TechFlow news — On December 18, according to an official announcement from Stacks, sBTC has launched on the Stacks mainnet. sBTC achieves trustlessness, security, and transparency through 1:1 Bitcoin pegging, an institutional signature network, and Bitcoin hash power protection, enabling the Bitcoin DeFi ecosystem. During the initial phase, only deposits are supported, with a liquidity cap of 1,000 BTC and offering annual rewards of up to 5%.
Withdrawal functionality, increased liquidity limits, and progress toward a permissionless signature network are planned for the first quarter of 2025.
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