StarkWare Announces Launch of STRK Token Delegation Program

PANews, June 17—According to official sources, StarkWare has announced the launch of the STRK token delegation program, aimed at supporting the decentralization of Starknet by empowering validators. This initiative helps maintain network security while allowing participants to earn rewards in the process. As part of the program, StarkWare will gradually delegate millions of STRK tokens to eligible validators. The goal is to expand the staking pool, improve stake distribution, encourage new validators to participate, and enhance the overall decentralization of the network.

Participation requirements include: an active validator node identity, completion of KYC/KYB compliance verification, over 99% uptime, a commission rate not exceeding 10%, and active involvement in the Staking V3 testnet expected to launch by the end of the year. The initial registration period is open until July 1, 2025, and the first round of delegation will take place shortly after July 1.