Stacks Updates

There are many SIP ideas under development which are worth exploring and learn more about. Make sure to join the weekly AMA for a Q&A, feedback, and continued discussion on SIP ideas: Tune in this Saturday at 6 AM CEST! https://x.com/i/spaces/1BdGYrQlOrYJX

sBTC is going to activate the Bitcoin economy. Builders will be able to build Bitcoin-backed DeFi, NFTs, and more. Unlocking BTC as a fully programmable asset will open the gates for a digital economy on top of Bitcoin.

A new wallet is integrating the Stacks network! Uphold wallet users will now get to hold and manage STX. By making the leading Bitcoin L2 more accessible, new users will get to access Bitcoin-backed apps.

Another Stacks DeFi project completed a raise. This time, Zest Protocol completed a $3.5M round led by Draper Associates. The Bitcoin ecosystem is heating up and capturing the interest of investors like Tim Draper & Binance Lab.

With Sensei Node joining as a Signer, Stacks becomes even more secure. The institutional grade staking provider with $1B+ in AUM is proud of strengthening the network. Moreover, Stacks users will benefit from the Signers network growth.

Stacks is becoming an increasingly interesting ecosystem for DeFi users. New apps like Bitflow Finance, Velar, and others have created new DeFi use cases, No wonder why active addresses in DeFi have greatly surpassed previous peaks.

What if Stacks apps could pass messages triggering on-chain or off-chain actions? 🤔 Join tomorrow's AMA at 12 PM to learn about the development of application notifications on Stacks. 📅 https://twitter.com/i/spaces/1zqKVqEQmVMxB/peek

What is happening in the Stacks ecosystem? • Hermetica introduces the first Bitcoin-backed, yield-bearing synthetic dollar • Axelar network is integrating Stacks enabling ecosystem users to bridge across 65 chains • Bitflow Finance opens up Rune AMM waitlist

The @Stacks Harvard hackathon resulted in 200+ participants and 24 projects launched. 🟧 The amazing work of @easya_app and @hirosystems is forming the next generation of Stacks Builders. Bitcoin L2s become more exciting when new talent and ideas come around.

Stacks DeFi interest and activity are rapidly growing. Signal21 on-chain data dashboards showcase this growth. DeFi TVL and transaction count have been rising since December. Great work by Stacks Builder that keeps making the ecosystem more interesting.

Building new Bitcoin-focused apps starts with training developers.🧑🏿‍💻 With the LearnWeb3 partnership, a coding degree for those interested in building on Bitcoin is live.🧑🏿‍🎓 Check the program if you want to be part of unlocking $1T in Bitcoin capital: https://learnweb3.io/degrees/stacks-developer-degree/

In the last few months, many DeFi protocols have been launched on Stacks. 🚀 But let's not forget long-standing company on Stacks like BlockSurvey. 🗳 They are now live on Product Hunt to get bring new attention to their service and Stacks. 🚨 If you want to support them, make sure to upvote and comment on their Product Hunt page.

Many @Stacks standard (non-consensus breaking) proposals are worth monitoring.💡 It's time to highlight the various ideas and discuss ways to improve the SIP process. 📅 Join tomorrow's SIP space at 12 PM EST for the standards overview. https://twitter.com/i/spaces/1ypJdkOkzaLGW

The (re)Stacking Day & Giveaway Week is here 🧡 With all the STX unlocked, it's the perfect opportunity to start Stacking. 🔓 There are many rewards for participants, from 5k STX to Ryder Wallets and more. 🎁 And it's easy for anyone to start Stacking thanks to community pools and Liquid Stacking protocols. Learn more on how to participate: https://stacks.org/restacking

With the Nakamoto upgrade, Stacking plays an important role in securing the network. Signers will validate and approve each block produced. By onboarding the leading enterprise node operators, Stacks will be more decentralized and secure.

The Nakamoto and sBTC will have massive benefits for Stacks: • Seconds-fast transactions improving UX • Increased security with full Bitcoin finality • Unlock $1T Bitcoin economy with sBTC The moment for Bitcoin L2s to scale Bitcoin is here.

Stacks ecosystem first 4 months have been impressive: • The Nakamoto instantiation went live • Stacks DeFi TVL reached an all-time high • Many investors expressed excitement on Bitcoin L2s • Increased social activity according to Lunar Crush

The Stacks DeFi ecosystem is growing fast. • Hermetica Finance option vaults • Zest Protocol lending markets • Arkadiko Finance stablecoin borrowing • Stacking DAO & Lisa Liquid Stacking • Bitflow Finance, Velar & ALEX DEXs And more apps will be built.

The instantiation was just the first step of the Nakamoto release. The Nakamoto features, such as fast blocks and Bitcoin finality, will go live in the activation phase. After the Nakamoto upgrade is completed, sBTC will become the main focus.