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Starknet governance has approved SNIP-31, a proposal that will allow Bitcoin to be staked on the Ethereum Layer 2 network. With 93.6% of voters backing the measure, the upgrade introduces Bitcoin into Starknet’s consensus process alongside its native token, STRK.
In brief
- Starknet governance passed SNIP-31 with 93.6% support, enabling Bitcoin staking alongside STRK in its Ethereum Layer 2 network.
- Tokenized Bitcoin wrappers like WBTC, L-BTC, tBTC, and SolvBTC will be supported, with BTC capped at 25% of consensus power.
- The move reflects a broader DeFi trend to mobilize Bitcoin liquidity while diversifying risk across multiple wrapped BTC assets.
How Bitcoin staking will work
The new staking framework assigns Bitcoin a weight of 0.25, giving it up to 25% of total consensus power. The remaining balance remains tied to STRK, ensuring the network’s token continues to anchor security and governance. According to the Ethereum layer 2 network’s team, the official launch of Bitcoin staking will take place in the coming weeks.
At launch, Starknet will support multiple tokenized Bitcoin wrappers, including Wrapped Bitcoin, Liquid Bitcoin, tBTC, and SolvBTC. Governance rules are now in place to evaluate new wrappers over time, creating a flexible framework for the evolving tokenized Bitcoin market. Holders of these approved assets will soon be able to stake or delegate Bitcoin on Starknet to participate in securing the network and to earn protocol rewards.
Part of a bigger shift
Starknet, a zero-knowledge rollup built on STARK proofs, has been pushing toward a multi-asset staking model. This move aligns with its broader strategy of expanding its developer ecosystem and experimenting with reserve assets in its tokenomics.
Integrating Bitcoin into staking also fits a wider DeFi trend: mobilizing the world’s largest crypto asset into DeFi. Other protocols such as Babylon, BTCfi on Sui, and Stacks are similarly exploring ways to put Bitcoin to work, whether through yield opportunities or as security layers for new financial systems.
By supporting multiple wrappers, Starknet aims to diversify custodial and technical risk, while the 25% consensus cap ensures that STRK remains central to the network’s governance and design.
What’s next
Once the upgrade goes live, Starknet users holding approved BTC wrappers will be able to stake alongside STRK to contribute to network consensus, strengthen security through diversified assets, and earn protocol rewards. The rollout marks another milestone in Starknet’s evolution and reinforces the growing effort across DeFi to channel idle Bitcoin liquidity into more productive use cases.
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I’ve been passionate about crypto for nearly a decade, ever since I was young and first became curious about investing. That early spark led me to years of research, writing, and exploring the future of decentralized tech.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.