Stacks Network Offers 90-Day BTC Rewards Program for Borrowing USDCx
Stacks Network is launching a 90-day incentive program to encourage users to borrow USDCx and provide liquidity on its Bitcoin-native DeFi platform. The initiative, which begins around September 10, 2026, will reward participants with a total of 3 BTC distributed over three months.
The rewards will be paid out monthly in the form of 1 BTC each, and users can take advantage of this program by using sBTC or STX as collateral to borrow USDCx or adding liquidity to USDCx trading pairs. This approach aims to avoid sell pressure on native tokens and leverage USDCx, a stablecoin backed by USDC and built on Circle's infrastructure within the Bitcoin layer 2 environment.
This program is designed to deepen user engagement and incentivize participation in the DeFi ecosystem. By paying rewards in Bitcoin, Stacks Network aims to create a more stable and liquid market for its users.