Venture Capital firms are choosing Bitcoin L2s. After Bitflow’s Pre-seed $1.3M and Velar’s $3.5M seed raise, Zest launches on Mainnet and announces $3.5M raise led by Draper Associates. This, all while Stackers earned their first post-Nakamoto instantiation BTC yield.
🍿 Stacks Snacks
Zest Protocol raises $3.5M led by Draper Associates with participation from Binance Labs, Trust Machines, and others.
The Stacks Foundation releases a list of Critical Bounties, aimed at funding infrastructure development, tools, research, and other initiatives.
Uphold integrates with Stacks, bringing native STX.
Cycle 84 pays out 11.55% APR in BTC for STX Stackers.
Builders watch: Stacks Pitch competition is happening during NFC Lisbon in Portugal. Sign up now.
Axelar launches Stacks Quests as part of Axelar’s Axelarator Program series.
😋 Other tasty content
Stacks Foundation Product Lead Andre Serrano shares sBTC Rollout.
Stacks Co-Creator Muneeb Ali joined Figment for a Stacks Deep Dive.
DeSpread shares project report on Stacks.
Check out the monthly Stacks Data Snapshot brought to you by Signal21.
Hermetica shares the idea of USDh and staked sUSDh for their protocol.
👋 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.