stSTXbtc Basics

stSTXbtc is a second liquid stacking token backed 1-to-1 with STX; holders can claim the sBTC stacking rewards on Stacking DAO website twice a day (every 70 Bitcoin blocks / ~12 hours). stSTXbtc solves the same issues as stSTX but offers BTC yield instead of auto-compounding STX rewards.

With this service, users will benefit from earning BTC, the leading and most adopted crypto asset, while retaining liquidity of their STX in the form of stSTXbtc, which will be usable across various Stacks protocols.

Furthermore, the sBTC rewards can then be used across Stacks protocols (e.g Zest) to earn further yield.

Key features:

• Non Custodial Solution

• Continous BTC Yield: Perfect solution for those looking to earn BTC yield daily while keeping their STX capital liquid

• Liquid Stacking Benefits: No waiting 2 weeks to unstack, no 90k STX minimum deposit, and get immediate yield

• stSTXbtc<>stSTX switch: Seamlessly switch between liquid stacking tokens without the need to unstack. One-click swaps will be available directly on Stacking DAO.

If you deposit stSTXbtc on Zest, you will still earn the sBTC Stacking rewards daily and can be claimed on Stacking DAO website.