Stacks Updates
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Stacks updates and announcements.
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Don't miss the SIP Weekly Call this Friday at 12 PM ET! ๐Ÿ“…

Tune in to explore the latest innovations happening on the Stacks network. ๐Ÿ“š

Set a reminder now to join the Community innovation call:

https://twitter.com/i/spaces/1OyKAZzQgVMGb
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The Bitcoin economy is evolving with key innovations:

โ€ข Upcoming Nakamoto & sBTC rollouts
โ€ข Progress in Bitcoin L1 & developer tools
โ€ข Expanding Bitcoin programmability

Catch all the insights in the newest Stacker Chats with Muneeb and Gina!

https://x.com/Stacks/status/1826275504841949382
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With sBTC on the horizon, which Bitcoin DeFi use case excites you the most?
Anonymous Poll
45%
Bitcoin Lending and Borrowing
46%
Bitcoin backed Stablecoin
29%
Bitcoin liquidity pools
9%
Bitcoin perps
1%
Other (Le us know)
Yesterday, Babylon launch hit the 1000 BTC cap within just a few blocks.

This highlights the demand for Bitcoin DeFi and yield.

With Nakamoto and sBTC on the horizon, Stacks is set to unlock the full potential of the Bitcoin economy.
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The Stacks DeFi pillars are driving increased activity and boosting liquidity:

โ€ข 80M+ STX added in TVL (DefiLlama)

โ€ข 10k+ monthly DeFi users since December (Signal 21)

DeFi is the key to unlocking the Bitcoin economy
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The Stacks community is developing new dApps to onboard users and bring more utility to the ecosystem.

โ€ข BSD: Bitcoin-backed dollars
โ€ข Zero Authority DAO: gig marketplace
โ€ข Viking Swap: Stacks DEX aggregator
โ€ข Boom wallet: Bitcoin payments via sBTC
โ€ข STX City: Launch a Stacks memecoin in seconds with no code required
โ€ข Many other dApps from GameFi to DEXs

With Nakamoto and sBTC, building impactful protocols will be easier than ever!
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Zest Protocol has introduced Clarity Alliance to strengthen Stacks dApp security.

This initiative brings expert white-hat hackers on board for thorough audits.

Paired with Hypernative Labs' incident response monitoring, Stacks DeFi is becoming even more secure and resilient.
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Donโ€™t miss todayโ€™s Stacks SIP community innovation call at 12 PM ET! ๐Ÿ“…

Get an update on the SIP-027 results and the approval of the non-sequential Multisig transactions upgrade.๐Ÿ”ฅ

Set a reminder and join in a few hours ๐Ÿ‘‡

https://twitter.com/i/spaces/1OyKAZRVOpqGb
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100,000+ devs have kicked off the Stacks coding challenges on EasyA!

This surge reflects the rising excitement to dive into the Bitcoin L2 space and explore the power of Stacks.

As developer activity accelerates and fresh apps emerge, Stacks will draw in more users.
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The DeGrants Cohort 2 winners have been selected by the community!

Here are the DeFi track winners:

โ€ข STX City: no-code tool for easy token launches
โ€ข Jing Cash: slippage-free swaps
โ€ข Minera: decentralized STX mining pool

A new wave of Stacks dApps is on the way!
The Stacks ecosystem is making waves at the KBW Conference!

As Muneeb said at The Nakamoto Revolution stage, Satoshi started the work, but it's L2s role to onboard people on Bitcoin.

Stacks is leading the way by moving the Bitcoin ecosystem forward!
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Did you know Stacks is the leading Bitcoin L2 asset in terms of exchange adoption?

This is thanks to the tireless efforts of our decentralized ecosystem entities to onboard Stacks to institutions.

Check out the full list of the current top exchanges:

https://www.stacks.co/explore/ecosystem?category=All+Teams#exchanges
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What's new on Stacks?

โ€ข Zest Protocol connects Stacks with Babylon for its first BTC yield

โ€ข Anchorage announces custody support for Stacks

โ€ข Xverse wallet integrates Velar, enabling native token swaps on Stacks

Stacks adoption continues to accelerate.
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The EasyA hackathon with Hiro is bringing Stacks to Harvard University!๐Ÿ”ฅ

Hundreds of developers will participate to start building on Bitcoin via Stacks. ๐Ÿ’ช

Register for the hackathon below โฌ‡๏ธ
https://bitcoinbuilders.io/hackathon
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According to Signal 21, the Stacks ecosystem was marked in August by:

โ€ข 31% surge in developer activity
โ€ข Steady rise in total value Stacked
โ€ข Growth of transactions volume topping 480M+ STX

The Nakamoto upgrade can become a major boost for key on-chain metrics.
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The Stacks ecosystem always aimed to stay closely connected with Bitcoin.

A few examples:

โ€ข Stacks builders are also key Bitcoin L1 contributors (e.g Xverse Wallet & Hermetica Finance)

โ€ข Major Bitcoin mining pool Luxor serves as a Stacks Signer

โ€ข Bitcoin Frontier Fund, originally Stacks Venture, is now the top Bitcoin Accelerator
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How are the Stacks Foundation grants fueling innovation in the Stacks ecosystem?

They've kickstarted groundbreaking DeFi projects like:

โ€ข Stacking Dao's Liquid Stacking app
โ€ข Bitflow Finance's aggregator DEX
โ€ข Arkadiko Finance's stablecoin protocol

What's missing in the Stacks ecosystem that deserves a critical bounty?
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Yesterday, a Trust Machine incubated Bitcoin lending protocol on Stacks was announced!

GraniteBTC is leveraging sBTC to let users borrow against their BTC capital with:

๐Ÿ”ธ Soft Liquidations
๐Ÿ”ธ No Rehypothecation
๐Ÿ”ธ Real-time Position Tracking

Another major step towards activating the Bitcoin economy.

Learn more about Granite and follow them for future updates.๐Ÿ‘‡

Website: https://www.granite.world
Announcement thread: https://x.com/GraniteBTC/status/1834230773114925247
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Nakamoto Activation Update

- Stacks Nakamoto activation is on track

- Core devs plan to make the selection of a hard fork block in the next 7 days!

- Thank you to the Signers! Those running the latest release validated the technical aspect of the handoff

Full post below ๐Ÿ‘‡
https://stacks.org/nakamoto-activation-update-handoff
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