Why does Stacks has a token? 💭

Kenny Rogers Developer Advocate of Stacks Open Internet Foundation breaks it down for us ⤵️

⭐ Help secure the network
⭐ Soon function as a signer for sBTC

"So if you look at Stacks' consensus mechanism Proof-of-transfer, you can think of it as one level up from Bitcoin's Proof-of-work" - Kenny Rogers 👨‍💻

Now, that you know why Stacks has a token. Learn how to stack $STX HERE 🪙

Discover how you can harness the power of an indexer on Stacks 📚

Our friends over at Indexer (formerly Byzantion) shared a few different ways you can utilize an NFT Indexer, also known as a blockchain indexer 👇

🌟 Tools for Artists
🌟 NFT Lending Protocols
🌟 NFT Galleries
🌟 Understanding the Whole Ecosystem

Read the full blog HERE

Check out Indexer's website to learn more!

Hear the thoughts of various industry leaders and amazing builders from the ecosystem on sBTC and why we are excited about the upcoming Stacks update! 🚀

"What sBTC allows is truly unlocking that ability to have a trustless Bitcoin economy built on Bitcoin Layers" -Jamil Dhanani, Founder of Gamma.io 💭


Learn more HERE 👈

ICYMI: Messari's report State of L1s Q1 2023📝

STX outperformed during Q1, driven by the popularity of Bitcoin Ordinals 🚀

Stacks led featured L1s in ⤵️
⭐ QoQ growth in market cap (340%)
⭐ Revenue (218%)
⭐ Network usage (~35%)
⭐ DeFi TVL (276%)
⭐ DEX volume (330%).

Read the full report HERE ☚

ICYDNK: What is sBTC? 🤔

House of Chimera published an infographic that gives you an overview of the basics 👇

✅ Decentralized Peg Mechanism
✅ Issued on Bitcoin Layers
✅ Promotes Productive Use of BTC
✅ Economic Incentives for Operation
✅ Trustless Writing to Bitcoin Blockchain

Learn more HERE 🔍

Hot off the press: OKX x Stacks x Xverse 🚀

You can now stack $STX and earn yield in $BTC right from the OKX Wallet 💱


ℹ️ OKX is an innovative cryptocurrency exchange with advanced financial services. We rely on blockchain technology to provide everything you need for wise trading and investment

Start your stacking journey today! 👇
Get started HERE

Upcoming: Stacks Q2 Town Hall 🏛️

Join us as we discuss the following:
⭐ sBTC Progress
⭐ Working group coordination
⭐ Blockchain core development
⭐ Testing and upgrades processes
⭐ Grants decentralization

Save the date 💾
🗓️ June 29
🕚 11 AM EST

Reserve your spot 🎟️

Stacks recently trended! 📈

As featured CoinMarketCap Trending Coins/Tokens! ✅

ℹ️ They are the world's most-referenced price-tracking website for cryptoassets in the rapidly growing cryptocurrency space

Join us in unleashing Bitcoin's full potential ☚

More about CoinMarketCap HERE ◀️

A new era on #Bitcoin 🚀

🔸 Ordinals
🔸 BRC-20
🔸 Bitcoin DeFi
🔸 BNS

Join us, and let's celebrate Bitcoin Summer by supporting the Bitcoin builders ⚒️

Deets 👇
🗓️ July 13
⏳ 10 AM EST

Register for the Building on Bitcoin virtual live event with speakers from the Stacks community 🎫

Save your spot today! 🚨

Unleashing Bitcoin's Full Potential 🚀

Houseofchimera published an infographic detailing how Stacks is working on this through ⤵️

🌟 Proof of Transfer (PoX)
🌟 Bitcoin NFTs
🌟 Bitcoin DeFi
🌟 No Fork Needed
🌟 Energy Efficient

More resources below 👇
Stacks 💜
sBTC 🧡

Happening soon: Bitcoin Builders Workshop 🚨

Kenny Rogers of Stacks Open Internet Foundation will host a dev workshop for you to do the following things with Clarity 👇

✅ Create Bitcoin Decentralized Finance
✅ Mint Bitcoin Secured NFTs by sending $BTC

