Stacks

What's new in the Stacks DeFi ecosystem since sBTC launch? • Zest Protocol allows sBTC deposits, enabling to earn yield on sBTC capital and borrow other assets against it • Velar, ALEX & Bitflow DEXs have launched sBTC-STX trading pools

The last month has been huge for Stacks development: • sBTC launch: 1000 sBTC minted in 3 days and flowing into DeFi to unlock Bitcoin yield • Nakamoto upgrade live: Improved security with 100% Bitcoin finality and faster block times The time to build on Bitcoin is now.

Enhancing resilience and decentralization in the Stacks ecosystem is a top priority. As the leader in Bitcoin-secured physical infrastructure, Ankr addition to the Signer network will strengthen Stacks connection with Bitcoin mainnet.

Institutional adoption is crucial for scaling the Bitcoin economy. That's why we're collaborating with FORDEFI —trusted by 100+ companies and records $8B+ in monthly transactions. By now supporting sBTC & SIP10 assets, institutions can seamlessly tap into Bitcoin DeFi on Stacks.

sBTC is live on Stacks Mainnet The first step towards a decentralized, on-chain Bitcoin economy has begun. sBTC unlocks access to Bitcoin DeFi while maintaining Bitcoin’s core principles: trust, security, & transparency. Learn how to earn up to ~5% annual BTC rewards. Key features of sBTC: ■ 1:1 Bitcoin backing ■ Institutional signer network reduces single-entity trust ■ 100% Bitcoin finality — secured by Bitcoin hash power ■ Transparent, open-source code Bitcoin is no longer static—it’s programmable. Learn about sBTC Phase 1 below. The initial phase: ■ Deposit-only functionality ■ 1,000 BTC cap for liquidity ■ Up to ~5% annual rewards paid out every two weeks in sBTC This first controlled phase allows devs to build with sBTC & lays the foundation for more users to get onboarded to Bitcoin. What’s next? In Q1 2025: 1. Withdrawals go live 2. Cap increases 3. Progression towards a fully open, permissionless signer network Deploy BTC in Bitcoin DeFi on the leading Bitcoin L2, Stacks. Learn how you can earn up to ~5% Bitcoin rewards simply by holding sBTC. Learn about moving your BTC to Stacks and how to register for the Rewards Program to start earning Bitcoin rewards. The first sBTC holders will be able to leverage Bitcoin DeFi use cases, earning additional rewards via DeFi protocols. Find out how: https://bitcoinismore.org/

Join today's SIP Community call at 11 am EST! 📆 This week, we'll have a general discussion on SIP proposals and processes. Set a reminder now, and see you in a few hours. ⬇️ https://lnkd.in/dhFSfNSv

With sBTC powering Bitcoin-backed apps, onboarding the next generation of Bitcoin builders is key. That’s why we’re partnering with LearnWeb3, the largest Web3 education platform, to launch a course on sBTC use cases. Plus, there’s a $25K sBTC bounty pool to reward builders

There are only a few days left to vote for the Stackies! Support your favorite teams, protocols, and ecosystem contributors in winning the 2024 Stacks Awards, to be announced on December 18th Take 2 minutes to give your input under each award. You can vote here: https://lnkd.in/dci4UxQJ

What's new in the Stacks DeFi ecosystem? • Velar DEX launched permissionless pool creation, facilitating liquidity bootstrapping for new tokens • Stacking DAO teased stSTXbtc, a second liquid stacking token with sBTC yield • Zest Protocol integrated sUSDT, boosting stablecoin liquidity

The Stackies rewards will be announced on December 18th! Make sure to vote for your favorite builders, projects, and community members to help them win the 2024 @Stacks awards. Take 2 minutes to celebrate the best ecosystem contributors of the year. ⬇️ You can vote here: https://lnkd.in/dci4UxQJ