January 20, 2025
This article is an introduction to the Starknet Protocol.
Starknet Introduction
STAKE TOKEN
Starknet (STRK)
Starknet is a Layer 2 scaling solution for Ethereum that leverages zk-STARKs (Zero-Knowledge Scalable Transparent Arguments of Knowledge) to provide high throughput, low-cost transactions, and enhanced security. Developed by StarkWare, Starknet enables decentralized applications (dApps) to scale efficiently while maintaining Ethereum’s security and decentralization. It operates as a rollup, bundling transactions off-chain and submitting proofs to Ethereum, significantly reducing gas fees and congestion.
APR --
Total Stake
NA
Market Cap
408.00MUSD
Token Price
0.0809 USD
January 20, 2025
This article is an introduction to the Starknet Protocol.
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Starknet is a Layer 2 scaling solution for Ethereum, powered by STARK proofs, that delivers high throughput and low transaction costs without compromising security.
By staking STRK, you contribute to the security and decentralization of the Starknet ecosystem while earning rewards for delegating to a trusted validator.
Staking STRK is simple: click on the Staking button above, your wallet to the Starknet Staking Dashboard, choose the amount to delegate, confirm Simply Staking as Validator and confirm the transaction. We handle the validator operations on your behalf.
Rewards vary depending on validator performance, the total amount staked across the network, and governance parameters. Our dashboard displays the latest APY so you always know your expected returns.
Starknet enforces an unbonding period before unstaked tokens are released. During this period, your tokens are locked and not generating rewards, but they remain safe.
Yes. Your tokens stay in your wallet — staking only delegates them to a validator. Simply Staking uses enterprise-grade infrastructure and 24/7 monitoring to protect delegators.
Yes. You can redelegate earned rewards to increase your staking position over time, maximizing compounding returns.
Yes. Staking STRK provides governance rights, allowing you to participate in decisions regarding network upgrades, economic parameters, and protocol changes.
Simply Staking brings years of validator experience across major blockchain networks, offering high uptime, competitive yields, and transparent reporting for STRK delegators.
Yes. We provide institutional-grade staking solutions, including white-label validators, tailored support, and enterprise-level agreements for funds, custodians, and exchanges.