Starknet Staking Guide by P2P.org

<p>The Bitcoin staking movement is rapidly transforming how we think about Bitcoin’s utility. Once seen solely as a “store of value,” Bitcoin is now stepping into new realms of financial participation, thanks to innovative protocols like Babylon. With <strong>Cap 3 scheduled to launch on December 10th, around 11 a.m. UTC</strong>, this is the perfect moment to explore the opportunities Bitcoin staking offers. </p><p>Here’s why:</p><h2 id="1-rewards-on-your-idle-bitcoin">1. Rewards on Your Idle Bitcoin</h2><p>If you’re holding Bitcoin in your wallet or cold storage, chances are it’s sitting idle—not generating any additional value. While Bitcoin is celebrated as a store of value and an inflation hedge, it doesn’t provide passive income like staking assets in other ecosystems.</p><p>Babylon changes that. By participating in Bitcoin staking during Cap 3, you can earn rewards on your idle Bitcoin while maintaining complete control over your funds.</p><h2 id="2-non-custodial-staking-your-bitcoin-your-control">2. Non-Custodial Staking: Your Bitcoin, Your Control</h2><p>Babylon’s Bitcoin staking is fully non-custodial. Unlike traditional models, where users must bridge their BTC to multisig accounts, Babylon leverages Bitcoin’s UTXO time-lock mechanism. This native Bitcoin feature allows users to stake while keeping their funds secure. This ensures that your Bitcoin always stays under your control and remains in your wallet address, giving you the ability to unstake at any time by simply signing a transaction, with a 7-day unbonding period.</p><p>In an era where self-custody is more critical than ever, Babylon’s approach empowers users to secure their assets without compromising flexibility.</p><h2 id="3-opportunity-for-liquid-staking">3. Opportunity for Liquid Staking</h2><p>Babylon has built a thriving ecosystem of Bitcoin Liquid Staking Token protocols, including projects like Babypie, Lombard, Lorenzo Protocol, Solv, Bedrock, Pstake, and others. These protocols let you stake your Bitcoin and receive staked Bitcoin derivatives, which can be used in restaking protocols, liquidity provisioning, or participating in various DeFi activities.</p><p>With these LSTs, your assets become more liquid, giving you the flexibility to maximize rewards. Whether using your derivatives for DeFi strategies or simply staking, Babylon’s ecosystem opens up new opportunities to make your Bitcoin work harder for you, enabling users to earn more while completely controlling their funds.</p><h2 id="4-restaking-opportunities">4. Restaking opportunities</h2><p>With the rise of Babylon staking and Liquid Staking Tokens, we’re also seeing the emergence of restaking protocols. These protocols allow users to use their staked assets, such as liquid derivatives from Bitcoin staking, in additional staking opportunities across different ecosystems.</p><p>Restaking adds an entirely new layer of utility for staked assets, enabling users to maximize their yields. For example, staked Bitcoin derivatives can be restaked in other protocols to secure networks, provide liquidity, or participate in DeFi activities. This creates a compounding effect, where users earn rewards from the initial staking and the added activities enabled by restaking.</p><h2 id="5-a-growing-ecosystem-of-custodians-and-integrations">5. A Growing Ecosystem of Custodians and Integrations</h2><p>Babylon’s ecosystem rapidly expands, with significant players like Anchorage, Cobo, CeFu, and Fireblocks supporting Bitcoin staking. These partnerships provide institutional-grade infrastructure and reflect growing confidence in Babylon’s vision.</p><p>Babylon API integrations simplify staking for developers and institutions alike, making Bitcoin staking accessible to a broader audience.</p><h2 id="6-bitcoin-cap-3-details">6. Bitcoin Cap 3 details</h2><p>With Cap 3 opening on December 10th, 2024, the window of opportunity is limited. Early participants secure higher yields and position themselves as pioneers in this evolving space. Babylon’s transparent, non-custodial design and innovative features make it the ideal platform to begin your Bitcoin staking journey.</p><h3 id="duration">Duration:</h3><p>Cap 3 is duration-based, lasting 1,000 BTC blocks (~1 week). All valid staking transactions will be accepted without a TVL cap. Exact block heights will be announced 3 days in advance.</p><h3 id="staking-limits">Staking Limits:</h3><ul><li>Minimum: 0.005 BTC per transaction.