🍿 sBTC Rollout Overview & COIN50 Stacks Distribution Revealed

Big moves in Bitcoin L2 innovation! With major improvements to the Stacks Nakamoto release boosting throughput scheduled for mid december, and sBTC now live on testnet, the Stacks core developers are achieving significant milestones. To mark these advancements, Bitcoin L2 Labs has unveiled the exciting sBTC launch plan along with a native BTC reward program designed to reward early adopters. Let’s dive into the highlights from this week!

🍿 Stacks Snacks

• This post covers the sBTC launch plan, detailing the rollout strategy and what users can expect during each phase of the rollout.

• Bitcoin Frontier Fund joins Best & Brightest as the leading Bitcoin accelerator & fund, announcing plans to invest in teams building with sBTC.

• Bitcoin Frontier Fund, BitcocinFi, Sats Ventures, Asymmetric, and Thunder Funder are the first 5 names added to the Buidl Battle hackathon organised by the Stacks Foundation.

• Bitcoin L2 Labs shares details on an sBTC rewards program to earn native BTC yield.

• Velar announces the STX<>stSTX stableswap pool live on their DEX.

😋 Other tasty content

• MarketVector shares details on the distribution and weights of assets included in the Coinbase 50 Index, with Stacks claiming the #22 spot.

• STX was trending on X for at least two consecutive days.

• The Stacks Developers Community shares all winners of the EasyA Stacks Harvard Hackathon.

• Stacks made mainstream news, with Tatiana Koffman reporting on Stacks on the Schwab Network.