Stacks Updates
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Stacks updates and announcements.
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๐Ÿšจ Grants Program Funding the Future of Building on Bitcoin - Moving to Critical Bounties
sBTC and The Nakamoto release will unlock the full potential of Bitcoin with Stacks.

The Stacks Foundation's Grants Program introduced Critical Bounties to allocate resources to the efforts needed to make this happen.

Critical bounties are request for proposals (RFPs) that specify a critical need for the network. Make sure to check out the Critical Bounties and see if you're eligible for one of them. Here ๐Ÿ‘ˆ

Read more about the Critical Bounties ๐Ÿ‘ˆ

2022 for the Grants Program (Q4 2021 to Q4 2022)
โญ๏ธ $12.5 million in applications received across 285 applications
โญ๏ธ $4 million in grants awarded across 125 grants ($32k per)
โญ๏ธ MultiSafe, Stacks Degens, Trajan, Droplinked, Alexandria Indexer, Clariform, Liquidium, EcosystemDAO, BitFlow, Web3 Startup Lab, Stacks Labs

๐Ÿง‘โ€๐Ÿ’ป Learn to code Bitcoin secured smart contracts on Stacks for free
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๐Ÿ“ฃ How Bitcoin Ordinals Can Affect the Next Bitcoin Halving

The next Bitcoin โ€œhalveningโ€ will be unique because it will be the first to occur alongside the existence of Bitcoin Ordinals ๐Ÿš€

โ„น๏ธ The halvening occurs when the amount of Bitcoins entering circulation every ten minutes is cut in half, as well as block rewards for miners.

โ„น๏ธ Bitcoin Ordinal theory refers to a protocol that allows each individual satoshi โ€“ the smallest unit of bitcoin โ€“ to be identified and tracked according to the order in which it was mined.

By their inherent nature and thanks to their increasing popularity helping to drive transaction fees higher, Bitcoin Ordinal inscriptions are a godsend for Bitcoin miners who may be apprehensive of the next โ€œhalvening.โ€

Read the full article here ๐Ÿ‘ˆ

Here's a quick guide on Bitcoin Ordinals ๐Ÿ‘ˆ
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๐Ÿšจ Check out the recent newsletter of alexGo.btc ๐Ÿšจ

โญOrdinal Giveaway
โญIncentived Testnet
โญsUSD

The newly announced ALEX Bridge Incentivized Testnet boosted their socials by almost 35% โ˜๏ธ

They also secured a $2.5M in a strategic investment round ๐Ÿš€

ALEX is definitely excited for the future, especially when trillions in tokenized real-world assets look to transact trustlessly; they will come to the security of Bitcoin DeFi! ๐Ÿ”

Check the full newsletter ๐Ÿ‘ˆ
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Have you read the recent sBTC Newsletterโ‰๏ธ

The sBTC working group has been thinking a lot about use cases and user experience ๐Ÿ’ป

With their goal in mind of providing a world-class user experience for Bitcoin DeFi, they have a few plans to achieve that ๐Ÿ‘‡

๐ŸŒŸDeep wallet integrations
๐ŸŒŸEasy on-ramps
๐ŸŒŸSimplified user interface
๐ŸŒŸIntuitive design

They also gave an engineering and go-to-market updates along with a general advise around the ecosystem ๐ŸŒ

Read the full newsletter HERE โฌ…๏ธ

If you haven't yet, make sure to subscribe โœ… So you'll never miss an update!
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ICYMI: Unlocking a Trustless Bitcoin Economy โ€“ The Roadmap for sBTC ๐Ÿ”“

Key Takeaways โฌ
๐ŸŒŸ sBTC will improve the functionality and accessibility of Bitcoin DeFi.
๐ŸŒŸ It will significantly upgrade the experience for users and developers and has the potential to unlock $450B+ in capital.
๐ŸŒŸ Bitcoin is the perfect settlement layer for the digital economy.

