Starknet has launched its staking protocol for the STRK Coin to promote network decentralization. This initiative is part of Starknet's broader strategy to enhance the functionality and stability of its blockchain ecosystem.
Staking allows STRK Coin holders to participate actively in network governance while potentially earning rewards. By staking STRK Coins, participants help secure the network and validate transactions.
This move aligns Starknet with other blockchain networks incorporating staking to boost decentralization and ensure network security, offering users more control and involvement.