Bitcoin L2 Labs announces sBTC listing and incentive program to reward early adopters

According to BlockBeats, on November 29, Bitcoin L2 Labs announced the launch of sBTC (a 1:1 Bitcoin wrapped asset launched by Stacks) and an incentive plan. Early depositors will be eligible to participate in the plan. The specific time is as follows:

Phase 1: Mainnet - Bitcoin deposits, estimated time: December 16, 2024

Phase 2: Mainnet - Bitcoin withdrawals, estimated time: 6-8 weeks after Phase 1.