Interested in earning some DeFi yield on your BTC? Good news: Starting Feb 25th, the cap for @Stacks sBTC is tripling to 3,000 BTC. This opens the door for more Bitcoin holders to earn yield and explore Bitcoin-native DeFi. Why should you care about sBTC? It’s a decentralized, non-custodial asset backed 1:1 by Bitcoin. You can earn ~5% APY in Bitcoin rewards just by holding sBTC. Unlike WBTC on ETH, sBTC is secured by Bitcoin’s own blockchain through Stacks’ Proof-of-Transfer (PoX) mechanism. Here are some additional sBTC yield strategies to think about: • Lend sBTC on @ZestProtocol and earn some extra BTC yield. • farm sBTC liquidity pools for dual rewards on @VelarBTC pools. • Borrow stablecoins using sBTC as collateral on @HermeticaFi and stake for up to 25% APY • Provide liquidity on @ALEXLabBTC and earn native + ALEX token rewards Personally, I take my altcoin profits into BTC. While I do keep a portion in cold storage, it also makes sense for me to earn some yield on it. I have to find the right balance because I also don’t want to risk losing my BTC. One thing I love about sBTC is that it focuses on security and decentralization. Each sBTC transaction is recorded on the Bitcoin blockchain. This ensures 100% BTC finality, and the decentralized peg maintained by community-voted signers. With this upcoming cap increase, more Bitcoin holders can unlock the potential of their BTC in a secure, decentralized way. Learn more about putting your BTC to work: https://stacks.co/sBTC This post is a collaboration with Stacks.