{
  "about": "scBTC is the bitcoin token of Rings on Sonic, minted one for one against deposits of wrapped bitcoin that the protocol deploys into vault strategies. It is a claim on those deposits, several custody layers removed from bitcoin itself, with the yield paid to stakers rather than reflected in the token's rate.",
  "category": "crypto",
  "display_name": "Rings Sonic BTC",
  "external": {
    "coingecko": "rings-scbtc"
  },
  "icon": "https://catalogue.tribulnation.com/icons/asset/rings-scbtc.svg",
  "id": "rings-scbtc",
  "pegged_to": {
    "asset": "bitcoin"
  },
  "symbol": "scBTC",
  "tags": [
    "DeFi",
    "Wrapped",
    "BTCfi"
  ],
  "urls": {
    "Website": "https://www.rings.money/"
  }
}