ℹ️ In this workshop, you'll write a Clarity smart contract to read and verify a Bitcoin transaction, all on-chain. This will allow us to verify that a Bitcoin transaction actually occurred and was mined and extract data from that transaction

Save the deets ⤵️
🗓️ June 28
⌛ 11 AM EST

Check the event in Discord ⬅️

Co-founders of ALEX recently published - ALEX’s Exciting Journey with Bitcoin and the Path Forward 📖

Learn about their mission, key insights on the future growth around Ordinals, BRC20, and Bitcoin L2 (Stacks), and the roadmap of one of the top DeFi platforms in the ecosystem! 🔖

Read the full article HERE 📙

Trade, invest, and earn today with their platform ⬅️

Reminder: 🛖 Our Q2 Town Hall 🛖

We will discuss:
1) sBTC Progress
2) Working group coordination
3) Blockchain core development
4) Testing and upgrades processes
5) Grants decentralization

📆 June 29 - 11 AM EST
📲 Set a reminder

Did you know that sBTC allows Bitcoins to have a limitless use-case like any other ecosystem? 🚀

Peter Giammanco from Ordinal lending protocol Liquidium (Fungus Inc.) shares his view on the use cases for sBTC 💭

ℹ️ Liquidium is a groundbreaking solution for Ordinal lending on Bitcoin that leverages the power of Discreet Log Contracts (DLCs) and Partially Signed Bitcoin Transactions (PSBTs) by partnering with DeepLake.

Join us in unleashing Bitcoin's full potential and participate in the Bitcoin L2 pitch competition 🏆

Don't forget that Building on Bitcoin is happening soon! 🚨

Bitcoin development is booming. Ordinals alone have set off a wave of new experiments and use cases highlighting just the beginning of what’s possible with Bitcoin. 💡

sBTC Product Lead Andre Serrano shares his excitement around Ordinals 💬

He said "Ordinals have been a huge black swan for Bitcoin and for the entire industry" Adding that "People are starting to sort of reimagine the role of Bitcoin and what it can be used for in the future" ⚡

Join the movement and unleash Bitcoin's full potential 🚀

Register for free ◀️

WE HAVE ONE GOAL! 🏁

Together with the whole Bitcoin Builders Community, and with your help, we're going to achieve it! 🚀

Excited for the future and want to contribute? 🤝

Check out some resources below 👇
Stacks 💜
sBTC 📒
Hiro 📙

Did you know that with sBTC, Bitcoin's flywheel economy can be built for innovative and sustained growth with decentralized applications? 🌱

Onwards and upwards: Scaling The #Bitcoin Economy 🚀

Learn more 👇
https://stx.is/Find-sBTC

At Stacks, as House of Chimera mentioned, we're revolutionizing Bitcoin accessibility! ☄️

Check out the overview they created to learn how we're doing it 👇
🌟 Open Membership
🌟 Affordable Peg In/Ou
🌟 Censorship Resistance
🌟 Bitcoin Finality
🌟 No Trusted Parties
🌟 Incentive to Stackers

Learn more HERE ☚

Special thanks to House of Chimera 🤝

Scaling the Bitcoin economy with sBTC 📈

Zest Protocol's Co-Founder Tycho Onnasch explains the main use cases for Decentralized Finance 🍊

He shared that you could break down #DeFi into three pillars 👇
🪙 Yield
🪙 Collateral
🪙 Swapping

🚨 Tycho Onnasch is also one of the Judges for the upcoming Bitcoin L2 Pitch competition you can join! 🚨

Register HERE 🎫

Learn more about Zest Protocol 🔸

ICYMI: RocketX Exchange x Stacks 🚨

You are now able to seamlessly trade $STX, $BTC, and $ETH with their 1-click interface, making interchain connectivity effortless 🚀

ℹ️ RocketX is the most advanced hybrid aggregator that simplifies access to $100B+ liquidity across 300+ DEXs & 6 Top CEXs via a Single UI and API

Trade today 👈

The Future of Bitcoin Has Begun 🚀

We have six noteworthy Innovations and trends driving It forward ⤵️
🌟 Layer 2 solutions for payments
🌟 Layer 2 solutions for scalability
🌟 Ordinals
🌟 BRC-20
🌟 Real-world use cases for Bitcoin
🌟 Investors see the Bitcoin ROI

Read the full article HERE 📝