Stacks Updates
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Stacks updates and announcements.
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What’s happening on Stacks lately?

- Zest is closing in on $100M TVL and $10M in borrowing

- Stacking DAO is approaching the 100M STX in deposits milestone

- $360M+ traded on Bitflow, now building HODLMM, a concentrated liquidity engine

- Granite points program is coming soon
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The BD team has consistently secured tier-1 integrations in recent months.

From Nansen and Mozo to Wormhole and Axelar, each one pushes the ecosystem forward.

With the new endowment coming to life, this momentum is only set to accelerate further.
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After SIP-031 passed, contributors began forming Stacks Labs to activate the Endowment and support core ecosystem functions.

Various activities have been undertaken to further accelerate this process.

Here are a few highlights worth noting. 🧡 ⬇️

https://x.com/StacksOrg/status/1961443765815816519
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Wherever the major Bitcoin and crypto events are, Stacks will show up to onboard more people into the ecosystem.

From Bitcoin Asia and Token2049 Singapore to Bitcoin Builders: Buenos Aires and Bitcoin Amsterdam, and more.

Check the major Bitcoin events where Stacks will be present this year:

https://stacks.org/stacks-bitcoin-global-events
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The next phase for Stacks is all about accelerating growth and adoption:

- $100K DeGrants Cohort announced
- SIP-031 Interim Grants rolling out
- Builder Program Expedition 31 revealed
- Work for a fully operational Endowment completed
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With the Growth Endowment being activated, it’s crucial that all resources reach builders quickly.

The new Interim Grants program is a bridge to the full Grants program, designed to meet different needs now.

This is a great step toward accelerating Stacks development together.

Learn more and apply for grants here:

https://stacks.org/sip-31-interim-grants
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Thanks to the work across the Stacks entities, another step for BTC adoption is coming.

On Sept 16:
- sBTC caps removed
- Minimum deposit lowered to 0.001 BTC

With inflows & outflows no longer capped, this marks an important moment for expanding sBTC adoption.

Read about the sBTC cap removal here:
https://x.com/BitcoinL2Labs/status/1965482613298323765
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Ever wanted to join a Bitcoin-focused hacker house?

The Expedition 31 initiative is how you do it. Learn Stacks development, join hackathons and events, meet new people, and more.

Devs who show commitment and impact will make their way into the hacker house.

To be eligible, register for Expedition 31 here: https://stacks.org/ascent/31
There’s never been a better time to start building Bitcoin apps on Stacks:

- $100K DeGrants cohort kicking off
- Interim Grants in place until the full Grants program launches
- Expedition 31 with new workshops, challenges, and hackathons
- sBTC cap removal goes live Sep 16
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The ecosystem is pushing for even closer alignment with Bitcoin:

β€’ sBTC cap removal goes live tomorrow, letting anyone freely deposit BTC

β€’ SIP proposal to bring Bitcoin addresses to Stacks for a Bitcoin-like UX

β€’ Dual Stacking to allow earning yield by stacking BTC
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There is officially no more cap on sBTC deposits.

Now anyone can bring any amount of BTC onto Stacks through sBTC.

From lending to LPing and more to come, BTC holders can use their capital productively across the ecosystem.

Stacks is unlocking the Bitcoin economy for everyone.
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Over $100K is allocated for DeGrant Cohort 3.

Stacks builders now have the chance to secure funding and support to build their protocols.

With multiple tracks open, this cohort will fuel growth across key verticals and help the next wave of projects thrive on Stacks.

Apply for DeGrants Cohort 3 here: https://degrants.xyz/cohort3/giveaway
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A great achievement by the BD team with Gate now officially listing sBTC.

A tier-1 exchange is giving 30M+ users worldwide the chance to put their BTC to work on Stacks.

This listing signals growing Bitcoin DeFi adoption, with Stacks leading the way.
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The Stacks Vibecoding hackathon has kicked off with hundreds of builders registered.

It's now time to ship new interesting Stacks apps by leveraging AI tools.

Bitcoin developers can practice their AI skills and compete for a $25K prize pool.

Register for the hackathon and submit your project here:
https://dorahacks.io/hackathon/stacks-vibe-coding/detail
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A packed booth for Stacks at Token 2049 in Singapore.

The BD team is making some great connections to further strengthen the leading Bitcoin L2.

Great chance to meet the Stacks folks, learn more about the ecosystem, and discuss the future of the Bitcoin economy.
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Token2049 went full orange!

Stacks’ largest institutional event showed the growing institutional interest in turning Bitcoin into a productive asset.
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Institutions, treasuries, and BTC holders are all looking to earn yield on their BTC.

There’s never been a better time to lead in the Bitcoin L2 and BTC economy space.

The Stacks roadmap is designed to attract more Bitcoin liquidity and unlock new ecosystem use cases.
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We’re excited to have funded great initiatives through the Interim Grants program.

From helping projects like DeOrganized Media and BoostX scale, to supporting new ones such as VoltFi.

Backing great Stacks builders is the best way to create lasting impact in the ecosystem.
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What’s happening on Stacks lately?

β€’ Dexscreener now supports SIP-010 tokens, expanding ecosystem visibility to a massive user base

β€’ Stacking DAO reached the 100M STX in TVL milestone

β€’ Prediction Markets and other Interim Grants initiatives are coming to Stacks
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Stacks is the ecosystem where Bitcoin innovation is taking place:

- sBTCMarket, the Bitcoin native prediction market is live on testnet

- aibtcdev developing new Bitcoin x AI agents and DAOs use cases

- DeFi trading bot is in development to easily trade and interact with apps
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