Xverse Partners with Acre for Native Bitcoin Staking Experience | Chainwire
In a groundbreaking move, Xverse, the top Web3 wallet, has joined forces with Acre to introduce a unique Bitcoin-in, Bitcoin-out staking feature. This strategic partnership allows users to earn BTC-based rewards, paving the way for a new era of Bitcoin innovation.
By leveraging this collaboration, Xverse users can seamlessly stake their BTC in Acre directly from the Bitcoin mainnet using their existing Xverse wallet. Acre’s on-chain staking platform simplifies participation in the Bitcoin economy with its user-friendly ‘one click’ access to Bitcoin rewards.
Ken Liao, CEO of Xverse, expressed his excitement about the partnership, highlighting the significant market opportunity it presents. Through this collaboration, Xverse users can maximize their Bitcoin holdings by earning rewards while retaining full control over their assets.
Acre, the latest addition to Thesis.co, a renowned Bitcoin venture studio, is revolutionizing the BitcoinFi landscape by offering a transparent way for HODLers to earn rewards on their BTC. This partnership empowers Xverse users to unlock the potential of their idle Bitcoin holdings and earn rewards on both Mezo and Acre through Acre’s native BTC staking platform.
Acre, founded by the team behind the decentralized Bitcoin bridge (tBTC), collaborates with various protocols in the emerging Bitcoin L2 market to drive rewards. By teaming up with Xverse, Acre aims to make “stacking sats” more accessible to both experienced Bitcoiners and newcomers.
Brian, Co-Founder of Acre, shared his enthusiasm for the partnership, emphasizing the innovative nature of this collaboration and Acre’s mainnet launch. Xverse users can now harness the power of their Bitcoin through the Acre staking app, gaining access to the exciting world of Bitcoin L2s.
In conclusion, the partnership between Xverse and Acre introduces a new era of Bitcoin staking opportunities, providing users with a seamless way to earn rewards on their BTC holdings. This collaboration not only simplifies participation in the Bitcoin economy but also unlocks the potential for users to maximize their Bitcoin earnings. By leveraging Acre’s native BTC staking platform, Xverse users can embark on a journey towards financial growth and innovation in the cryptocurrency space.