Gm 👋
A week after launch, the Genesis Bond is doing exactly what it was built to do.
😋 Stacks Snacks
The first BTC yield from Bitcoin Staking is starting to trickle in. Bitcoin earning Bitcoin, powered by Stacks.
The Genesis Bond marks Phase 1 of the Stacks Roadmap: bringing more BTC into the ecosystem. The next phases encourage Bitcoin to flow into apps and become liquidity for users across Bitcoin-native finance.
As Alex Miller puts it: Bitcoin Staking is how people find Stacks, and Bitcoin-native finance is why they stay.
Stack Sats is live: 3 BTC in rewards over the next 90 days for borrowing and providing liquidity with USDCx through Zest and Bitflow on Stacks.
Curious how people are running the Stack Sats loops? Here are a few breakdowns from DeFi Warhol, Stacy Muur and Nick Research.
👀 Other Tasty Content
Xverse Explore just leveled up: trade trending BTCFi tokens, catch Ordinals drops early, and discover Bitcoin utility, all in one place.
Zest's Stacks Market just passed $13M in outstanding borrows, with sBTC, stablecoins, and STX all being borrowed.
Bitcoin-native finance isn't one app, it's a whole stack: vaults, lending, market making, AI infrastructure, and stablecoins, all settling on Bitcoin.
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.