TechFlow news: According to official announcements, the BRC20-S standard proposed by OKX is now officially open for deployment. All projects can now deploy BRC20-S staking pools on OKX to provide ecosystem rewards for BRC-20 asset holders. Additionally, BRC-20 asset staking functionality will soon be launched, with Phase 1 supporting staking for all BRC-20 assets except BTC.
OKX stated that BRC20-S is an open standard and OKX will not conduct reviews on deployed pools. Users can freely choose pools in which to stake. The BRC20-S standard aims to introduce a staking mechanism to the Bitcoin ecosystem, enabling users to earn yield through staking without selling their BRC-20 assets. It also allows projects to distribute BRC20-S assets to Bitcoin or BRC-20 asset holders, thereby promoting the development of the Bitcoin ecosystem.
