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Anyone else still sitting on staked BTC wondering if there's a better way to do this

Binance

Cryptocoins Exchanges / Binance 349 Views

I've been fascinated by this quite a bit recently. I've had BTC parked in numerous staking setups for a while now, and it all the time bugged me that the one approach to truly earn yield on it meant wrapping it or bridging it somewhere, which. Yes. We all know how that story tends to go when the bridge gets hit.

What acquired my attention just lately is this entire trustless vault strategy some tasks are exploring, where the BTC literally by no means leaves the Bitcoin chain. No wrapped token, no bridge contract holding your BTC. It uses taproot spend circumstances so the vault logic lives natively on L1, and also you get proof you'll be able to truly redeem with out trusting some multisig of randoms.

It feels just like the distinction between belief me, bro yield and yield the place the safety model is Bitcoin's own. Nonetheless early days on stuff like this, a number of it's testnet solely from what I've seen, but when it holds up, it'd truly change how individuals think about putting BTC to work as an alternative of simply letting it sit chilly. Has anybody right here tried any of these newer non-custodial vault setups but? I'm curious if the withdrawal experience is definitely as clean as marketed or if there's some catch I'm not seeing.

submitted by /u/Master-Sprinkles-848
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