stBTC is live on @Stacks.
Deposit and earn Bitcoin Staking yield that auto-compounds in BTC, up to a 2.6% target yield produced by Stacks Bitcoin Staking.
Allocation is limited, first come first serve.
stBTC does two jobs at once.
The token stays liquid across @Stacks DeFi. The sBTC behind it is committed to Stacks Bitcoin Staking, where the yield comes from.
Bitcoin Staking goes live on @Stacks this week, and stBTC is part of the Genesis Bond.
The Stacks DeFi Show covers the launch tomorrow: what starts Thursday and how stBTC earns from it.
Many things are converging for @Stacks in this market:
1锔忊儯 Bitcoin L2 competition disappeared: bear market & pivots to apps.
2锔忊儯 Bitcoin staking flywheel for locking STX supply.
3锔忊儯 Clarity Act will finally translate decentralisation into access to capital.
150 BTC fully allocated with @StackingDao. Their Bitcoin Staking capacity is officially filled.
Other pools still have room, including @xverse. Watch their channels for the next opening.
