🚀 Exciting news for Bitcoin enthusiasts! Bitcoin L2 Labs has officially launched sBTC on the Stacks mainnet, marking a significant leap for Bitcoin's capabilities. 🎉

sBTC is a programmable, 1:1 BTC-backed asset that allows decentralized movement of Bitcoin across layers, enabling access to DeFi applications while preserving Bitcoin's core security. This follows the recent Nakamoto upgrade, which enhanced transaction speeds and ensured 100% Bitcoin finality.

Starting December 17, 2024, users can deposit BTC to mint sBTC, with withdrawals expected by March 2025. Early participants can earn up to 5% annual rewards in sBTC. This launch opens new doors for Bitcoin in the DeFi space! 🌟