Stacks Updates

Interest in the Bitcoin ecosystem, protocols, and L2s is growing rapidly 📈 📅 Join the Building on Bitcoin virtual event on February 14 Gain insights from community leaders and builders discussing Bitcoin evolution beyond a store of value 🎙 Secure a spot now: https://bba.dev/BUV

The countdown begins with the Bitcoin halving, sBTC release and Nakamoto upgrade on the horizon 🟧 It's time for the Bitcoin community to get more involved and active 🏃 For this reason, get ready for new giveaways, engaging content and events Read more here: https://buff.ly/3veDDPB

The Stacks ecosystem TVL has been surging in the last few months The launch of StackingDAO and Bitflow Finance are the latest contributors to this growth With many other DeFi protocols to go live soon, the ecosystem is poised to thrive

The impact a single year can have is astonishing Ordinals reshaped the Bitcoin narrative, bringing back the builder ethos With the L2s progress, 2024 is set to lead toward the rise of new Bitcoin use cases It's time to bring new users and builders to Bitcoin

2024 is the year to scale the Bitcoin economy through the help of L2s 🟧 From the Nakamoto upgrade and sBTC to new Bitcoin-focused DeFi and Web3 apps This year is the opportunity for the Stacks ecosystem to keep growing and unlock the Bitcoin economy 💫

Congrats to Bitflow Finance for launching on Stacks mainnet This is a great step forward for Bitcoin DeFi as it enables: • Bitcoin swaps • stSTX/STX pools • Trading stablecoins • Earn real yield (even BTC) The DeFi ecosystem on Stacks and Bitcoin keeps growing

The Stacks Nakamoto testnet is now live! With this release, 5-second blocks are implemented, brining us one step closer to the mainnet Nakamoto upgrade Another good news for developers: Clarity WASM also went live, making Clarity contracts much faster For more technical details, make sure to follow Stacks Github: https://twitter.com/StacksOrg/status/1740406812908589524

The Stacks Nakamoto testnet is now live! With this release, 5-second blocks are implemented, bringing us one step closer to the mainnet Nakamoto upgrade Moreover, the WASM work, which makes Clarity contracts much faster, also went live.

Building on Bitcoin has been viewed as a contrarian approach So why Stacks ecosystem is doing it? Because with Bitcoin, the value is already there It's just about finding the optimal way to unlock it and create new use cases

Stacks is enabling Bitcoin-backed DeFi Using BTC in lending, derivative, and DEX protocols will be possible thanks to sBTC DeFi will only make the Bitcoin ecosystem more valuable It's time to keep experimenting with new use cases

L2s are a natural progression of the Bitcoin evolution Bitcoin narrative has revolved around digital gold But it can also become a network powering Web3 apps In fact, L2s open the door for BTC to play a productive role in DeFi and various apps

Curious about the SIP process and get an ecosystem overview? Then don't miss tomorrow's Stacks Community SIP Space at 12 PM ET Dive deeper into Stacks and seize the opportunity to understand the ecosystem better https://x.com/i/spaces/1OwGWYmrzqmxQ

Stacks is slowly getting recognized as the leading Bitcoin L2 • The Messari thesis for 2024 report has a section on Stacks and BRC-20 • Tim Draper said he is pretty excited about Stacks on a CoinBureau interview with Raoul Pal • Coinbase 2024 market outlook mentioned Stacks among the progress made to scale Bitcoin Lot to be excited about as Stacks ecosystem keeps maturing and bringing new users to Bitcoin

Bitcoin L2s are becoming the consensus approach to scale BTC 🟧 The next step is building a thriving Web3 app ecosystem on L2s 🏗 This will create incentives for holders to use their BTC and activate the Bitcoin economy

Today, Liquid Stacking went live. Thanks to StackingDAO, you can now have liquidity while earning on your STX holdings Moreover, congrats to initiatives like STX20 for pushing innovation and bringing more members to the Bitcoin ecosystem Stacks keeps growing!

Bitcoin mempool is clogged again, highlighting the need for L2 solutions Now, the challenge is delivering L2s that truly activate the Bitcoin economy 🔄 Stacks, with sBTC and Nakamoto upgrades, can become the go-to spot for Bitcoin-backed DeFi and Web3 apps 🏗

The Hiro Hacks coding series is ongoing, and the final challenge from Hiro drops today Ready to showcase your skills? Top submissions will earn BTC prizes If you are a dev, don't miss out on this chance to level up your Bitcoin layers expertise Learn more here: https://docs.hiro.so/hacks

Big shoutout to StackingDAO on completing its audit The imminent protocol launch is set to unleash $400 million worth of Stacking in the Stacks DeFi world The Stacks ecosystem is always introducing cool new apps, and more will be built