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.
A deeper dive into bond dynamics.
We have about 2 billion in Bitcoin capacity that we can deploy in coming months.
The rough math is that we can sustain 3x the market cap of STX for BTC deployed.
So far we’ve used very little capacity, like < 1,000 BTC. Why?
Because we’re in