</li><li>Maximum: Increased to 5,000 BTC (from 500 BTC in Cap 2).</li></ul><h3 id="unbonding-fee">Unbonding Fee:</h3><ul><li>0.00032 BTC per unbonding transaction (unchanged).</li></ul><h3 id="points-per-btc-block">Points Per BTC Block:</h3><ul><li>First 300 blocks: 100,000 points per BTC block.</li><li>Remaining 700 blocks and beyond 21,000 points per BTC block.</li><li>Points are allocated proportionally across active stakes (all caps).</li></ul><h3 id="legal-note">Legal Note:</h3><ul><li>Points have no monetary value, cannot be converted, traded, or redeemed, and are unavailable in some jurisdictions, including the U.S.</li></ul><h2 id="7-be-part-of-a-growing-movement">7. Be Part of a Growing Movement</h2><p>Bitcoin staking isn’t just about individual rewards—it’s about building Bitcoin's future as an active participant in decentralized finance. With protocols like Babylon paving the way, Bitcoin is no longer just a passive asset but a critical tool for governance, liquidity, and utility.</p><p>By joining Babylon during Cap 3, you’re aligning with a movement shaping the next phase of Bitcoin’s evolution.<br></p><h1 id="about-p2p-validator"><strong>About P2P Validator</strong></h1><p><a href="https://p2p.org/?ref=p2p.org">P2P Validator</a>&nbsp;is a world-leading non-custodial staking provider, securing over $7 billion from over 10,000 delegators/nominators across 40+ high-class networks. We have actively participated in the Babylon Chain activities since the beginning. In Cap2, we were the Top 1 Verified Staking Provider in the entire ecosystem.</p><hr><p>Do not hesitate to ask questions in our&nbsp;<a href="https://t.me/P2Pstaking?ref=p2p.org">Telegram</a>&nbsp;chat or contact Alik via&nbsp;<a href="mailto:[email protected]" rel="noreferrer">[email protected]</a>. We are always open to communication.</p><hr><p><strong>Web:</strong>&nbsp;<a href="https://p2p.org/?ref=p2p.org">https://p2p.org</a></p><p><strong>Twitter:</strong>&nbsp;<a href="https://twitter.com/p2pvalidator?ref=p2p.org">@p2pvalidator</a></p><p><strong>Telegram:</strong>&nbsp;<a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a></p>

<p>Introducing Symbiotic, the latest innovation in the Restaking space!</p><p>With over $2B TVL in pre-stake collateral, Symbiotic poses a fascinating approach to the Restaking ecosystem, an abstraction that has garnered significant attention this year.</p><p>The Symbiotic team describes it as:</p><blockquote>a “cutting-edge permissionless staking protocol that enhances network security and capital efficiency. By enabling flexible and decentralized economic agreements, Symbiotic supports a wide range of applications and empowers network participants permissionless.”<br>source: <a href="https://symbiotic.fi/?ref=p2p.org">https://symbiotic.fi</a></blockquote><h2 id="the-layers-of-symbiotic"><br><strong>The Layers of Symbiotic</strong></h2><p></p><figure class="kg-card kg-image-card"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXc09ygJ-JV16E_Fc1_zpQFAQdnd4DzPdPTnPSZtNzWV3Clmgj4kys24_vAf3fQxzPtt2HYFNnr36H7cRRXh6OwVb-Wzlh68mArkerIp573YcE27I8j3MEfce8Q7zR_wPM_hIc9pUYMrXRQ4aS4Cpm3JxOxR?key=_AIPlLzYw1B1zWtBxSM2WQ" class="kg-image" alt loading="lazy" width="1600" height="900"></figure><p></p><p><strong>Collateral </strong>serves as the economic security layer, where users can deposit a variety of assets, including, but not limited to, ERC20 tokens, withdrawal credentials of Ethereum validators, or LP positions utilized in DeFi. Symbiotic’s mission is to be chain agnostic, where assets outside of the Ethereum ecosystem can be leveraged to secure Networks built on top of their platform.</p><p></p><p><strong>Vaults </strong>represent the (re)staking layer. They are responsible for delegating collateral to Operators either in a custom manner or via Operator-specific vaults. Furthermore, Symbiotic’s modular architecture allows vaults to manage accounting, delegation strategies, rewards distribution, slashing, and collateral specifications. This intermediary layer serves as a connecting point between Networks and operators, where users can delegate their assets.</p><p></p><p><strong>Operators</strong> are the engines that power Symbiotic’s respective Networks. These entities run infrastructure to maintain services required by Networks, so it is essential to delegate assets to an Operator with a strong reputation and track record (like <a href="P2P.org" rel="noreferrer">P2P.org</a>!).