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- 🍿 STX Lands on Bitfinex + New Leverage Yield Model from Hermetica & Velar
🍿 STX Lands on Bitfinex + New Leverage Yield Model from Hermetica & Velar
Two exciting announcements with Bitfinex and Hex Trust, as builders continue to innovate in the space.
An exciting week for the Stacks ecosystem is in the books! STX has further solidified its position as the most accessible Bitcoin layer asset, now available on every top 15 exchange. Meanwhile, Stacks BTCFi builders Velar and Hermetica have launched a first-of-its-kind yield product. An exciting milestone for Bitcoin DeFi. Let’s dive into this week’s Stacks Snacks.
🍿 Stacks Snacks
A first-of-its-kind in DeFi: trade Bitcoin with leverage while earning a passive yield. Earn 5% USDh yield while trading on Velar 's PerpDEX.
Hex Trust expands institutional support for Stacks and sBTC.
Bitfinex officially announces to list STX on the exchange.
STX is the most accessible Bitcoin L2 asset, available on every top 15 exchange.
Trust Machines’ COO Rena Shah publishes case for building on Bitcoin versus using it solely as payments.
😋 Other Tasty Content
Hiro publishes post on how Bitcoin Covenants and Stacks work perfectly together.
Zest reports 110% increase in STX deposits for its Bitcoin liquidity protocol.
Zest highlights three BTCFI yield opportunities in the Stacks ecosystem.
Bitflow reports on top yielding pools with STX/USDC at nearly 50% APY.
Stacks community leader shares tutorial on staking USDh.
👋 New here? New to Stacks? Welcome!
Stacks is a Bitcoin layer for smart contracts; it enables smart contracts and 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, decentralized asset. Learn more here.