Starknet, Layer-2 Chain on Ethereum, to Open Staking By End of Year

StarkWare, the main development firm behind Starknet, shared that staking will be rolled out in several phases. “In the first main stage, stakers will need to connect to Starknet, interact with the staking contracts, and follow the proposed protocol rules to stake,” the press release said. Teams at StarkWare and Starknet Foundation will study their users’ staking habits to determine later staking mechanism updates.