Stacks Updates

sBTC opens doors to Bitcoin-backed apps, but other perks can also be integrated: • sBTC as gas for a smoother experience for BTC holders • Simplify BTC to sBTC peg-in via OP_DROP mechanics 📅Join the AMA this Friday to explore these features in detail: https://twitter.com/i/spaces/1BRKjPOOpLNJw

Two prominent Web3 investment firms have recently dropped their analysis on Stacks and Bitcoin Layer 2 solutions. Here's a glimpse into their key insights: 🔍 Strong Bitcoin Blockspace Demand: The surge in demand, especially fueled by Ordinals and BRC-20, proves a robust appeal of Bitcoin's blockspace 🌐 Reinforced Global Asset Status of BTC: Bitcoin's ongoing strengthening of its brand and the potential incoming Bitcoin ETF further solidify its position as a global asset ⚡️Growing Demand for Active BTC Use: The increasing demand for actively using BTC to enhance its utility is a clear indicator of the evolving landscape These milestones and narratives are confirming the need for Bitcoin L2s, such as Stacks, to explore more complex BTC applications. Moreover, the upcoming Nakamoto and sBTC upgrades are poised to unleash a wave of innovation and possibilities for DeFi and Web3 apps in the Bitcoin ecosystem. Read the investment firm thesis here: • North Rock Capital LLC - https://medium.com/@halp1120/stx-thesis-update-cd09b7f2cce8 • Portal Ventures - https://portal.vc/bitcoin

Exciting to witness the increasing adoption of sBTC, paving the way for a thriving Bitcoin economy! 🚀 Over 150 users have tried out the Hermetica Finance application integrating sBTC! Moreover, great work from Bitflow Finance DEX on integrating sBTC swaps on testnet The community input is crucial in refining the user experience for sBTC and get one step closer to activating Bitcoin-backed DeFi via sBTC BTC holders will finally be able to productively use their holding in many different ways 🟧

The Nakamoto and sBTC upgrades will happen only if the community votes on moving forward with the SIP To facilitate informed voting, educational resources, and crucial discussions have been prepared Learn more about voting and access resources below👇 https://buff.ly/3N6G6Sx

The Stacks token emissions is a key factor for miner participation and network growth In fact, token emissions will also influence the overall impact of sBTC Join the AMA this Friday at 12pm ET to discuss the necessity of changing emission schedule: https://twitter.com/i/spaces/1ypKdkayXRrxW/ Moreover, read the latest reports and recommendation on STX emissions here: https://forum.stacks.org/t/stacks-halving-schedule-reports-and-recommendations/15774

Every Stacks builder is focused on developing its own product and service ⛏ But shaping the narrative and spreading your message is key to a successful app 📣 📝 Join the Bitcoin writers cohort to learn how to get amplified by the community and connect with builders Register now as the first cohort will be starting December 7th: https://bitcoinbuildersassociation.com/writers

The XLink bridge will connect the Bitcoin ecosystem to other EVM chains 🌉 ALEX Labs work will help create new opportunities to develop innovative use cases Activating the Bitcoin economy also means increasing its interoperability with the overall Web3 world

The Hiro Hacks is a great initiative to start building Web3 on Bitcoin 🛠 Weekly coding challenges with BTC prizes will start from December 1st The 10 best weekly project submissions will earn 300K sats each! 🤯 Register now to Hiro Hacks: https://www.hiro.so/hacks

Bitcoin is the most-known cryptocurrency worldwide 🟧 So many own BTC but can't do much with it As L2s unlock Bitcoin DeFi and NFTs, they will benefit from the Bitcoin network effects Solving pain points for BTC holders is a huge market opportunity 😉

Why builders are choosing Bitcoin? • It's the most-known brand in Web3 • It's the most liquid cryptocurrency • It's secure and robust And with Bitcoin L2s coming up, it unlocks a new world of possibilities Building on Bitcoin is becoming fun again

Liquidity for stacked tokens is coming soon! The StackingDAO protocol will help users enjoy stacking their STX tokens while accessing DeFi and Web3 apps There will be no more the need to choose between stacking or having available liquidity, offering an improved UX for the ecosystem Exciting innovations for Stacks and Bitcoin keep rolling in

Just a few more days before the sBTC contest ends Make sure to post an educational post about sBTC on Twitter and include the hashtag #sBTC to participate in the giveaway The selected winners can win up to 500 STX for their content 🏆 💭 We're excited to hear your thoughts on sBTC!

Bitcoin L2s infrastructure keeps maturing Now it's time to bring new apps into the ecosystem 🧪 Need a hand learning about Bitcoin L2 development? Explore the Clarity Camp and Bitcoin Primer courses to unlock the skills needed to build on Stacks📚 • Clarity Camp: https://clarity-lang.org/universe • Bitcoin Primer: https://start.bitcoinprimer.dev

Catch the final sBTC and Nakamoto educational series session! Join tomorrow's AMA on "Developing for Nakamoto" at 12:00 PM ET 🎙📅 It's an opportunity to discover the benefits and unlocks of the Nakamoto upgrade https://events.stacks.co/event/wS15955379

We all know sBTC will activate the Bitcoin economy by enabling Bitcoin-backed apps while leveraging the Mainnet security Now is your moment to shine! Share your ideas and expectations for sBTC to enter our exclusive giveaway: • Share an educational post about sBTC on Twitter • Include the hashtag #sBTC in your post It’s your chance to win exciting prizes: 1x 500 STX, 2x 150 STX & 2x 50 STX You have one week to participate before we select the winners!