Starknet Is All In: BTCFi

Starknet has launched a BTCFi campaign, which its author describes as one of the biggest incentive campaigns for Bitcoin as a DeFi collateral asset. The campaign includes a BTC staking primitive where staked BTC is tokenized and generates STRK rewards, and an institutional Bitcoin Yield Fund from Re7 that allocates into Starknet's BTC staking and DeFi strategies. A one-click yield aggregator managed by Re7 will be integrated into various wallets, and 100M in STRK incentives will be allocated across partner protocols for long-term TVL retention. The article argues Starknet is well positioned to become a trustless Bitcoin bridge and a Bitcoin DeFi layer, with the author stating this makes it a concentrated bet on Bitcoin finance.