How to stake STRK (Starknet)

Everything you need to know to stake STRK with Chorus One.

Source: https://www.starknet.io

Overview

CATEGORY	DETAILS
Chorus One Validator Address	0x75ca5979aa8656b200b5e342555e50f68043e60534f83b7cb4c5c56f7820a4a
Pool Contract to Stake with Chorus One	0x63b11e3d91ba5d2b42497c4101717bbaa715b74a837535ca0d0999d8fe95d15
Recommended Wallets	Argent X or Braavos
Block Explorer	https://starkscan.co/
Staking Rewards	https://www.stakingrewards.com/stake-app?input=starknet&type=pos&provider=chorus-one
Network APR	https://voyager.online/staking-dashboard
Unstaking Period	21 Days
Inflation Rate	1.6%
Chorus One Commission Rate	5%

A Note to Investors:

Locked tokens are not eligible for staking in the first phase. This will become available at a later stage in the network's development.

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About Starknet

Starknet has been designed to enhance Ethereum's capabilities while maintaining its core values of security and composability. It operates as a permissionless Validity-Rollup, also known as a zero-knowledge rollup (ZK rollup), which is a Layer 2 solution built to improve the scalability of the Ethereum network.

As an L2 blockchain, Starknet empowers developers and decentralized applications to perform large-scale computations at significantly reduced costs. This scalability is achieved without compromising Ethereum’s inherent strengths, such as its decentralized nature.

Starknet uses an advanced cryptographic system known as STARK proofs (Scalable Transparent Argument of Knowledge). These proofs ensure transactions are both secure and verifiable, even when processed off-chain, which helps to maintain Ethereum’s high standards of trust and transparency.

A unique feature of Starknet is its use of Cairo, a purpose-built programming language designed to maximize efficiency and performance in the Starknet ecosystem. Cairo is used to write smart contracts, enabling developers to harness its full potential for creating innovative and high-performance applications.

With Starknet, the Ethereum ecosystem can achieve faster transaction speeds, lower costs, and improved scalability, making it a vital piece of the blockchain scalability puzzle included in Ethereum’s roadmap.

Starknet Launch Phases

The launch for Starknet will happen in different phases, which are the following:

Phase 1

Launch of permissionless staking and stake delegation.

Validators are required to run a full node in preparation for future phases.

Phase 2

Validators will begin attesting to blocks, signing them when randomly selected.

Phase 3

Validators will validate and vote on blocks sequenced by the sequencer, with consensus proofs submitted to L1.

Phase 4

Validators will assume full responsibility for maintaining and securing the network by producing, attesting, and proving blocks.

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How to stake STRK

In order to stake with Chorus One, you can go to the staking rewards app available here.

Once there, connect your wallet (Argent X or Braavos).

If you’re visiting the website for the first time, you’ll need to grant the application access and approve a signature request.

Example of the Staking Rewards interface.

Next, enter the amount of STRK you want to stake with Chorus One.

Example of the STRK staking screen.

Click 'Stake' and then confirm the transaction in your wallet to complete the staking process.

Example of the staking transaction confirmation process.

Congratulations! You have successfully staked your STRK.

Click the button (shown below) to track your staked STRK position in the Staking Terminal.

You can also view the transaction details on Starkscan.

Example of successfully staking STRK.

You can now monitor your stake, claim staking rewards, and unstake directly using the Staking Rewards Terminal, available here:

• https://www.stakingrewards.com/terminal

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A Note to Institutional Investors

If you are an institutional investor looking to stake Starknet (STRK) with Chorus One, please reach out to us via our staking request form.

About Chorus One

Chorus One is one of the largest institutional staking providers globally, operating infrastructure for over 60 Proof-of-Stake (PoS) networks, including Ethereum, Cosmos, Solana, Avalanche, Near, and others.

Since 2018, we have been at the forefront of the PoS industry, offering easy-to-use, enterprise-grade staking solutions, conducting industry-leading research, and investing in innovative protocols through Chorus One Ventures.

As an ISO 27001 certified provider, Chorus One also offers slashing and double-signing insurance to its institutional clients. For more information, visit chorus.one or follow us on LinkedIn, X (formerly Twitter), and Telegram.