Exciting to witness the increasing adoption of sBTC, paving the way for a thriving Bitcoin economy! 🚀

Over 150 users have tried out the Hermetica Finance application integrating sBTC!

Moreover, great work from Bitflow Finance DEX on integrating sBTC swaps on testnet

The community input is crucial in refining the user experience for sBTC and get one step closer to activating Bitcoin-backed DeFi via sBTC

BTC holders will finally be able to productively use their holding in many different ways 🟧

Two prominent Web3 investment firms have recently dropped their analysis on Stacks and Bitcoin Layer 2 solutions.

Here's a glimpse into their key insights:

🔍 Strong Bitcoin Blockspace Demand: The surge in demand, especially fueled by Ordinals and BRC-20, proves a robust appeal of Bitcoin's blockspace

🌐 Reinforced Global Asset Status of BTC: Bitcoin's ongoing strengthening of its brand and the potential incoming Bitcoin ETF further solidify its position as a global asset

⚡️Growing Demand for Active BTC Use: The increasing demand for actively using BTC to enhance its utility is a clear indicator of the evolving landscape

These milestones and narratives are confirming the need for Bitcoin L2s, such as Stacks, to explore more complex BTC applications.

Moreover, the upcoming Nakamoto and sBTC upgrades are poised to unleash a wave of innovation and possibilities for DeFi and Web3 apps in the Bitcoin ecosystem.

Read the investment firm thesis here:
• North Rock Capital LLC - https://medium.com/@halp1120/stx-thesis-update-cd09b7f2cce8
• Portal Ventures - https://portal.vc/bitcoin

sBTC opens doors to Bitcoin-backed apps, but other perks can also be integrated:

• sBTC as gas for a smoother experience for BTC holders
• Simplify BTC to sBTC peg-in via OP_DROP mechanics

📅Join the AMA this Friday to explore these features in detail:
https://twitter.com/i/spaces/1BRKjPOOpLNJw

sBTC and the Nakamoto upgrade will unlock new DeFi use cases for Bitcoin

But why not familiarize yourself with the Stacks DeFi ecosystem right now?

• Zest Protocol: A BTC lending protocol
• Bitflow Finance: A Bitcoin focused DEX
• Hermetica Finance: Bitcoin vaults strategies
• ALEX Lab: Bitcoin DeFi products
• Arkadiko Finance: Self-Repaying loans

What kind of DeFi products would you like to see on Bitcoin L2s?

Join us today for an exciting AMA happening in just a few hours!

🔍 Explore the dynamics of using sBTC as gas and dive into the enhanced sBTC peg-in experience with OP_DROP

Don't miss out! 📢 Tune in here:
https://twitter.com/i/spaces/1BRKjPOOpLNJw

As the year comes to an end, it was clearly a standout one for Bitcoin

Ordinals, BRC-20 tokens, and L2s have revived the Bitcoin culture

Now is the time to double down on development and help new users in their Bitcoin journey

The VanEck recent article highlights trends they expect in 2024

Smart contract apps unlocking new Bitcoin yield opportunities is one of them

It's time for the Stacks DeFi ecosystem to thrive and enable new use cases for Bitcoin

Figment, the leading staking solution for institutional players will support STX stacking

Additionally, they're offering user-friendly infrastructure options for sBTC network signers

They're paving the way to position sBTC as a go-to asset in the Bitcoin ecosystem

Read the whole announcement here:
https://figment.io/insights/figment-to-enable-bitcoin-l2-rewards-with-upcoming-support-of-the-stacks-layer

Bitcoin halving is approaching, meaning sBTC and Nakamoto activation is close

Nakamoto promises faster blocks and 100% Bitcoin finality

sBTC will unlock Bitcoin-backed applications, enabling new possibilities for BTC holdings

Bitcoin Layer 2s are maturing rapidly!

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

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

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

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

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!

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

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

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