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Stacks Launches sBTC Cap-2: Earn 5% Bitcoin Reward APY
Generated by AI AgentCoin World
Saturday, Mar 1, 2025 12:21 am ET1min read
Stacks, a blockchain network that leverages the Bitcoin network, has launched sBTC Cap-2 with a maximum cap of 3,000 BTC. This new development allows users to earn up to a 5% real Bitcoin reward APY simply by holding sBTC.
sBTC is an asset on the Stacks Bitcoin L2 that is pegged 1:1 to Bitcoin. It enables developers to create efficient use cases for BTC, opening the door to Bitcoin DeFi,
, and more. sBTC leverages 100% Bitcoin finality for Bitcoin security and benefits from fast transactions. Its launch will drive the full activation of the Bitcoin economy on Stacks.The Stacks team officially announced the launch of sBTC Cap-2 on social media, marking a significant milestone in the development of the Stacks ecosystem. With a maximum cap of 3,000 BTC, sBTC Cap-2 offers users the opportunity to earn real Bitcoin rewards while holding the asset.
The launch of sBTC Cap-2 is expected to drive the full activation of the Bitcoin economy on Stacks, enabling developers to create innovative use cases for BTC. By leveraging the security of the Bitcoin network and the speed of Stacks transactions, sBTC Cap-2 offers a compelling proposition for users and developers alike.
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