PANews reported on August 21st that the Starknet community has officially approved the SNIP-31 proposal, and Bitcoin staking will soon be available. Specific parameters include: BTC staking weight is set at 0.25, with a maximum of 25% of consensus power, with the remaining weight allocated to STRK.

Additionally, WBTC, LBTC, tBTC, and SolvBTC have been approved for staking on Starknet, and governance rules for the newly added Bitcoin wrapped assets have been established. Officials expect to officially launch this feature in the coming weeks.

According to previous news, Starknet will enter an important stage of decentralized sorting on September 1, and the next focus is the SNIP-33 proposal.