Vesu, a lending protocol on Starknet, now rewards borrowers with weekly STRK tokens when they take out stablecoin loans backed by tokenized Bitcoin assets like WBTC and tBTC. This incentive, accessed via the Sats Terminal interface, can reduce the net borrowing cost to near zero or even negative, effectively paying borrowers if STRK's value exceeds loan interest. The rewards come from a 100 million STRK fund by the Starknet Foundation to boost onchain Bitcoin activity. While the subsidies are temporary and dependent on STRK's market value, this move could increase borrowing volume and value locked on Starknet during the reward period, with future activity hinging on continued incentives.
Starknet's BTCFi push and Vesu's STRK rewards for Bitcoin borrowers provide context for crypto market trends. For readers following major cryptocurrencies on Pluang, as of Oct 09, 2026 17:21 WIB, 12 of 50 major cryptos rose while 37 fell. Notable moves include SXP down 46.27%, ALGO down 14.55% with 73% buy orders, and BAT up 12.38% with 97% sell orders.
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