We’re fully aligned with the new date for @Stacks sBTC Cap-3 increase, set for May 22nd 📆
Surge 4 will launch as planned tomorrow on May 15th 🚀
With a full 2 week Registration phase, we’re just kicking off the celebration early! 🥳
Update: @Stacks sBTC Deposit Cap Raise Moved to May 22
We’re sharing an update on the next phase of the sBTC rollout.
The upcoming deposit cap raise — which will increase the total sBTC capacity by 2,000 BTC — will now open on Thursday, May 22 at 8:00 am ET, a one-week shift from the previously announced date.
This adjustment allows additional time for our newly onboarded institutional custody providers, who are preparing to enable support for sBTC. This will ensure that their clients can both participate in the sBTC mint and deploy into Stacks DeFi.
We’re grateful for the community’s support and excited by the growing interest in minting sBTC. This next cap marks another step toward unlocking Bitcoin’s potential in DeFi.]
View full blog post below.
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