</p><p><strong>Resolvers</strong> are the checks and balances of Symbiotic. Since this platform is inherently flexible, resolutions for slashing can come in several different forms. Slashing terms are set at the vault level and can be passed to specific entities, smart contracts that review slashing penalties, or leverage external dispute resolution frameworks.</p><p></p><p><strong>Networks </strong>built on top of Symbiotic to attract economic security. These trust-minimized services include but are not limited to decentralized sequencing of transactions, off-chain consensus, and automation. In return for the economic security restakers and operators provide, networks create their own incentive mechanisms and slashing conditions to reward good actors and punish malicious behavior.</p><p></p><h2 id="symbiotic-value-proposition"><strong>Symbiotic Value Proposition</strong></h2><p></p><ol><li><strong>Asset support</strong>- Symbiotic’s goal is to create a thin unified coordination layer with nearly unlimited possibilities in asset support for vault collateral (ERC-20, chain agnostic, LP positions in DeFi)<ol><li>Note: Collateral designated by a vault must be agreed upon by both Operators and Networks for there to be a Symbiotic relationship ;)</li></ol></li><li><strong>Flexibility—</strong>Networks can adjust security parameters and utilize various assets to reach their optimal performance for economic security.</li><li><strong>Decentralized Resolution—</strong>Slashing is determined at the vault level and can be delegated to decentralized entities (which can also select more than one framework).</li><li><strong>Decentralized Architecture + Robust Security—</strong>Symbiotic’s core contracts are non-upgradeable which significantly reduces governance risks and eliminates points of failure</li></ol><p></p><h3 id="vault-coordination"><strong>Vault Coordination</strong></h3><figure class="kg-card kg-image-card"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcBnzldKN0rknCu4_uZ7fnEni_ofhpepomfaavKU4YXHyzYBpnE5aWEmLxs5j8Z_NTxJm4lwcb3A0niwz0PgCI8_UK1NxH4D3b5EcAAY70qDheRaiJ1pHls4vd273MKA-fNu2sRDbYc3EQNTv3uQVz2LQVs?key=_AIPlLzYw1B1zWtBxSM2WQ" class="kg-image" alt loading="lazy" width="1600" height="893"></figure><p><br><strong>For</strong> <strong>operator-specific vaults, a user deposits collateral into a Symbiotic vault of their choosing. The funds deposited in the vault are then delegated to a specific Operator (e.g., the </strong><a href="p2p.org" rel="noreferrer"><strong>P2P.org</strong></a><strong> vault), </strong>who is responsible for managing the infrastructure. In return, Networks leveraging this vault will reward the Operators and the Restakers for participating.</p><div class="kg-card kg-callout-card kg-callout-card-blue"><div class="kg-callout-emoji">💡</div><div class="kg-callout-text">Note: Operators and Networks opt-in to work with each other based on several factors, one of which includes a designated collateral agreement in a vault (i.e., accepting stETH)</div></div><p></p><p><br>For <strong>LRT-specific vaults, </strong>a user deposits collateral through an LRT platform (e.g., Mellow Finance, ether.fi, Renzo, Puffer). In return for the collateral, these LRT platforms generate a liquid LRT token, which is given back to the user to manage the yield and can be used in alternative DeFi strategies.&nbsp;</p><div class="kg-card kg-callout-card kg-callout-card-blue"><div class="kg-callout-emoji">💡</div><div class="kg-callout-text"><i><em class="italic" style="white-space: pre-wrap;">For example, if a user deposits wstETH in ether.fi’s Symbiotic Restaking vault, they will receive weETH, which serves as a token representing the staked ETH position and is liquid for use in various DeFi applications</em></i>.</div></div><p></p><p><br>From there, the LRT platform deposits into the Symbiotic vault on behalf of the user. This vault is customized based on the arrangement deemed by the curator (opt-ins with Operators and Networks) to earn rewards.</p><h2 id="faq"><br><strong>FAQ</strong></h2><h2 id></h2><div class="kg-card kg-toggle-card" data-kg-toggle-state="close"> <div class="kg-toggle-heading"> <h4 class="kg-toggle-heading-text"><b><strong style="white-space: pre-wrap;">How can I do restaking for Symbiotic?</strong></b></h4> <button class="kg-toggle-card-icon" aria-label="Expand toggle to read content"> <svg id="Regular" xmlns="http://www.w3.org/2000/svg" viewbox="0 0 24 24"> <path class="cls-1" d="M23.25,7.311,12.53,18.03a.749.749,0,0,1-1.06,0L.75,7.311"/> </svg> </button> </div> <div class="kg-toggle-content"><p><span style="white-space: pre-wrap;">While Symbiotic is not yet in mainnet, there are a couple of ways to get involved!