sBTC DeFi Opportunities on Stacks
sBTC Cap-2 goes live on February 25, 2025.
Guest Post by Bitcoin DeFi Expert TheAdvisor.btc on February 16, 2025
Stacks, the leading Bitcoin L2 by market cap, is unlocking new opportunities for Bitcoin holders with the next phase of sBTC, the decentralized way to move your BTC to the L2. On February 25, the cap will increase from 1,000 BTC to 3,000 BTC.
This post highlights 5 DeFi opportunities you can leverage with sBTC
The opportunities are for informational and educational purposes only and does not constitute financial advice. Do your own research and assess the risks before engaging with any DeFi protocol.
This post highlights 5 DeFi opportunities you can leverage with sBTC
The opportunities are for informational and educational purposes only and does not constitute financial advice. Do your own research and assess the risks before engaging with any DeFi protocol.
The Opportunity
- sBTC is a leading asset to move your BTC to the Stacks L2 in a decentralized way.
- By holding sBTC and registering for the incentive program, you earn up to 5% in real Bitcoin rewards.
- Then, you can still use it in DeFi to earn additional yield.
- Register to be the first to know when sBTC Cap-2 exactly opens: https://email.bitcoinismore.org/ (scheduled for Feb 25)
- More information on sBTC: https://www.stacks.co/sbtc
- Check out the sBTC Incentive Program registration: https://bitcoinismore.org/
- Check out the sBTC deployer (currently closed): https://app.stacks.co/
The Opportunity:
- ALEX is a Bitcoin and Stacks DEX, recently raised $10M funding led by Spartan Capital.
- ALEX has a 12,000,000 in ALEX token rewards incentive campaign.
- Pooling sBTC/aBTC and others gives you additional ALEX rewards.
- ALEX Surge page campaign: https://app.alexlab.co/surge
- Full Surge explanation: https://medium.com/alexgobtc/how-to-participate-in-the-surge-campaign-31d59341c88d
- Swap to sBTC on ALEX: https://app.alexlab.co/swap
The Opportunity
- Zest is a Bitcoin liquidity protocol backed by Draper VC and Binance Labs.
- Zest allows you to supply your sBTC for their lending protocol and earn additional yield in BTC rewards on top of your sBTC incentive program bitcoin rewards.
- Zest has raised $3.5 million last year.
- Check out sBTC on Zest: https://app.zestprotocol.com/asset/sbtc
- Check out Binance Lab’s Zest Investment: https://www.binance.com/en/blog/ecosystem/binance-labs-invests-in-zest-protocol-to-introduce--onchain-bitcoin-lending-on-stacks-blockchain-4872312500777637604
- Zest on X: https://x.com/zestprotocol?lang=en
The Opportunity
- Granite is a new Trust Machines backed Bitcoin Liquidity Protocol
- Granite is currently in Beta app release.
- You can be one of the first to join their beta program and benefit from early adopter rewards.
- check out the website: https://www.granite.world/
- Register for the waitlist: https://www.granite.world/waitlist
The Opportunity:
- Bitflow is a Runes AMM, raised $1.3 Million in Pre-Seed Funding led by Portal Ventures.
- Bitflow has high APYs and a lucrative points program for it’s Runes / sBTC / BTC pools.
- Bitflow's sBTC Pools: Bitflow Finance Dex
- Bitflow's APY reports on X: https://x.com/Bitflow_Finance/status/1890103495979946019