Acre partners with Xverse to launch Bitcoin staking on mainnet

[PRESS RELEASE – New York, United States, July 25th, 2024]

Xverse is the main Bitcoin Web3 pockets that has partnered with acre Gives native Bitcoin enter and Bitcoin output staking expertise. This partnership allows customers to earn Bitcoin-based rewards – marking a brand new class of Bitcoin innovation.

By this partnership, Xverse customers can now simply spend their BTC in Acre instantly from the Bitcoin mainnet by means of their present Xverse pockets. Acre’s totally on-chain staking expertise eliminates the complexity of collaborating within the Bitcoin financial system by enabling you to earn Bitcoin rewards by means of its “one-click” performance.

Xverse CEO Ken Liao expressed his enthusiasm: “We’re excited to associate with Acre to supply our customers with a seamless Bitcoin staking expertise. This partnership permits Xverse customers to earn rewards for his or her Bitcoin holdings whereas additionally Maintains full management of its property, thereby unlocking vital market alternatives.

Acre is the newest portfolio addition from Thesis.co, the 10-year-old Bitcoin enterprise studio, which continues BitcoinFi’s development in offering HODLers with a clear strategy to earn BTC rewards. This partnership allows Xverse customers to unlock the potential of their idle Bitcoin holdings and earn earnings on Mezo and Acre by means of Acre’s native BTC staking platform. This cooperation is split into two phases – the primary section is a “factors” expertise, permitting customers to enter the Bitcoin L2 reward financial system; the second section is native BTC staking with the launch of chosen Bitcoin L2 chains later this 12 months award.

Based by the group behind the decentralized Bitcoin Bridge (tBTC), Acre works with many protocols within the quickly rising Bitcoin L2 market class to drive rewards. Powered by property like tBTC, these protocols are constructing the following evolution of the Bitcoin financial system. By partnering with Xverse, Acre goals to broaden the accessibility of Stacked Satellites to satisfy the wants of each skilled Bitcoin lovers and newbies.

Acre co-founder Brian shared his pleasure concerning the partnership: “This partnership not solely marks thrilling innovation within the area, but in addition marks the launch of the Acre mainnet. Xverse customers can now staking by means of the Acre app Packages use their Bitcoins to enter the thrilling new world of Bitcoin L2.

About Akka

acre, a local Bitcoin staking platform has partnered with Xverse to launch mainnet. Acre is the newest challenge from Thesis, a enterprise studio constructing a model on Bitcoin. “Xverse customers can enter the thrilling new world of Bitcoin L2 by utilizing their Xverse pockets to place their Bitcoin to make use of by means of the Acre staking app,” stated Acre co-founder Brian Mahoney. Acre’s staking expertise simplifies participation within the Bitcoin financial system and permits you to get hold of BTC rewards with one click on.

For extra data, customers can go to Acre’s: Official website | Twitter(x) | Disharmonious