xverse

📰 Xverse has launched a Bitcoin self-custody staking service. Users can pair sBTC with STX and participate in the Stacks PoX-5 locked staking cycle. The key point is that during staking, the Bitcoin remains on the Bitcoin mainnet, under the user’s own control—no cross-chain, and no wrapping needed.

🔥 Honestly, compared with just making the returns sound more enticing, “the coin doesn’t leave the mainnet and control isn’t handed over” is more likely to win over long-term holders. After all, many people want BTC to generate yield, but when they see cross-chain, custodial services, and wrapped assets, they tend to get a bit nervous.

💡 To take part, you’ll need to upgrade your Xverse wallet to v2.9. Registration ends on September 9, and the quota may run out earlier. Rewards are expected to be distributed starting September 10, corresponding to Bitcoin block 966350 and Stacks cycle 143.

👀 UTXO, HashKey Cloud, and 21shares have joined as participating anchor partners. Xverse has also previously managed non-custodial staking for about 152 million STX, which shows it’s not just testing the waters temporarily.

🤔 If the yield is right, would you use self-custody to let BTC participate in staking, or would you rather keep it where it is and do nothing?

#比特币 #Xverse #Stacks #自托管

Earn BTC in this Bear Market without Trading

Some of you may know $STX Stacks, the DeFi network of $BTC , while others might know that you can earn satoshis of Bitcoin just by putting your STX in staking on the

1) Transfer your stacks from #Binance to your wallet, say #xverse , for example, which is on the Stacks network.

2) Head over to the staking section.

3) Put your STX in staking and that's it

Now your STX generates satoshis of Bitcoin, currently paying out a 9% annual yield. Your STX pays you in Bitcoin for holding them in staking.

As you can see, you don't need to trade to earn the scarcest asset on the planet, and at the same time, you support the Stacks network which has been around for years and is currently oversold.

If you're thinking long-term and know the products that Stacks $STX offers, you could be looking at an opportunity. #earnbtc

These opinions are those of the content creator and do not constitute an investment invitation; remember to do your own research DYOR before trading in any market.