Bitcoin L2 Lab to Launch Stacked Bitcoin Token sBTC on Dec 17

in sbtc •  28 days ago 

Bitcoin L2 Lab will launch its new sBTC, stacked Bitcoin token, with the sBTC Rewards Program. This program offers an easy way for Bitcoin holders to earn rewards without any complex requirements.

The program allows a user to earn a 5% annual Bitcoin reward, distributed every two weeks. The rewards are paid in Bitcoin, not tokens or points; thus, the user receives actual Bitcoin immediately in their wallet.

The best part of this program is that no staking is required. Unlike many other reward programs that lock up funds, sBTC does not require users to stake Bitcoin. Users may keep their cash liquid while also collecting benefits.

The rewards come from stackers in Stacks’ consensus mechanisms and are distributed proportionally. The more sBTC a user holds, the larger their share of the rewards, offering an easy way to earn Bitcoin without complexity.

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