menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Cryptography News

>

sBTC Launc...
source image

Cryptopotato

3w

read

184

img
dot

Image Credit: Cryptopotato

sBTC Launches on Stacks Mainnet With Deposit-Only Functionality

  • Bitcoin L2 Labs has launched sBTC on the Stacks mainnet with deposit-only functionality.
  • sBTC allows the decentralized movement of BTC in and out of Bitcoin layers.
  • Deposits for sBTC will be available on the Stacks mainnet starting December 17, 2024, with withdrawals expected in March 2025.
  • Depositors of sBTC will receive up to 5% annual Bitcoin rewards, paid in sBTC, for holding the asset.

Read Full Article

like

11 Likes

For uninterrupted reading, download the app