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sBTC Cap-3: Full.
We reached the 5,000 sBTC cap in less than 2.5 hours.
BTCFI is inevitable.
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sBTC Cap-3 officially filled in just a few hours, with over 5,000 BTC now made productive on the leading Bitcoin L2, Stacks. That’s over $500M in Bitcoin put to work. Stacks' momentum keeps rising.
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A Stacks economic model that, if implemented, expands Bitcoin activity on Stacks and ensures that STX accrues value as the network grows. Proposed by Bitcoin L2 Labs Product Lead Andre Serrano on the Stacks Forum: "Stacks Economic Model: Unlocking Bitcoin Capital & Long-Term Growth"
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sBTC Cap-3 is now open. A limited supply of 2,000 more BTC can be made productive on the leading Bitcoin L2, Stacks. Use your BTC in BTCFI with sBTC. Earn Bitcoin yield. Put your Bitcoin to work before the cap fills: https://app.stacks.co/
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Roadmap released. DeFi Growth Plans released. Several other plans published. Tune in tomorrow to hear from Stacks Founder Muneeb Ali, Trust Machines COO Rena Shah and more. Add a question about the new plans in the replies below. Set a reminder.
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sBTC Litepaper expected in May 2025. Core developers have been exploring how sBTC can be upgraded to be fully self-custodial, combining unique aspects of Stacks with design breakthroughs that would further reduce the trust assumptions of the protocol.
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