Stacks Updates
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Stacks updates and announcements.
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Scaling and activating the Bitcoin economy is the mission of the Stacks ecosystem 🛠

💫 Give a shoutout to the best Stacks projects, builders, and community members

Vote for your favorite Stacks contributors in 2023 👉 https://buff.ly/3GDYkaj

📺 Moreover, don't miss the Space for the awards taking place tomorrow: https://buff.ly/3RCJjMa
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For the Nakamoto upgrade to proceed, we need your votes 🗳

🤔 But how familiar are you with the Nakamoto release?

Challenge your knowledge with this Quiz to ensure you're prepared to vote: https://buff.ly/3RnXe7D

Moreover, explore every aspect of the Nakamoto release with the guide linked below🔎

This resource will equip you for the voting process, providing a comprehensive overview of the upgrade 👉 https://buff.ly/47P1ELA
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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
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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
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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!
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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
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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
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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
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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
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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
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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
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Stacks is gaining awaereness and getting recognized as the leader Bitcoin L2.

What are the next step you would like to see from the ecosystem?
Anonymous Poll
27%
Double down on Bitcoin backed DeFi
11%
Improve tools for builders and developers
20%
Facilitate the bridging from other chains
43%
Focus on Stacks scalability and functionalities
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
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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
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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 💫
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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
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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
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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://bba.dev/8J6SqQ
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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
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Join tomorrow's Stacks Community SIP Space at 12 PM ET 📅

📢 AcrossFire.btc and Akva will go over the STX20 standard and the impact it has on Stacks

Explore in detail the realm of STX20 inscription and how they can evolve over time

https://twitter.com/i/spaces/1ypKdkemZrrxW
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