Product Updates and News
Jan 13, 2025
This month we launched Leather Earn! This feature allows you to earn Bitcoin yield by bridging BTC into sBTC or stacking your STX. We don't provide the Stacking service ourselves or operate the protocols that provide yield, we leverage our partners to provide these services. We also brought more exposure to Leather wallet through Reown’s appkit.
Stacking Pools
FAST - With FAST pool, you have the option to lock your STX for one cycle and extend your locking every cycle. Payout rewards in STX within 2 days after the last reward was received, proportional to your contribution to the pool.
Planbetter - Planbetter pools your unlocked STX with other stackers so the minimum threshold is met. This allows you to participate in the Stacking process to earn Stacking rewards in BTC. Planbetter proportionally streams Stacking rewards to each Stacker after the end of every even cycle in a single transaction.
Restake is a self-service pool, where you can delegate to the pool and your STX tokens will be automatically stacked. You receive your rewards in STX tokens, no need to provide a Bitcoin address. Each cycle, you can increase the delegated amount or revoke the delegation, unlocking your funds 1 day after the end of the cycle. Minimum staking amount: 100 STX. Fees of 5%.
Check out their pool on the explorer.
Liquid stacks providers
Stacking DAO - Start with any STX amount in one click. Receive stSTX, which automatically accrues in value along with the Stacking rewards. Use stSTX across DeFi to earn more yield and points, or swap back to STX anytime.
LISA - LISA transforms stacking with the flexibility to earn yields without locking up your exposure. See your balance increase automatically and always exchange at 1 STX to 1 LiSTX. LISA’s integration with ALEX broadens DeFi service access, cementing its role in Bitcoin’s DeFi ecosystem.
Reown - WalletConnect
Reown and Leather Wallet, and several other companies in the ecosystem joined forces to create Reown tooling for Bitcoin and Layer 2s. By early 2025, dApps will be able to support Leather mobile wallet using WalletConnect's AppKit. This development is exciting, as it gives UTXO wallets exposure to 6,000+ applications already using WalletConnect!
There's growing demand for decentralized applications to support Bitcoin and Bitcoin L2s, but developers weren't ready to heavily invest in supporting UTXO-based protocols.
EVM wallets, for example, all share the same interface for sending transactions, provider.request function, and standardized methods through Ethereum Improvement Proposals (EIPs—EIP-6963, EIP-1193), making it easy to interface with any wallet in the ecosystem.
Together, Leather and Reown are creating and advocating for an open-source standard. This includes merging the wallet standard into the current web providers WBIP standard.