Stacks Launches sBTC on Mainnet!

Exciting news for everyone who has been waiting for the real Bitcoin DeFi! Stacks has officially launched sBTC on its mainnet.

In the first phase, only deposits are available, with a limit of 1000 BTC. This will allow us to test the system and ensure its stable operation.

Withdrawals are planned to open in Q1!

What does this mean?

* sBTC is a 100% Bitcoin-backed token on the Stacks network. It allows Bitcoin to be used in DeFi applications while maintaining the security and decentralization of Bitcoin.

* The launch of sBTC opens the door to many new opportunities in the Stacks ecosystem, including:

* Decentralized exchanges (DEX)

* Lending and borrowing

* Staking

* and much more!

Stick to the feed to see the withdrawal feature and learn about new sBTC features!#Stacks#sBTC #Bitcoin