How to Start Dual Stacking
Getting starting in Dual Stacking is simple.
Coinciding with the Dual Stacking launch, the existing sBTC Rewards Program will sunset on October 31, 2024. Starting October 30th, enroll in the Dual Stacking Rewards Contract (specific instructions to follow).
NOTE: you will have until ~ Nov 4 (end of Cycle 121) to enroll, and you will continue to earn rewards from the current program until this date.
Overview of how to start Dual Stacking
Mint sBTC → 1:1 Bitcoin-backed. Enroll in dual stacking to earn baseline reward.
Stack STX → Stack STX alongside your sBTC to multiply returns up to 10x.
Use in DeFi → Deploy sBTC across protocols while still earning rewards.
Earn sBTC → and redeem 1:1 for BTC anytime.
PS: your stacked STX continues to earn bitcoin while in dual stacking.
Dual Stacking Web App
The Dual Stacking Web App is the primary user interface for participating in Dual Stacking — a mechanism that allows Bitcoin holders to earn BTC-denominated rewards through sBTC, and maximize those rewards by either stacking STX or using sBTC in DeFi.
Once connected to the web app, you'll see the dashboard that lays out all the metrics regarding your rewards composition and different methods for boosting rewards. Track your balances, rewards and payouts at anytime.
The 'Boost your rewards' section will layout the steps for you to enroll and boost your rewards. All rewards are distributed in sBTC, redeemable 1:1 for BTC anytime.
Use the Dual Stacking calculator for estimated rewards based on the ratio of sBTC in your wallet and STX stacked. For more details on how your rewards are calculated and the math behind it, check out the section on the Dual Stacking reward function.
Start Dual Stacking now with the following wallets:
Who is this app for?
At the end of October, users participating in sBTC Rewards program will need to enroll in Dual Stacking in order to continue earning sBTC rewards. This web app is the main way for them to do that.
There are relatively few options to earn yield on BTC. This app gives BTC holders an option to earn BTC denominated rewards in an easy, trust minimized way.
STX holders who have participated in regular Stacking might be intrigued about a new type of Stacking, dual stacking. This app lets them try out a new iteration of a familiar flow.
It's simple: Stack bitcoin, Earn bitcoin 🟧
For more questions and help with Dual Stacking, reach out to us and the community in our Discord and on our official Stacks twitter.
Last updated
Was this helpful?