Deep Tide TechFlow News, on December 18, according to official news from Stacks, sBTC has been launched on the Stacks mainnet. sBTC achieves trustlessness, security, and transparency through a 1:1 Bitcoin peg, institutional signature network, and Bitcoin mining power assurance, supporting the Bitcoin DeFi ecosystem. In the initial phase, only deposits are supported, with a liquidity cap of 1000 BTC, and offers annual rewards of up to 5%.

The withdrawal function will be enabled in the first quarter of 2025, increasing the liquidity cap and advancing the permissionless signature network.