A first in DeFi: Bitcoin can now earn staking yield without ever becoming public.
Until today, earning yield on shielded assets meant giving up the privacy to do it. Your funds had to leave the privacy pool, pass through a public wallet, and enter the protocol in the open.
Most liquid staking tokens outside Starknet still rebase. Balance goes up, price stays near 1:1 with the underlying. It looks simple until another protocol has to account for it.
A rebasing balance changes outside of a transfer. Every integration touching that token, a lending
96% of all wrapped BTC on Starknet is not staked. Checked it against the actual token contracts, not just Endur's own numbers.
WBTC, solvBTC, strkBTC, tBTC, LBTC. 971 BTC total sitting on this chain. Only 39 of it is staked through Endur. The other 932, north of 70 million
A side by side look at Endur's five BTC LSTs, since the staking rate alone does not tell the full story.
All five currently earn 1.86% APY. WBTC is the largest position at 24.98 BTC staked and carries the deepest Vesu liquidity, 2.38 million dollars of available capacity spread
If you are running native STRK stake or sitting on unstaked STRK on Starknet, the opportunity cost is larger than the headline APY suggests.
Native staking exposes you to attestation risk directly. Starknet pays rewards per epoch on an all or nothing basis, so a missed
