sBTC Bridge
sBTC is a SIP-010 fungible token on the Stacks blockchain that can be used in DeFi protocols, NFT marketplaces, DAOs, governance, and several other use-cases. The sBTC Bridge is a two-way mechanism that allows users to wrap and unwrap BTC as sBTC.
The sBTC Bridge is one component to sBTC operations. The full specification of the sBTC protocol is SIP-021 and see also the Master sBTC Design document, which is more up-to-date than the SIP.
The sBTC Bridge supports the following basic features;
Deposit bitcoin into sBTC tokens on the Stacks network
Withdraw your sBTC tokens back to bitcoin
Transaction tracking
Delivery of the sBTC project as a whole has three stages;
Stage 1 - Alpha sBTC
Stage 2 - Mini sBTC
Stage 3 - Nakamoto sBTC - SIP-021
The Bridge API is an open API that digests Stacks and Bitcoin Blockchain sBTC related data and serves it over a stateless rest API.
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