stBTC

stBTC serves as a 1:1 representation for BTC staked in Acre.

The stBTC token uses the ERC-4626 token standard to make vaults that handle rewards generation more efficient.

Token Standard

• ERC-4626 are composable in DeFi, meaning you can borrow against your stBTC or use it to provide liquidity and earn additional rewards.

How do stBTC holders receive rewards?

• stBTC is a "receipt" for the user's BTC stake in Acre vaults. The rewards accrued through Acre staking is redeemable with stBTC.