what's Acre?
Acre is a Bitcoin-native protocol designed to enable users to earn yield on their BTC holdings through onchain, auto-compounding mechanisms. Users deposit BTC directly from their Bitcoin wallets and receive stBTC, a liquid token representing their deposited BTC. This BTC is then deployed to Bitcoin scaling layers that utilize BTC as a proof-of-stake asset, generating passive rewards for stBTC holders without requiring chain switches or centralized custodians. The protocol emphasizes Bitcoin's core principles of decentralization, transparency, and self-sovereignty, providing a seamless "Bitcoin in, Bitcoin out" experience. Acre facilitates economic security for decentralized networks by integrating BTC into DeFi opportunities, allowing long-term holders to compound their sats securely while maintaining full control over their assets.
Acre's recent token airdrop delivered minimal "dust" value to farming program participants.
Links
x.com/acrebtcDistributed a token airdrop that delivered minimal value (described as "dust") to participants in its farming program.
The TaskOn quest campaign with Ammalgam concludes with 6 winners receiving 1000 TaskOn points and DeFi Explorer Discord roles.
Partners with TaskOn for a quest campaign that includes learning about Ammalgam and Acre dApps and completing on-chain actions on Ammalgam beta.
The 14% Bitcoin yield generation uses Ethereum DeFi infrastructure, with the first vault designed with guardrails and scaling plans.
Offers 14% APY on BTC deposits via Xverse wallet integration, with an active points rewards program.