Gm Stakers 👋
The BTC rewards keep coming, and the engineering team is pushing into quantum resistance. Let’s dig in.
😋 Stacks Snacks
Bond 2's first 30 days are in. It was a sold out bond with 505 BTC staked, 1.21 BTC paid out in the first month, and 6.7M STX paired. That's more than double the Genesis bond, with 21Shares back for a second round alongside StackingDAO and Xverse.
Stacks engineers moved sBTC with a post-quantum signature, without a protocol upgrade. Bitcoin and Stacks use elliptic curve signatures, which a powerful enough quantum computer could break. Hash based signatures are built to resist that, and this shows the path works.
Zest Protocol's CLMM is live on Stacks mainnet, which means tighter prices and deeper liquidity. Swappable through Zest's Stacks Swap or Tenero.
stBTC now takes native BTC deposits, with an sBTC bridge built right in.
👀 More Tasty Content
Muneeb gets into how Stacks is building Bitcoin capital markets on The Block.
He also joined Scott Melker for "Bitcoin's Biggest Bond Yet Just Sold Out: What Do Institutions Know?"
CoinGecko published a guide to Stacks Bitcoin bonds: how they work, where the yield comes from, and why every bonded Bitcoin uses STX as staking capacity.
Bitflow now routes Zest's pools through its Stacks DEX aggregator, so swaps find the best price across the ecosystem.
A question making the rounds on WallStreetBets: if you've held Bitcoin for years, what are you actually doing with it besides holding? 👀
Happy staking 🟠
Stacks is a Bitcoin layer for smart contracts. It enables decentralized applications to use Bitcoin as an asset and settle transactions on the Bitcoin blockchain. Stacks exists to unlock Bitcoin’s full potential as the largest, most valuable, durable, and decentralized asset. Learn more here.