TechFlow reported, according to official information, on July 12, Lennix Lai, Global Chief Business Officer of OKX, shared a post about the "BRC20-S standard for Bitcoin ecosystem officially open for deployment," stating that BRC20-S enables staking through inscription minting, where locked assets remain in users' own wallets—making it relatively safer than staking via smart contracts.
It is understood that the BRC20-S standard aims to introduce a staking mechanism to the Bitcoin ecosystem, allowing users to earn yield by staking their BRC-20 assets without selling them. It also enables projects to distribute BRC20-S assets to holders of Bitcoin or BRC-20 assets, thus promoting the growth of the Bitcoin ecosystem.
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