BSD integrates Dual Stacking feature, allowing sBTC collateral in the vault to earn a 5% annual yield simultaneously
The Bitcoin-based stablecoin protocol BSD has officially launched the Dual Stacking feature. Users locking sBTC collateral in the BSD treasury can now earn a 5% annual yield on sBTC.This means that the same collateral can serve two roles simultaneously: securing the user's credit line and earning Bitcoin yield. The treasury will start earning yields in the next Stacking cycle (around December 3), with the first batch of earnings expected to be distributed around December 17.The BSD team stated that the minimum annual borrowing rate for the protocol is currently 0%. The borrowing cost for some treasuries is about 0.1%, and after earning a 5% yield on collateral, the user's net borrowing cost can be reduced to -4.9%, effectively allowing users to be compensated for borrowing funds.Dual Stacking is the latest liquidity incentive mechanism introduced by the Stacks protocol, and the BSD protocol is still in the private testnet phase.
