Find an additional income for BTC.

CN
1 month ago

Finding an additional yield for BTC, the newly launched sBTC by Stacks (STX) is definitely one of the top considerations.

1 Compared to other new projects, Stacks' mainnet has been online since 2021 and has been operating securely ever since. It is also the only qualified token issuance project recognized by the SEC in the United States, favored by American capital.

2 The newly launched sBTC also has high security performance, with a small number of signers compared to wBTC and cbBTC. sBTC launched with 15 signers, all of which are leading institutions in the industry (such as BlockDaemon, Figment, etc.), and will gradually open up more. Its level of decentralization is comparable to many POS public chains.

3 sBTC complies with the SIP-010 fungible token standard on the Stacks blockchain. This ensures broad compatibility with Stacks wallets and applications. The conversion from BTC to sBTC can be completed within 3 Bitcoin blocks, while the conversion from sBTC to BTC can be completed within 6 Bitcoin blocks.

4 After discussing security, let's talk about yield. Early holders of sBTC can connect their wallets to https://bitcoinismore.org/ to enjoy a 5% APR yield, which does not require staking, points, or complex operations. At the same time, sBTC users can also participate in projects within the Stacks ecosystem, such as Bitflow DEX, Zest - lending market, Velar DEX, Arkadiko - USDA stablecoin, and more.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink