Stacks Updates
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Stacks updates and announcements.
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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.
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.
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.
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 tomorrow at 6 PM CEST!

https://x.com/i/spaces/1BdGYrQlOrYJX
Stacks DeFi ecosystem is growing fast with new dApps launched in the last few months and new users joining the network

But which DeFi vertical intrigues you the most?
Anonymous Poll
28%
Lending and Borrowing (E.g. Zest)
25%
DEXs (E.g Velar, Bitflow)
38%
Liquid Stacking (E.g Stacking DAO, LISA)
1%
Vaults (E.g Hermetica)
8%
Stablecoins (E.g Arkadiko, Hermetica9
Want to learn about building on Bitcoin via Stacks?πŸ—

Then make sure to participate in the EasyA hackathon at the University of Texas-Austin.πŸ§‘β€πŸ’»

πŸ“… The event will occur this Thursday, 23rd May, at 6:30 PM.

Register now:
https://www.eventbrite.co.uk/e/consensus-warm-up-bitcoin-workshop-with-stacks-at-ut-austin-tickets-909080603557?aff=oddtdtcreator
Applications for the new set of quarterly Critical Bounties are open.

The emphasis topics are:

β€’ DevEx & Testing
β€’ Network Participants
β€’ Other Topics (e.g research and development of ideas advancing Bitcoin layers)

You only have until June 7th to apply! πŸ‘‡

Apply now for the chance to complete a Critical Bounty:
https://buff.ly/4aqHAj9
Stacks Nakamoto meetups have been taking place all over the world.

Congrats to the Stacks Latam, Stacks Lagos and TH BUIDL groups for educating communities on Stacks and Bitcoin scaling.

These events are the first step in increasing ecosystem awareness and onboarding new builders.
SIPs are a key aspect of Stacks' development, and weekly SIP AMAs are a great way to stay updated.

In this week's episode, expect a general update, a Q&A session, and brainstorming on proposals. πŸ€”

Make sure to tune in this Friday at 6 PM CEST. πŸ“…

https://twitter.com/i/spaces/1mrGmyQPomwGy
Grayscale launches new Trust for Bitcoin L2 Stacks.

According to Grayscale’s Head of Product, the STX Trust offers access to a growing part of the Web3 ecosystem.

As Stacks get closer to unlocking Bitcoin liquidity, the interest from institutions will increase.

Read the whole article here:
https://buff.ly/3URdTC1
A new Building on Bitcoin virtual event is taking place on June 13. πŸ“…

Hear from Stacks builders about their work and the next steps to scale the Bitcoin ecosystem.

⏳Don't miss the opportunity and subscribe now:
https://lu.ma/tk4yemj9
πŸ“’ Apply now for the latest quarterly Critical Bounties!

🎯 The main focus areas are tools improving the experience for:

β€’ Stacks Core and Clarity developers
β€’ Miners, Stackers, and Signers

Deadline: June 7th! πŸ—“

Don't miss out! πŸ‘‡πŸ‘‡

https://stacks.org/critical-bounties-q2-2024
As per LunarCrush, social metrics related to Stacks have experienced rapid growth over the past 6 months:

β€’ Social sentiment 96% positive
β€’ 6.6x in social interactions
β€’ 12x in social posts

These sentiment indicators showcase the increased interest in Stacks ecosystem.
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Security of the Stacks L2 has always been the number one priority.πŸ₯‡

Will Corcoran and working group members explained implemented testing and hardening strategies. πŸ”

Check the previous episode focused on the 2.5 readiness checklist and PoX4 testing.πŸ‘‡

https://youtu.be/YNghF3QSBD4
Don't miss out on this Friday SIP call at 6 PM CEST. πŸ“…

ZeroAuthority will be sharing new ideas around reputation management that may lead to SIP standards.

If interested in POAPs, reputation, or non-transferrable NFTs, this is the space for you. πŸ–Ό

https://twitter.com/i/spaces/1LyxBndvPzMxN
New Critical Bounties from the Stacks Foundation are live. πŸ₯³

The Bounties will fund infrastructure, tools, research, and initiatives to accelerate Stacks development.

πŸ“…Applications remain open only until June 7th.

Apply now here πŸ‘‡
https://stacks.org/critical-bounties#browsecbs
A new all-time high transaction volume of over 900M+ STX was reached on Stacks! πŸ“ˆ

Once again, Signal21 metrics highlight the increasing interest and adoption of Stacks.

With more builders and users joining the ecosystem, these metrics are poised for further growth.πŸ’ͺ
Discover insights about @Stacks from teams behind DeFi protocols, wallet providers, and more? 🀩

πŸ“…Join the next Building on Bitcoin virtual event on June 13.

Don't miss what's next for Stacks growth and dApps:

https://lu.ma/tk4yemj9
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Hundreds joined the EasyA hackathon at Consensus2024, organized by CoinDesk

Various teams started building new Stacks apps like:

β€’ Clarity static analysis tool
β€’ Crowdfunding protocol
β€’ Tokenization platform

Exciting to see more devs exploring Stacks!