Staking bitcoin and minting things sounds like some Stacks/Ordinal type stuff. Someone please correct me if Iām wrong.
Discussion
I ended up putting it in the same catagory as the liquid sidechain in my brain. Seems to work in a similer fashion. but again my understanding on both is rudimentary and I don't really like side chains that involve staking + token genaration.
Deep dive on the topic from just a few days ago here.