks.
New Launch Alert: SolvBTC 🚴♂️ A big welcome to @SolvProtocol who aims to "pioneer a decentralized Bitcoin reserve" $SolvBTC is now available to trade and LP on Velodrome on @inkonchain, paired with $kBTC. https://t.co/griCwRvqSm
Bitcoin Staking on Starknet, Community Vote opens in 3 days 🗳️ A major proposal is on the table: SNIP-31 introduces a new BTC staking mechanism on Starknet. If passed, it will allow BTC holders to lock their tokenized BTC (WBTC, LBTC, tBTC, SolvBTC) directly on Starknet and earn STRK rewards, without affecting the current STRK APR. This upgrade includes: - A BTC staking weight (alpha) set at 0.25, giving BTC holders up to 25% influence in consensus power. - A curated list of BTC wrappers eligible for staking, governed through community votes and Monetary Committee approvals. - A clear separation of STRK and BTC reward dynamics. This is a critical moment for the network: it defines how Bitcoin integrates into Starknet’s staking and governance framework. As with previous SNIPs, your vote matters. To participate, make sure to: - Wrap your STRK into vSTRK and delegate or self-delegate your voting power on the Governance Hub (this allows you to keep your STRK liquid) - Or stake your STRK directly (21-day unlock applies if you want to unstake). If you don’t complete one of these before the vote opens, you won’t be able to vote. More details on SNIP-31 below 👇
Deepening Liquidity on Soneium & The Superchain 💿 We're proud to announce our collaboration with @VelodromeFi to deploy new pools on @soneium! Join now! - app.solv.finance/solvbtc?networ… x.com/VelodromeFi/st… Quote [@VelodromeFi](https://www.twitter.com/VelodromeFi/status/1920086268517773590) > New Launch Alert: SolvBTC & xSolvBTC 🚴♂️ > > A big welcome to @SolvProtocol who aims to "pioneer a decentralized Bitcoin reserve" > > $SolvBTC and $xSolvBTC are now available to trade and LP on Velodrome on @soneium, paired with $WBTC. > > Incentives and emissions are flowing
New Launch Alert: SolvBTC & xSolvBTC 🚴♂️ A big welcome to @SolvProtocol who aims to "pioneer a decentralized Bitcoin reserve" $SolvBTC and $xSolvBTC are now available to trade and LP on Velodrome on @soneium, paired with $WBTC. Incentives and emissions are flowing
🎉 Double celebration welcoming @SolvProtocol! 🧑🌾 Stake SolvBTC-BTCB LP, earn CAKE: pancakeswap.finance/farms?chain=bsc 🥞 Stake CAKE to Earn $solvBTC: pancakeswap.finance/pools?chain=bsc 🔄 Swap here: pancakeswap.finance/swap?inputCurr…
🎉 Double celebration welcoming @SolvProtocol! 🧑🌾 Stake SolvBTC-BTCB LP, earn CAKE: pancakeswap.finance/farms?chain=bsc 🥞 Stake CAKE to Earn $solvBTC: pancakeswap.finance/pools?chain=bsc 🔄 Swap here: pancakeswap.finance/swap?inputCurr…
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