Introducing stSTXbtc: The Future of Bitcoin-Enhanced Liquid Staking

The Stacking DAO team is excited to unveil stSTXbtc, a revolutionary product that redefines staking on the Stacks blockchain by combining the power of liquid staking with Bitcoin rewards.

This latest offering empowers users with flexibility, greater rewards, and the ability to align staking strategies with market conditions seamlessly. Here’s everything you need to know.

What Is stSTXbtc?

stSTXbtc is a new staking product designed to give users the best of both worlds:

• Liquid Staking with STX: Unlock the ability to participate in Stacks’ ecosystem while maintaining liquidity.
• Bitcoin Rewards: Receive rewards in sBTC, a trustless Bitcoin asset pegged to Bitcoin via the Stacks blockchain.

With stSTXbtc, users can:

• Earn ~10% APY stacking rewards paid out in sBTC.
• Receive an additional ~5% incentive in sBTC, funded by the Stacks Foundation, for holding their sBTC rewards.

Key Features

Dual Reward Options
stSTXbtc holders enjoy unparalleled flexibility to choose between rewards:

• In bull markets, opt to redeem stSTXbtc for stSTX and auto-compound STX rewards, leveraging the high beta STX offers to Bitcoin.
• During consolidation periods, switch to sBTC rewards to stack sats and ensure Bitcoin earnings.
  

Immediate Redeemability
stSTXbtc can be instantly redeemed for stSTX, giving users the freedom to toggle between STX or sBTC rewards with just a few clicks. No lock-in periods, no hassle.

Maximized Incentives
By holding your earned sBTC, you unlock an additional ~5% reward in sBTC, provided by the Stacks Foundation, further enhancing your overall yield.‍

Stacking DAO Points
Every stSTXbtc holder will earn Stacking DAO Points, opening the door to additional rewards and benefits within the Stacking DAO ecosystem.

Why stSTXbtc?

The introduction of stSTXbtc brings unparalleled versatility to staking:

• Maximized Returns: Combining liquid staking rewards with Bitcoin-based incentives ensures you’re always maximizing earnings.
• User-Centric Design: Tailor your staking strategy to market conditions without being locked into one approach.

Innovative Bitcoin Integration: sBTC represents a major leap in connecting the Bitcoin and Stacks ecosystems, and stSTXbtc is your gateway to participating in Bitcoin DeFi.

Stacking DAO’s Complete Product Suite

With the launch of stSTXbtc, Stacking DAO now offers a comprehensive suite of staking options:

1. stSTX
   The go-to product for earning auto-compounded STX rewards, perfect for those who want to maximize their STX holdings during market upswings.
   ‍
2. Native BTC Stacking
   Earn Bitcoin rewards without liquid staking. A straightforward and simple option for those who prefer direct BTC payouts.

stSTXbtc
The newest addition, combining liquid staking and Bitcoin rewards, giving you flexibility and maximizing returns in every market condition.

Timing and Transparency

To ensure the highest level of security and trust, stSTXbtc is undergoing a comprehensive audit. The launch is slated for early next year, and we’re committed to keeping the community updated every step of the way.

Stacking DAO Details:

Mint stSTX today and earn up to 10% yield on your STX: https://app.stackingdao.com/

Follow us on Twitter to always be up to date on Stacking DAO: https://twitter.com/StackingDao

For any questions or support, join our Discord community: https://discord.gg/yDuMYJZQzd