🎉 Exciting news from the crypto world! Bitcoin L2 Labs has just launched sBTC on Stacks mainnet, taking Bitcoin to a new level with DeFi features. Imagine, Bitcoin that can move freely across blockchain layers without losing its core security!
- sBTC allows you to access DeFi applications easily, thanks to the Nakamoto update that speeds up transactions and ensures 100% Bitcoin finality.
- Starting December 17, 2024, you can start depositing sBTC on Stacks, with an initial limit of 1,000 BTC to maintain liquidity.
- Withdrawals will only be available in March 2025, so be patient!
- There's an exciting prize for early participants: up to 5% annual rewards in sBTC!
What do you think about this big step for Bitcoin? Let's discuss in the comments! 🚀