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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 164 Views

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

What obtained my consideration just lately is this entire trustless vault strategy some tasks are exploring, where the BTC actually never leaves the Bitcoin chain. No wrapped token, no bridge contract holding your BTC. It makes use of taproot spend circumstances so the vault logic lives natively on L1, and you get proof you'll be able to truly redeem without trusting some multisig of randoms.

It feels like the difference between belief me, bro yield and yield where the security model is Bitcoin's personal. Still 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 those newer non-custodial vault setups but? I'm curious if the withdrawal experience is definitely as clean as advertised or if there's some catch I'm not seeing.

submitted by /u/Master-Sprinkles-848
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