Gm Stakers 👋
Stacks took the main stage at TOKEN2049. Let's dig in.
😋 Stacks Snacks
On stage at TOKEN2049, Muneeb laid out the vision for Stacks through 2030 which boils down to making Stacks the default place for Bitcoin to earn, borrow, and transact privately, all settled to Bitcoin. The path to get there runs through the Satoshi Upgrades.
Bonding Period 2 is starting and the data starts coming through next week. The Genesis Bond participants have been earning BTC every week since September 17.
PoX-6 is the end state Bitcoin Staking was built to reach. It means any Bitcoin holder can bond directly and earn BTC yield, under their own custody.
Stacks is trending on X almost every day now 🔥
👀 Other Tasty Content
Zest reaches a new ATH with over $40M in borrows on the Stacks market 👀
StackingDAO now stakes over $100M across STX and BTC, up from STX only two months ago.
Stacks is at CoinAlts on Oct 14th next week.
Tenero V2 is live, with Stacks front and center. In app swaps powered by Zest and Bitflow, a new DeFi yield hub, new pools, and an upgraded UI.
Alea Research cites Stacks as a credible way to earn yield on BTC without moving it off Bitcoin's base layer.
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.