sBTC is a Bitcoin-backed asset on the Stacks blockchain. It brings native BTC into a smart contract environment by allowing users to lock BTC via a decentralized bridge and receive sBTC 1:1 on Stacks.
Once minted, sBTC can be used in DeFi protocols that offer yield through lending, liquidity provision, or collateral-based strategies.
How sBTC rewards work
sBTC itself does not generate rewards passively. However, when supplied to certain protocols, users may earn incentives in the form of:
BTC (on select platforms)
sBTC or STX
Other protocol-specific tokens
Rewards depend on how and where sBTC is deployed. Apps may offer incentives for:
Providing liquidity to sBTC trading pairs
Supplying sBTC to lending markets
Participating in early bootstrapping programs for new DeFi apps
Accessing rewards with Leather
With Leather, you can:
Bridge BTC and mint sBTC
Connect to protocols like ALEX and Zest Protocol
Commit sBTC to supported strategies
Track your balances and rewards in your wallet
These protocols are third-party and independent from Leather. Reward mechanisms, lockups, and risks vary by platform.