cyrpto governance, launch, March, mechanism, set, staking, Starknets, upgrade, vote Mark March 7, 2025 0 Comments

StarkNet’s governance vote for staking mechanism upgrade set to launch in March

Starknet is launching a governance vote where Strk holders will decide to approve a major upgrade.

Ethereum scale Layer 2 Starknet (Struck) Prepare for Jaliage phase 2a major upgrade to its implementation mechanism, according to its Last announcement on X. The update will first be launched on Testnet in the coming weeks, with a complete deployment of Mainnet provided for the T2 2025.

Strk Stoking Phase 2 arrives, and with him, a new governance vote for Strk 🗳️ holders

Strk Stoking V2 is expected to be launched on Testnet in the coming weeks, the Mainnet launch planned for the T2 2025.

This new phase marks major progress in our implementation mechanism, … pic.twitter.com/za8fsqackt

– Starknet 🐺🐱 (@starknet) March 6, 2025

The main change in this second phase is that the validators will now be responsible for sending block certificates, confirming the validity of the new blocks before being added to the blockchain. This adds a new layer of responsibility for validators and network security.

The concept of block certificates has already been seen in several Blockchains based on the point of sale. For example, validators in Polkadot (POINT) also participate in the certificate to confirm the validity of the new blocks. Polkadot’s governance also allows tokens holders to influence validators commissions, but validators still play a main role in confirmation and validation of the network state via certificates, much like the changes that stratos introduced.

In addition, a characteristic of the fair and transparent commission will be introduced to improve economic incentives for all participants.

In addition to block attestations, a characteristic of the fair and transparent commission will be introduced to improve economic incentives for all participants.

Strk holders will vote on the advisability of approving this two -phase upgrade: a test vote planned from March 10 to 15, to ensure that the system is working properly, followed by the official vote scheduled for March 20 to 30, in which the holders will make the final decision.

If it is approved, phase 2 of stimulation could increase the demand for Strk because more validators and delegates will want to participate in a markup. If the participation in the clearing increases, this could reduce the circulating offer of Strk, which could increase the price of the token, which amounts to $ 0.20 at the time of the press, with a negotiation volume of 24 hours of $ 34,700,272, according to Coinmarketcap.