🚀 Great news for the Bitcoin ecosystem! Bitcoin L2 Labs has launched sBTC on the Stacks mainnet. This programmable asset, backed 1:1 by BTC, allows for decentralized movement of BTC on Bitcoin layers, opening doors to DeFi applications without sacrificing security.

🔹 Starting December 17, 2024, you will be able to deposit BTC on Stacks to earn sBTC, with an initial limit of 1,000 BTC.

🔹 Withdrawals available in March 2025.

🔹 Get in early and earn up to 5% per year in sBTC rewards!

What do you think about this innovation? 💬👇