Ethereum Layer-2 Network Starknet has announced that the Bitcoin deployment will launch on Q3 of 2025. In a post on X, the L2 stated that Bitcoiners will now be able to have sustainable rewards by putting their assets on its network.
According to the network, the move is part of its hyperbitcoinization efforts. Starknet had announced in March that it would be a scale layer for both Bitcoin and Ethereum to unlock decentralized financing options on the two networks.
The L2 said in his announcement:
“Bringing sustainable rewards for bitcoiners, stronger protection for Starknet and new building blocks for developers – all at low costs. Hyperbitcoinization on Starknet does not slowly slow.”
Interestingly, the announcement did not contain any further information about the exact date for the launch or how Bitcoiners will be able. However, information on its website states that users will soon be able to set up the most important bitcoin wrappers. Wrap Bitcoin -Tokens, such as WBTC, CBBTC, UBTC, IBTC and others, are likely to be eligible for deportation.
More than 200 million STRK -Tokens on Starknet
The step to make Bitcoin rash possible is less than a year after Starknet became the first large Ethereum L2 that makes it possible to set off after completing the first phase of his evidence of interest (POS).
The switch to POS, which is intended to decentralize the network, has also become a chance for STRK holders to earn more rewards on their tokens. Anyone with 20,000 Tokens can use to become a validator, while other users can delegate their tokens.
Starknet strike Metrics (source: Starknet)
So far, 261.27 million STRK tokens have been put on the network by 105 validators, which is still a small percentage of its 2.9 billion circulating delivery. Almost 69,000 holders, however, have actually delegated their tokens to take advantage of the annual percentage (APR) of 9.90%.
Starknet’s expansion mechanism is similar to that of his Mavet Ethereum, with cutting as a fine for validators who do not perform their duties or act malicious. Delegators and Validators also have to wait 21 days to get their getting tokens and rewards when withdrawn.
With the release of rewards that are paid exclusively in STRK, Bitcoiners who use the network can earn Strk. The token is traded at $ 0.1518 after winning 2.41% in 24 hours and 11.57% in the last seven days. However, it has fallen by 68.21% to date.
Bitcoin Strike Market is growing
In the meantime, the Starknet company in the Bitcoin deployment market that becomes a member of a growing market means. Bitcoin rash has become one of the fastest-growing sectors, with protocols that want to benefit from massive liquidity in the Defi-Opportunity network.
According to Defillama, Bitcoin institution and relief accounts for more than 80% of the $ 5.86 billion in Defi Total value (TVL) on the network. One platform, Babylon Protocol, only has $ 4.6 billion in TVL.
Babylon enables BTC holders to earn proceeds on their assets when they use it by the protocol, while using the BTC used for liquidity and security on POS networks. The protocol has already deployed more than 57,000 BTC and has recently launched its own Layer-1 network, Genesis, which is essentially a deportation network.
In addition to Babylon, various other platforms also offer setting, recovering and using liquid for Bitcoin. These include Lombard Finance, Exsat Credit strike, Coffer Network, B14G, Chakra and AllobTC.
