sBTC unlocks Bitcoin, allowing users to earn yield, access on-chain lending, and trade on decentralized exchanges.
Become an early sBTC adopter and start earning BTC today.
Signers are responsible for approving all sBTC deposit and withdrawal operations, ensuring the integrity of the system. With a requirement of 70% consensus for transaction approval, Signers maintain the protocol's liveness and security.
Signers play a crucial role in the security and functionality of the sBTC protocol.
sBTC leverages Stacks' unique connection to Bitcoin, enabling 100% Bitcoin finality and native BTC yield.
With sBTC, over $1T in latent capital is unlocked within the Bitcoin economy.
sBTC is secured by a decentralized network of signers, removing the need to trust a single entity or exchange.
Security is the bedrock of sBTC, supported by comprehensive audits from Asymmetric Research and ImmuneFi's bug bounty program. sBTC is also backed by Stacks' robust Proof of Transfer (PoX) mechanism, Stacks' market cap, and Bitcoin finality which was delivered through the recent Nakamoto upgrade.
With a multi-layered approach, sBTC sets a new standard for digital asset security.
sBTC is a 1:1 Bitcoin-backed asset, enabling users to put their BTC to work in DeFi, dApps, and other applications.
All Stacks transactions, including those that involve sBTC, benefit from 100% Bitcoin finality. This means transactions on Stacks, once confirmed, are as irreversible as Bitcoin's.
Access a world of new use cases for Bitcoin thanks to Clarity, a full featured smart contract language optimized for security and predictability.
sBTC operations happen on the Bitcoin main chain, meaning that external actors cannot censor these operations.
Meet leading Bitcoin organizations embracing sBTC.
Immunefi
The Leading Crowdsourced Security Platform in Bitcoin
CoinFlip
The #1 Global Bitcoin ATM Network
Bitcoin Frontier Fund
Home of the Top Bitcoin Accelerator
Portal Ventures
First to Call the Bitcoin Thesis
sBTC enables programmability for Bitcoin's underlying value while maintaining the security properties, fungibility, and transferability of Bitcoin.
Check out the rollout strategy for sBTC.
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sBTC deposits will be available on the mainnet starting December 17, 2024, with withdrawals expected in March 2025.
Full decentralization of the Signer set will follow in a subsequent phase, gradually expanding beyond the initial 15 community-elected signers.
Here are the main differentiating characteristics of sBTC:
Partnerships with top-tier security experts have been established to ensure the protocol is fortified at every level: