Xverse, a popular Bitcoin Web3 wallet, has joined forces with Acre to introduce a new Bitcoin staking experience on the mainnet. This collaboration allows users to earn rewards in BTC, opening up new possibilities in the world of Bitcoin innovation.
With this partnership, Xverse users can now easily stake their BTC in Acre directly from their Xverse wallet on the Bitcoin mainnet. Acre’s on-chain staking system simplifies the process of participating in the Bitcoin economy, offering a ‘one click’ feature for users to access Bitcoin rewards effortlessly.
Ken Liao, the CEO of Xverse, expressed his excitement about this partnership, stating that it provides users with a seamless Bitcoin staking experience while maintaining full control over their assets. This collaboration not only benefits seasoned Bitcoin holders but also newcomers to the space.
Acre, the latest addition to Thesis.co, a Bitcoin venture studio, aims to revolutionize BitcoinFi by providing a transparent way for HODLers to earn rewards on their BTC holdings. Through this partnership, Xverse users can maximize the potential of their idle Bitcoin holdings by staking on both Mezo and Acre through Acre’s native BTC staking platform.
The partnership with Xverse consists of two phases – the first phase being a “points” experience that grants users access to the Bitcoin L2 rewards economy, and the second phase offering native BTC staking rewards as select Bitcoin L2 chains launch later in the year. Acre, founded by the team behind tBTC, a decentralized Bitcoin bridge, collaborates with various protocols in the emerging Bitcoin L2 market to drive rewards and enhance the Bitcoin economy.
Brian, the Co-Founder of Acre, highlighted the significance of this partnership as it marks the launch of Acre’s mainnet. Users can now utilize the Acre staking app through Xverse wallets to explore the world of Bitcoin L2s and earn rewards on their Bitcoin holdings with ease.
In conclusion, Acre’s partnership with Xverse brings forth a new era of Bitcoin staking and rewards, catering to both experienced Bitcoiners and newcomers. This collaboration not only simplifies the process of earning rewards on Bitcoin but also expands accessibility to the evolving Bitcoin economy. Exciting times lie ahead for those looking to ‘stack sats’ and maximize their Bitcoin holdings through innovative staking opportunities.