How to stake STRK (Starknet)
Everything you need to know to stake STRK with Chorus One.
Overview
CATEGORY
DETAILS
Chorus One Validator Address
Pool Contract to Stake with Chorus One
Block Explorer
Network APR
Unstaking Period
21 Days
Inflation Rate
1.6%
Chorus One Commission Rate
5%
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:
Launch of permissionless staking and stake delegation.
Validators are required to run a full node in preparation for future phases.
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).
Next, enter the amount of STRK you want to stake with Chorus One.
Click 'Stake' and then confirm the transaction in your wallet to complete the staking 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.
You can now monitor your stake, claim staking rewards, and unstake directly using the Staking Rewards Terminal, available here:
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.
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