</span></p><ol><li value="1"><span style="white-space: pre-wrap;">Visit </span><a href="https://symbiotic.fi/?ref=p2p.org"><u><span class="underline" style="white-space: pre-wrap;">https://symbiotic.fi</span></u></a><span style="white-space: pre-wrap;"> to restake and earn Symbiotic points ahead of mainnet release, or</span></li><li value="2"><span style="white-space: pre-wrap;">Visit </span><a href="https://app.mellow.finance/vaults/ethereum-rsteth?ref=p2p.org"><u><span class="underline" style="white-space: pre-wrap;">https://app.mellow.finance/vaults/ethereum-rsteth</span></u></a><span style="white-space: pre-wrap;"> to restake in P2P’s exclusively curated vault to earn Mellow and Symbiotic points.</span></li><li value="3"><span style="white-space: pre-wrap;">Once Symbiotic is officially live on the mainnet, users can restake directly on the Symbiotic platform and delegate to a trusted Operator(s) of their choosing (P2P.org!).</span></li></ol></div> </div><div class="kg-card kg-toggle-card" data-kg-toggle-state="close"> <div class="kg-toggle-heading"> <h4 class="kg-toggle-heading-text"><b><strong style="white-space: pre-wrap;">What are restaking points?</strong></b></h4> <button class="kg-toggle-card-icon" aria-label="Expand toggle to read content"> <svg id="Regular" xmlns="http://www.w3.org/2000/svg" viewbox="0 0 24 24"> <path class="cls-1" d="M23.25,7.311,12.53,18.03a.749.749,0,0,1-1.06,0L.75,7.311"/> </svg> </button> </div> <div class="kg-toggle-content"><p><b><strong style="white-space: pre-wrap;">Symbiotic</strong></b><span style="white-space: pre-wrap;"> restaking points measure a restaker’s contribution to the Symbiotic Finance protocol. This is calculated by tracking the amount restaked in pre-stake collateral and the time restaked. Once vaults are live in the mainnet, the Symbiotic points system will be adjusted where most of the points emission will be re-directed to vaults.</span></p><p><b><strong style="white-space: pre-wrap;">Mellow Finance</strong></b><span style="white-space: pre-wrap;"> restaking points are given to early adopters who facilitate the growth and success of the Mellow ecosystem. This is measured by tracking the amount of assets restaked and the length of time in a given Mellow vault.&nbsp;</span></p><p><br><i><em class="italic" style="white-space: pre-wrap;">💡 Note:</em></i><span style="white-space: pre-wrap;"> While the Symbiotic or Mellow team has not officially announced the purpose of the points system or whether it will translate to future token airdrop allocation, Restakers/ Operators/ Vault Curators are anticipating potential future rewards.</span></p></div> </div><div class="kg-card kg-toggle-card" data-kg-toggle-state="close"> <div class="kg-toggle-heading"> <h4 class="kg-toggle-heading-text"><b><strong style="white-space: pre-wrap;">What is slashing?</strong></b></h4> <button class="kg-toggle-card-icon" aria-label="Expand toggle to read content"> <svg id="Regular" xmlns="http://www.w3.org/2000/svg" viewbox="0 0 24 24"> <path class="cls-1" d="M23.25,7.311,12.53,18.03a.749.749,0,0,1-1.06,0L.75,7.311"/> </svg> </button> </div> <div class="kg-toggle-content"><p><span style="white-space: pre-wrap;">Penalization of participating Operators in a Network for not fulfilling the technical requirements necessary to support adequately or for malicious behavior.</span></p></div> </div><div class="kg-card kg-toggle-card" data-kg-toggle-state="close"> <div class="kg-toggle-heading"> <h4 class="kg-toggle-heading-text"><b><strong style="white-space: pre-wrap;">How does Symbiotic handle slashing?</strong></b></h4> <button class="kg-toggle-card-icon" aria-label="Expand toggle to read content"> <svg id="Regular" xmlns="http://www.w3.org/2000/svg" viewbox="0 0 24 24"> <path class="cls-1" d="M23.25,7.311,12.53,18.03a.749.749,0,0,1-1.06,0L.75,7.311"/> </svg> </button> </div> <div class="kg-toggle-content"><p><span style="white-space: pre-wrap;">Symbiotic leverages a unique framework where slashing is handled transparently. ‘Resolvers are entities, smart contracts, or decentralized resolution frameworks that can veto such incidents to improve overall security for participants.</span></p><p><span style="white-space: pre-wrap;">Immediate slashing: When a violation is detected, the Network sends a slashing request to the vault, and the vault’s slasher module processes the request.