๐Ÿšจ The Bottom Line: Bitcoin is No Longer โ€œJust a Rockโ€

Watch the full video here ๐Ÿ“บ

View the roadmap in more detail โคต๏ธ
Growing the Bitcoin Economy: The Road to sBTC

If you haven't yet, subscribe to our ๐Ÿ‘‡
YouTube Channel
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๐Ÿšจ Meet The Hiro Platform ๐Ÿšจ

Hiro recently launched The Hiro Platform, a complete solution for developers building Bitcoin smart contracts ๐Ÿš€

It enables you to create and deploy Bitcoin smart contracts directly from a web browser without a single installation โฉ

With this new hosted experience, you have access to a number of features that let youโคต๏ธ
โญ Create new projects or import from GitHub into the platform.
โญ Build smart contracts easily
โญ Deploy smart contracts to testnet & mainnet from your browser

They aim to support full-stack Stacks development and observability ๐Ÿค


Read the full article here โฌ…๏ธ

Check out the ๐Ÿ‘‰ platform
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Q1 2023 Recap: Build, Bitcoin, Repeat
โญ๏ธ Stacks 2.1 was officially activated in March, paving the way for Nakamoto and sBTC
โญ๏ธ Stacks reached the 100,000 block height milestone
โญ๏ธ Bitcoin-secured clarity smart contracts crushed the 60,000 milestone
โญ๏ธ Stacks outgained the market to solidify a position in the top 50 of CMCs ranking
โญ๏ธ Stacks was the top trending cryptocurrency on social platforms for 3 weeks (2 weeks in a row), (LunarCrush)

Read the full newsletter ๐Ÿ‘‡
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21 Startup Ideas for sBTC (Stacks Bitcoin Backed Asset) end 2023)
There is already active development in the ecosystem for many of these use cases. For the others, we are seeking founders to get involved. If you are interesting in building the next generation of Bitcoin DeFi products, please get in touch!

DeFi & Trading
1. Automated Market Makers - decentralized swaps between sBTC and other tokens.
2. Bitcoin Yield Aggregators - a protocol for yield optimization that automates investing in various strategies.
3. Bitcoin-backed Stablecoins - decentralized stablecoins to access liquidity.

Lending & Borrowing
1. Collateralized Bitcoin Loans - permissionless lending and borrowing.
2. Bitcoin Flash Loans - flash loan protocol for arbitrage and collateral swapping.

View the other 15 potential startups for Stacks in 2023 down below ๐Ÿ‘‡
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Zest Protocol's Co-Founder Tycho Onnasch shares his thoughts on the potential of Bitcoin ๐Ÿ’ญ

He said that Bitcoin is the largest opportunity! As it currently stands, there are almost a half a trillion dollars of capital that can be leveraged โš–๏ธ

Catch him speak at the virtual Building on Bitcoin Summit on April 19, 2023 ๐ŸŽ™๏ธ

Register here โ˜œ
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๐ŸŒŽ Introducing Local Stacks Communities
The Stacks Foundation Chapters program is an initiative designed to promote and support the growth of local communities of developers, enthusiasts, and users of the Stacks Bitcoin layer. Hear from:

๐Ÿ‡ฎ๐Ÿ‡ฉ Abdurrachman Mappuji (Puji)
๐Ÿ‡ฆ๐Ÿ‡บ Gordon Christian
๐Ÿด๓ ง๓ ข๓ ฅ๓ ฎ๓ ง๓ ฟ Nathaniel Cole
๐Ÿ‡บ๐Ÿ‡ธ Bryan Guadagno

I got into Stacks because of the strong ethos and alignment with strengthening the uses of Bitcoin. - Nathaniel Cole

Read more about the local communities ๐Ÿ‘‡
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And the work continues as we unleash Bitcoin's full potential ๐Ÿš€

Here's a quick recap of the first quarter with Stacks โคต๏ธ
๐ŸŒŸ Was named #1 project on Bitcoin
๐ŸŒŸ Reached 100,000 block height
๐ŸŒŸ 60,000 total smart contracts
๐ŸŒŸ Activated 2.1

Read the full newsletter entitled Q1 2023: Build, Bitcoin, Repeat ๐Ÿ‘ˆ

All made possible because of the builders' community and your unending support! ๐Ÿ’Ÿ
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Here's a quick guide on setting up your wallet with Xverse ๐Ÿ“–

Xverse Wallet is a Chrome browser extension and mobile app that allows you to manage your Bitcoin private keys. It enables you to manage BTC and other tokens like STX and interact with decentralized applications ๐Ÿ’ฑ

Read the full guide here โ—€๏ธ

Questions? You can always visit their support desk and contact their support team! โ„น๏ธ
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ICYMI: The ALEX Lab Foundation recently launched the ALEX Bridge Testnet ๐Ÿš€

