The recent Stacks Townhall offered a first look at what’s ahead for the leading Bitcoin Layer by developer activity and market cap. In this special edition of Stacks Snacks, we break down the key takeaways from ecosystem updates to what’s next on the roadmap. Prefer to catch the full session? Watch it here.
🍿 Stacks Snacks Townhall TL;DR
The new Stacks operational entity has a name: Stacks Labs. The legal setup is well underway, with Stacks Labs mirroring successful models from other ecosystems.
Stacks Labs is about six weeks from full initial operation capacity, with the first wave of open positions coming in weeks.
Hiro CEO and SIP-031 co-author Alex Miller has been announced as Interim CEO. Read more.
Hiro and the Stacks Foundation to finalize plans addressing key short-term needs in the ecosystem such as grants for builders and community functions until Stacks Labs is set up.
The Stacks Foundation announces a new DeGrants Cohort. Subscribe to stay up-to-date and set a reminder for the first DeGrants space.
Zealy STX DeFi SZN (code: definakamoto) is ongoing, earning STX rewards for on-chain tasks.
😋 SIP-031 Tasty Townhall Content
August: First wave of open positions shared on the Stacks forum for community feedback.
August: Provisional/immediate grant program determined and published in partnership with the Stacks Foundation.
September: Initial one-off grants in areas of clear/high need completed (executed in partnership with the Stacks Foundation, community leaders)
September: Official public launch of Stacks Labs & the Stacks Endowment
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.