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Bridge BTC to sBTC
Network
Leather users can bridge their BTC to sBTC in-app using the swap function (a minimum of 0.01 BTC is required). Users who obtain sBTC can then enroll their asset as part of the rewards program run by Bitcoin L2 Labs.
Users should note that there are two transaction fees required to mint your sBTC. The first is manually set by the user when initiating the deposit transaction within their wallet. The second is a fee used to consolidate the deposit UTXOs into a single signer UTXO. This separate transaction fee happens automatically and is set to a max of 80k sats, which is also automatically deducted from your minted sBTC.
This is not a minting fee but a regular Bitcoin transaction fee labeled as "Max Signer Fee" in Leather.
How to Bridge BTC to sBTC in Leather
Click on “Swap”
In the “You’ll pay” dropdown, select “Bitcoin” and determine the amount of BTC you’d like to bridge
In the “You’ll receive” dropdown, select “sBTC”
Click “Review and Bridge”
Double check the transaction confirmation details and click “Bridge”
The sBTC you obtain will appear in the “Tokens” section of your wallet homepage once the transaction has been confirmed