Xverse Launches Bitcoin Staking With sBTC on Stacks

Xverse launched <a href="https://xpertsstudio.com/bitcoin-japans-big-bet-on-ai-economy-from-spacex-to-rare-earths/” title=”Bitcoin Japan’s big bet on AI economy, from SpaceX to rare earths”>Bitcoin staking through sBTC on Stacks on Sept. 7, making the feature available in version 2.9 of its self-custodial wallet. In its official launch announcement, Xverse said users can put existing bitcoin to work and receive additional bitcoin through the fee-efficient sBTC representation on Stacks.

The product does not lock native $BTC directly on the Bitcoin base layer. Xverse’s technical overview says participants use sBTC, which is backed one-for-one by bitcoin held through the Stacks signer system, and pair it with $STX. That structure introduces different risks from simply holding $BTC in a wallet.

Staking pairs sBTC with a smaller $STX position

A position combines sBTC with $STX worth roughly 5% of the deposited sBTC The $STX is neither a fee nor collateral; it establishes eligibility and links the position to a Stacks identity. The bitcoin-denominated rewards accrue to the sBTC side rather than the $STX balance

Xverse said users can obtain an $STX shortfall inside the staking flow. Each participant receives one position per bond and may add sBTC or $STX before the bond begins. Once it is active, the position remains fixed unless the user withdraws the sBTC or waits for maturity.

Rewards target about 3% but can vary

The protocol targets an annual percentage yield of roughly 3%, with distributions arriving in sBTC about once every two weeks. The realized return depends on the bitcoin committed by Stacks miners and the amount deposited alongside it, so the target is not a guaranteed rate.

Each bond runs for six months. Before registration, users can withdraw both assets. After a bond starts, sBTC can be removed early, but the paired $STX remains locked until maturity. Xverse also warns that the staking contracts are new and that sBTC depends on its signer set and continued peg to bitcoin.

The launch opens retail access to the Genesis Bond

Xverse’s rollout gives wallet users pooled access to the Stacks Genesis Bond without meeting a large standalone minimum. BlockchainReporter previously reported that 21Shares joined the same Bitcoin staking program as an institutional participant. The two developments involve different access channels: 21Shares supplied capital to the bond, while Xverse now offers a wallet interface for individual positions.

The Genesis Bond is scheduled to begin near Bitcoin block 966,350, which Xverse estimated around Sept. 10 in Stacks reward cycle 143. The precise timing remains block-dependent. Later bonds are expected to open roughly monthly, but available capacity and deposit windows may close before a scheduled start.

Source: cryptonews.net