Bitcoin L2 Labs

Bitcoin L2 Labs is an organization focused on core product development of @Stacks, the leading Bitcoin L2 🟧

[Bitcoin L2 Labs @BitcoinL2Labs]

1/ On Sept 16, the cap on sBTC will be removed.

This unlocks unrestricted Bitcoin inflows & outflows on Stacks, positioning sBTC as open liquidity for users, developers, and institutions.

🧵 Learn more about why this matters, as well as the evolving sBTC Rewards Program ↓

[Bitcoin L2 Labs @BitcoinL2Labs]

Due to the upcoming launch of Dual Stacking, the sBTC Rewards Program will sunset on November 4, 2025.

We now look ahead to Dual Stacking on October 30 which will continue to offer bitcoin rewards on sBTC holdings with up to a 10x boost if you pair it with $STX stacking or deploy it in DeFi apps on Stacks.

Since launching earlier this year, the sBTC Rewards Program has paid out over 33.5 BTC in rewards to over 1,800 sBTC holders.

On behalf of our team, thank you for being early to sBTC and for unlocking the full potential of your Bitcoin!

[Bitcoin L2 Labs @BitcoinL2Labs]

3/3. Stacks is the leading fully expressive Bitcoin layer in BTC made productive.

Start earning Bitcoin yield now. Get sBTC here: https://t.co/xRKkCTB8eA

[Bitcoin L2 Labs @BitcoinL2Labs]

The sBTC cap has been removed.

This unlocks open BTC on @Stacks: enabling unrestricted inflows, outflows, and accessibility for users & institutions.

A huge milestone for BTC in the digital economy, setting the stage for onramps, listings, and earn programs.

More below 1/3

[Bitcoin L2 Labs @BitcoinL2Labs]

sBTC’s Early Momentum:

- $545 million USD TVL secured across 7,408 holders.
- 62+ BTC distributed in rewards since launch.

These signals reflect both the trust that participants are placing in the system and the clear demand for a secure, Bitcoin-backed asset on STX.

More 2/3

[Alex Miller @alexlmiller]

ICYMI, on September 16, the cap on sBTC is coming off for @Stacks.

That means more room for bd teams to drive listings, onramps etc, and for apps to expand.

Stacks is already the leader in programmable bitcoin. this move kicks off the next stage of growth.

[Bitcoin L2 Labs @BitcoinL2Labs]

8/ Looking Ahead:

sBTC uncapping sets the stage for:

- Dual stacking strategies
- BTC yield vaults
- Onchain Bitcoin-native DeFi products
- More

Read more:
https://t.co/mT2ixLpUnY

[Bitcoin L2 Labs @BitcoinL2Labs]

1/ On Sept 16, the cap on sBTC will be removed.

This unlocks unrestricted Bitcoin inflows & outflows on Stacks, positioning sBTC as open liquidity for users, developers, and institutions.

🧵 Learn more about why this matters, as well as the evolving sBTC Rewards Program ↓

[Bitcoin L2 Labs @BitcoinL2Labs]

7/ Momentum:

- $545M+ TVL secured across 7,408 holders
- 62+ BTC distributed in rewards since launch
- Clear signals of trust + demand for Bitcoin-backed assets on Stacks.

[Bitcoin L2 Labs @BitcoinL2Labs]

5,000 BTC has officially moved to the leading Bitcoin L2, @Stacks.

sBTC Cap-3: Complete.

[Bitcoin L2 Labs @BitcoinL2Labs]

sBTC Cap-3 is officially open.

5,000 BTC total cap, unlocking 2,000 more BTC ready to be put to work on the leading Bitcoin L2, @Stacks. Making Bitcoin productive.

Put your BTC to work with BTCFI. Start earning Bitcoin yield:
https://t.co/xRKkCTB8eA

[Bitcoin L2 Labs @BitcoinL2Labs]

For more information: https://t.co/Y6TFiwcGhl

[Bitcoin L2 Labs @BitcoinL2Labs]

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.

[Bitcoin L2 Labs @BitcoinL2Labs]

On May 15, 2025, the third sBTC deposit cap for @Stacks will open, allowing an additional 2,000 BTC to be deposited into the system.

Cap-3 follows consistent demand: the previous cap was reached in less than 24 hours, reflecting strong adoption.
https://t.co/Y6TFiwcGhl

[Bitcoin L2 Labs @BitcoinL2Labs]

For more information on sBTC withdrawal functionality and what's next, check out the blog post below👇

https://t.co/2FvRp2Svkf

[Bitcoin L2 Labs @BitcoinL2Labs]

sBTC withdrawal functionality is live starting today.

Users can now convert sBTC from the Stacks network to native BTC on the Bitcoin mainnet.

Here’s how it works and what to expect next for sBTC. ⬇️

[Bitcoin L2 Labs @BitcoinL2Labs]

With withdrawals now live, the next steps for the sBTC rollout are:

- Removing deposit caps to allow open BTC deposits
- Further decentralizing the protocol and optimizing UX

This next phase focuses on traction and reducing friction for secure, trust-minimized BTC use in DeFi.