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's estimated net yield is now revised to 2.4%, full breakdown below.
Bitcoin Staking on @Stacks requires sBTC to be paired with STX. Stacking DAO supplies that STX from the backing of stSTX and stSTXbtc, so stBTC holders do not need to deposit it separately.
The yield
DeFi incentives are coming to @Stacks.
Tomorrow's Stacks DeFi Show covers where the rewards are going, alongside the latest updates from builders across the ecosystem.
