# Starknet Approves Wrapped Bitcoin Staking Proposal

*Author: Bankless*
*Published: Aug 21, 2025*
*Source: https://www.bankless.com/read/starknet-approves-wrapped-bitcoin-staking-proposal*

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Starknet governance has ratified SNIP-31, clearing the way for bitcoin staking on the Ethereum Layer 2 network. The upgrade will allow BTC wrappers to participate in consensus and earn rewards, with launch set for the coming weeks.

## What’s the Scoop?
- **Overwhelming support:** 93.6% of voters approved SNIP-31, giving wrapped BTC a consensus weight of up to 25%, while STRK remains central to security.
- **Multiple wrappers included:** Wrapped Bitcoin, Liquid Bitcoin, tBTC, and SolvBTC are part of the initial staking set, diversifying custodial and technical risk.
- **Industry momentum:** The move reflects a broader push to mobilize bitcoin in DeFi, similar to initiatives from Babylon, BTCfi, and Stacks.
- **Starknet strategy:** The network continues to expand beyond STRK-only staking, positioning itself as a multi-asset Layer 2 while growing developer tools and ecosystem support.
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