BTCFi Season starts now.
The Starknet Foundation is allocating 100M STRK to bootstrap BTC activity on Starknet, with one clear goal:
Make Starknet the cheapest and most efficient place to borrow against your Bitcoin.
Incentives target three core areas:
- Liquidity on DEXs
- Liquidity in lending markets
- Borrowing stablecoins against BTC
On DEXs, incentives go to pools pairing BTC wrappers with WBTC, ensuring deep liquidity, low-slippage swaps, and safe liquidation paths for loans.
For borrowers, incentives slash the cost of borrowing stablecoins against BTC, making Starknet the lowest-cost venue to unlock liquidity without selling your Bitcoin.
This is not a shotgun approach; Incentives are laser-focused where they create a sustainable DeFi flywheel:
- Incentivized borrowing drives demand for stablecoins.
- That demand boosts utilization, creating attractive yields for lenders, while subsidies keep borrowing costs low.
The result:
By aligning incentives with real usage, Starknet becomes the most cost-effective place to borrow against Bitcoin. Period.
📣🚨The Starknet Foundation is very excited to announce the launch of BTCFi Season, a new program to bootstrap BTC activity on Starknet, with a focus on low-cost, BTC-backed loans.