L2BEAT Delegate Communication Thread

Hereā€™s a quick update on our participation up until now (January 2025).

[Vote] Staking on Starknet - Voted FOR

We decided to support this proposal because StarkWareā€™s minting curve mechanism is trusted to be research-based. Allowing Starknet Foundation to adjust the constant ā€˜Cā€™ provides flexibility based on staked supply, with future adjustments possibly made by the DAO.

[Vote] Termination of Transaction Versions 0,1,2. - Voted FOR

We voted in favor of this proposal. However, weā€™re concerned about the lack of backward compatibility initially. We understand future SNIPs will address this, and we hope they are proposed promptly. Switching to fee payments in STRK tokens raises questions about Starknetā€™s alignment with the Ethereum ecosystem. With less demand for ETH in Starknet, there might be less ETH bridged, impacting security.