Stacks Updates

With the Nakamoto upgrade live, sBTC is just around the corner. 🚀 SIP-028, which outlines the criteria and selection process for sBTC Signers, will be open for voting from Oct 30 - Nov 11. Here’s what you need to know about the SIP and how you can vote. https://stacks.org/sip028-vote-overview

The Nakamoto Upgrade is Live! 🟧 We’ve just entered a new era for Bitcoin. The stage is set for sBTC, and we know wherever Satoshi is right now, they're proud of the builders bringing innovation back to Bitcoin. Bitcoin Finality & Fast Blocks. Check out the article to find out what's next. 👇

Asymmetric, a leading security firm protecting the industry's top protocols, is joining the Stacks network As one of the 30+ Signers, they'll help strengthen sBTC security and boost the network’s resilience.

This Friday, there will be two back-to-back SIP calls! 1) Join the SIP-028 interview with Andre Serrano hosted by DeOrganized at 10 AM ET about sBTC Signer Criteria. 2) Take part in the usual Stacks improvement call at 11 AM ET: https://twitter.com/i/spaces/1YpJklddMPAxj Want to learn more about SIP-028? Check it here: https://github.com/stacksgov/sips/pull/186

The EasyA Bitcoin Builders Hackathon is coming to Harvard University on November 9-10! 📅 This is your chance to start building on Bitcoin and tap into a $1T+ market with Stacks. Don't miss out—apply now! 🚀 https://bitcoinbuilders.io/hackathon

What are the latest developments on Stacks? • The Nakamoto upgrade will go live at Bitcoin block #867,867 (Oct 29/30) • HermeticaFi announced their $1.7M seed round to keep building USDh stablecoin • Thousands attended the Virtual Bitcoin developer event "BTC Bash"

Stacking not only secures the Stacks network but also earns you BTC yield. In Cycle 93, nearly 47 BTC were distributed to STX Stackers, marking a new all-time high for BTC rewards! Interested in learning more about Stacking? Check the link below. ⬇️ https://www.stacks.co/learn/stacking

September has been a significant month for Stacks, as highlighted by Signal21: • TVL in STX increased by ~6.5%, meaning new capital inflows into DeFi • Active users rose by 9.41% MoM • Contracts deployed surged by 74% MoM • NFT event transactions skyrocketed by 608%

Got suggestions for enhancing and innovating the Stacks ecosystem? 💡 Join us for the Stacks SIP Community call this Friday at 11 AM ET! 📅 Set your reminder and come share your thoughts in the AMA. ⬇️ https://twitter.com/i/spaces/1DXGydVQaqNKM

The leading Crypto Tax software CryptoTaxCalculator is now supporting the Stacks ecosystem. Users just need to add their public wallet address to directly import transactions. All their past activities are automatically tracked, simplifying tax calculations.

According to DeFiLlama, Stacks DeFi TVL went up 10x since last year. With sBTC on the way, it will unlock Bitcoin liquidity and yield for the Stacks ecosystem. A lot of room to grow for Stacks with $1Tn+ worth of Bitcoin still idle.

Are you active on Linkedin? 🔵 Make sure to follow Stacks account to keep up with the latest news and developments. Start by learning what Bitcoin DeFi builders are saying about sBTC's impact on the Bitcoin economy. 🔥

A lot is happening in the Stacks DeFi ecosystem: • Zest Protocol launched BTCz, a BTC staking derivative leveraging Babylon and Stacks • Bitflow is now integrated with Leather & Xverse offering rates across 37k+ trading routes DeFi on Stacks is growing fast.

Worldwide initiatives are taking place to onboard builders on Stacks.🌎 • Bitcoin virtual hackathon in Latin America with StacksLatam • EasyA workshop in Hong Kong • noCodeClarity module at the University of Greenwich Time to get more Bitcoin builders!

Join the Stacks SIP Community call this Friday at 12 PM ET! 📅 Bring your ideas for improvements and innovations on Stacks. It’s the perfect space to share and discuss. Set your reminder and get ready to dive in.👇 https://twitter.com/i/spaces/1yNGagAEQjDxj

What has been happening on Stacks? • Hermetica stablecoin USDh is live on Velar and Bitflow for liquidity provision and swaps • LearnWeb3 launched the October challenge focused on the Stacks developer degree • Successful hard fork of the Nakamoto Testnet last week

Ready for the EasyA Stacks hackathon at Harvard on November 9-10? Take the chance to learn how to build apps tapping into Bitcoin’s $1T market. What to expect? • $25k in prizes • Live panels with Bitcoin experts • Mentors from leading Web3 companies Register now for the Hackathon: https://bitcoinbuilders.io/hackathon

The Nakamoto upgrade and sBTC will be huge unlocks for Stacks growth. They will enable: • Fast blocks improving transactions and DeFi UX • 100% Bitcoin finality improving chain security • Unlock BTC liquidity into DeFi protocols

Join the Stacks SIP Community Innovation call tomorrow at 12 PM ET! Get the latest updates and insights on the evolving SIP landscape. Stay ahead of what's next for Stacks! 🔥 Set your reminder below 👇 https://twitter.com/i/spaces/1YqKDkDrlwDxV

On-chain data from Signal21 shows the growing adoption of Stacks: • Cumulative wallets on Stacks went up by ~100% in 2024 • Monthly DeFi users have grown from a few hundred to thousands • Monthly DeFi transactions have surged from a few thousand to 60k consistently