โ„น๏ธ ALEX Bridge will enable users to move wrapped USDT between the Stacks and Ethereum networks

Their goal is always to build together with their community ๐Ÿค

Community members who participate in testing, provide feedback, and help them improve will be rewarded ๐Ÿ†

Here's the full article โฌ…๏ธ

Learn more about ALEX Bridge here ๐Ÿ‘ˆ
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Leading Bitcoin Decentralized Finance Platform ALEX to be listed on MEXC
The ALEX Launchpad has been concluded!
MEXC will list $ALEX/USDT trading in the Innovation Zone at 14:00 on Apr 17 (UTC).

ALEX is the leading Bitcoin DeFi platform, built with Stacks' smart contract language Clarity.

๐Ÿ”นDeposits: Apr 17, 14:00 (UTC)
๐Ÿ”นWithdrawal: Apr 18, 12:00 (UTC)
Tweet announcement ๐Ÿ‘‡
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Catch the Stacks founder and CEO of Trust Machines, Muneeb Ali, at the virtual Building on Bitcoin Summit tomorrow! ๐Ÿ“ฃ

Learn more about the thesis that every experiment in crypto will eventually gravitate toward Bitcoin ๐Ÿš€

Don't miss it! Register for free ๐Ÿ‘ˆ
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New Feature Alert on Gamma ๐Ÿšจ

You can now buy Bitcoin directly from their platform, powered by a brand new integration from Stripe ๐Ÿช™

Did you know that Stripe powers about 20% of the global payments infrastructure? ๐Ÿ’ณ

What to do? ๐Ÿ‘‡
1๏ธโƒฃ Connect your wallet
2๏ธโƒฃ Click the down arrow
3๏ธโƒฃ Then Buy Bitcoin
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21Shares recently announced the worldโ€™s first ETP offering exposure to Stacks ๐Ÿšจ

๐Ÿ”ธ 21Shares Stacks Staking ETP (Ticker: ASTX) seeks to track the investment results of Stacks.

โ„น๏ธ ASTX is designed to give investors an easy and accessible way to invest in Stacks, a layer for smart contracts on Bitcoin

Check here for more information โ—
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10 ways sBTC unlocks the power of Bitcoin ๐Ÿš€

sBTC, the upcoming 1:1 Bitcoin backed asset, enables Stacks smart contracts to write to Bitcoin โ€“ unlocking the value of Bitcoin and enabling previously dormant use cases ๐Ÿ”“

Hereโ€™s a quick look at 10 ways that sBTC will unlock the power of Bitcoin ๐Ÿ‘‡
โญ Lending Bitcoin
โญ Borrowing Bitcoin
โญ Swapping Bitcoin
โญ Managing BTC risk
โญ Supporting causes and creating assets
โญ Ordinal trading scalability
โญ Seamless experience for buying NFTs
โญ NFTs as collateral to get a Bitcoin loan
โญ Trust-minimized asset swapping
โญ Unlocking the value of Bitcoin

โ–ถ๏ธ LEARN MORE HERE โ—€๏ธ
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ICYM Unraveling Crypto's episode with Andre Serrano ๐ŸŽ™๏ธ

They discussed the following โคต๏ธ
๐Ÿ”ธ sBTC: Unlocking Bitcoin's potential
๐Ÿ”ธ What he calls the "black swan" in Bitcoin
๐Ÿ”ธ One of the key principles in web3: Privacy
๐Ÿ”ธ Building an alternative financial system

Andre Serrano is a community builder, investor and strategist passionate about empowering people through technology and entrepreneurship

Tune in below๐Ÿ‘‡
๐Ÿ“บ YouTube
๐ŸŽง Spotify
๏ฃฟ Apple
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Replit now features Stacks layer for Bitcoin ๐Ÿšจ

The rapidly growing AI powered developer platform recently announced this update ๐Ÿ“ข

Stacks โ€˜Replsโ€™ will be available to Replit's over 20 million users ๐Ÿš€

The Stacks Replit profile will serve as a valuable collection of engineering resources to assist developers in learning how to build on Stacks including ๐Ÿ‘‡

โœ… Code templates
โœ… The Stacks Connect start kit
โœ… Beginner tutorials

Learn more here ๐Ÿ‘ˆ
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