{"id":6393,"date":"2025-03-07T18:10:34","date_gmt":"2025-03-07T18:10:34","guid":{"rendered":"https:\/\/cryptonewsdesk.com\/?p=6393"},"modified":"2025-03-07T18:10:36","modified_gmt":"2025-03-07T18:10:36","slug":"starknet-community-to-decide-on-staking-upgrade-in-upcoming-vote","status":"publish","type":"post","link":"https:\/\/cryptonewsdesk.com\/index.php\/2025\/03\/07\/starknet-community-to-decide-on-staking-upgrade-in-upcoming-vote\/","title":{"rendered":"StarkNet Community to Decide on Staking Upgrade in Upcoming Vote"},"content":{"rendered":"\n<p>Ethereum Layer 2 scaling solution StarkNet is preparing for a governance vote where STRK token holders will decide on a major upgrade to its staking mechanism. The upgrade, known as <strong>Staking Phase 2<\/strong>, is set to launch on <strong>Testnet in the coming weeks<\/strong>, with a full <strong>Mainnet rollout planned for Q2 2025<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Key Changes in Staking Phase 2<\/strong><\/h3>\n\n\n\n<p>The most notable change in this upgrade is the introduction of <strong>block attestations<\/strong>, which will require validators to confirm the validity of new blocks before they are added to the blockchain. This enhances the network\u2019s security and shifts additional responsibility to validators.<\/p>\n\n\n\n<p>Block attestations are already a core feature in other <strong>Proof-of-Stake (PoS) blockchains<\/strong>, such as <strong>Polkadot (DOT)<\/strong>, where validators confirm new blocks before they are finalized. Like Polkadot\u2019s governance system, StarkNet\u2019s staking update also introduces a <strong>fair and transparent commission increase<\/strong> mechanism to incentivize participants economically.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Governance Vote Timeline<\/strong><\/h3>\n\n\n\n<p>STRK holders will have the opportunity to vote on this upgrade in two phases:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>March 10\u201315:<\/strong> A test vote will be conducted to ensure the system functions as expected.<\/li>\n\n\n\n<li><strong>March 20\u201330:<\/strong> The official governance vote will determine whether the upgrade is approved for Mainnet deployment.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Potential Impact on STRK<\/strong><\/h3>\n\n\n\n<p>If approved, <strong>Staking Phase 2<\/strong> could drive increased demand for <strong>STRK<\/strong> as more validators and delegators participate in staking. A higher staking participation rate could reduce <strong>STRK\u2019s circulating supply<\/strong>, potentially creating upward price pressure.<\/p>\n\n\n\n<p>At the time of writing, <strong>STRK is trading at $0.20<\/strong>, with a <strong>24-hour trading volume of $34.7 million<\/strong>, according to CoinMarketCap. The coming governance vote will be a key event for the network, determining the direction of StarkNet\u2019s staking ecosystem and economic incentives.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum Layer 2 scaling solution StarkNet is preparing for a governance vote where STRK token holders will decide on a major upgrade to its staking mechanism. The upgrade, known as Staking Phase 2, is set to launch on Testnet in the coming weeks, with a full Mainnet rollout planned for Q2 2025. Key Changes in&#8230;<\/p>\n","protected":false},"author":3,"featured_media":6396,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[73,63],"tags":[94,301,408],"class_list":["post-6393","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","category-crypto-news","tag-blockchain","tag-ethereum","tag-starknet"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>StarkNet Community to Decide on Staking Upgrade in Upcoming Vote - Crypto News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonewsdesk.com\/index.php\/2025\/03\/07\/starknet-community-to-decide-on-staking-upgrade-in-upcoming-vote\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"StarkNet Community to Decide on Staking Upgrade in Upcoming Vote - Crypto News\" \/>\n<meta property=\"og:description\" content=\"Ethereum Layer 2 scaling solution StarkNet is preparing for a governance vote where STRK token holders will decide on a major upgrade to its staking mechanism. 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