</span></p><p><span style="white-space: pre-wrap;">Veto-based slashing- a veto period begins when the vault’s designated resolver(s) block or approve the slashing.</span></p></div> </div><div class="kg-card kg-toggle-card" data-kg-toggle-state="close"> <div class="kg-toggle-heading"> <h4 class="kg-toggle-heading-text"><b><strong style="white-space: pre-wrap;">How secure is Symbiotic platform design?</strong></b></h4> <button class="kg-toggle-card-icon" aria-label="Expand toggle to read content"> <svg id="Regular" xmlns="http://www.w3.org/2000/svg" viewbox="0 0 24 24"> <path class="cls-1" d="M23.25,7.311,12.53,18.03a.749.749,0,0,1-1.06,0L.75,7.311"/> </svg> </button> </div> <div class="kg-toggle-content"><p><span style="white-space: pre-wrap;">Symbiotic's unique value proposition is that its core contracts are non-upgradeable (like Uniswap). The immutability of these contracts eliminates risks from external governance processes and potential points of failure. Symbiotic's mission is to eventually become a fully decentralized application.</span></p></div> </div><div class="kg-card kg-toggle-card" data-kg-toggle-state="close"> <div class="kg-toggle-heading"> <h4 class="kg-toggle-heading-text"><b><strong style="white-space: pre-wrap;">How are Symbiotic vaults managed?</strong></b></h4> <button class="kg-toggle-card-icon" aria-label="Expand toggle to read content"> <svg id="Regular" xmlns="http://www.w3.org/2000/svg" viewbox="0 0 24 24"> <path class="cls-1" d="M23.25,7.311,12.53,18.03a.749.749,0,0,1-1.06,0L.75,7.311"/> </svg> </button> </div> <div class="kg-toggle-content"><p><span style="white-space: pre-wrap;">Symbiotic’s modular approach helps diversify risk since Stakers, Operators, and Networks can opt- into multiple vaults rather than only a single vault.</span></p><p><span style="white-space: pre-wrap;">Vaults can have multiple operators, which helps prevent downtime and reliance on a single point of failure.</span></p></div> </div><div class="kg-card kg-toggle-card" data-kg-toggle-state="close"> <div class="kg-toggle-heading"> <h4 class="kg-toggle-heading-text"><b><strong style="white-space: pre-wrap;">How to exit from Symbiotic and Mellow Finance vault?</strong></b></h4> <button class="kg-toggle-card-icon" aria-label="Expand toggle to read content"> <svg id="Regular" xmlns="http://www.w3.org/2000/svg" viewbox="0 0 24 24"> <path class="cls-1" d="M23.25,7.311,12.53,18.03a.749.749,0,0,1-1.06,0L.75,7.311"/> </svg> </button> </div> <div class="kg-toggle-content"><p><b><strong style="white-space: pre-wrap;">For Symbiotic,</strong></b><span style="white-space: pre-wrap;"> withdrawal periods are set at the vault level, allowing restakers to choose a vault that meets their withdrawal wait time needs. During withdrawal periods, access to funds is delayed so that restakers may face potential circumstances such as slashing and token price volatility.</span></p><p><b><strong style="white-space: pre-wrap;">For Mellow Finance, </strong></b><span style="white-space: pre-wrap;">withdrawals are handled by vault curators in batches within 1-4 days. In emergencies, users can force the withdrawal themselves if 90 days have passed since the withdrawal request.</span></p></div> </div><h2 id="about-us"><br>About Us:</h2><p>P2P.org is an early supporter of <a href="symbiotic.fi" rel="noreferrer">Symbiotic</a> and its corresponding Networks that leverage the platform. We are excited to extend our support as Node Operators and continue to make restaking as safe and secure as possible.</p><p>We've prepared this comprehensive FAQ to answer all your questions about Symbiotic Restaking. We encourage you to read it to gain deeper insights into how restaking works.</p><p>But in case you still have some questions:</p><hr><p><strong>Contact Us</strong></p><p>We are always open to communication. Do not hesitate to ask questions in our Telegram chat. For any questions or support, please get in touch with our team at&nbsp;<a rel="noopener">[email protected]</a>.</p><p>We encourage you to check our website and start our staking journey together!</p><ul><li><strong>Web</strong>:&nbsp;<a href="https://p2p.org/?ref=p2p.org" rel="noopener">https://p2p.org</a></li><li><strong>Blog</strong>:&nbsp;<a href="https://p2p.org/economy?ref=p2p.org" rel="noopener">https://p2p.org/economy</a></li><li><strong>Twitter</strong>:&nbsp;<a href="https://twitter.com/p2pvalidator?ref=p2p.org" rel="noopener">@p2pvalidator</a></li><li><strong>Telegram</strong>:&nbsp;<a href="https://t.me/P2Pstaking?ref=p2p.org" rel="noopener">https://t.me/P2Pstaking</a></li></ul>