UWU Protocol

A stablecoin protocol built on @Stacks that offers zero-interest loans with no repayment date. Header designed by @NickoleNFT.

[UWU Protocol @UWUProtocol]

1/ We're thrilled to announce the closed beta for UWU Protocol, a new stablecoin protocol built on @Stacks.

🧵 A thread…

[HeroGamer⚡ @herogamer21btc]

🌟Welcome to @Stacks - Best X follows - February 2024🌟

Many newcomers to Stacks/Bitcoin ecosystem, welcome! So I thought I'd combine a list of recommended follows - Enjoy!

Ecosystem entities:
• @StacksOrg @mcuevasm
• @hirosystems @diwakergupta
• @trustmachinesco @Gina__Abrams @renapshah
• @MechanismHQ @heynky

[UWU Protocol @UWUProtocol]

@DefiIgnas @xverse @bns_community Thanks for mentioning us! 🫡

[Ignas | DeFi @DefiIgnas]

The DeFi Degen's Playbook for Stacks $STX:

Top protocols on Stacks and upcoming catalysts for growth.

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✦ Consider these actions:

• @xverse: My go to wallet.

• @bns_community: Bitcoin Name Service. Register your .btc or .stx name to join the community.

• @StackingDao: Stake $STX for liquid STX - stSTX. Points coming with possibly extra points for using my referral: https://t.co/KV9IVyvyzl

• @bitflow: Curve style DEX. Provide STX/stSTX liquidity. Airdr0p is also coming.

⇥ Note: Consider swapping STX for stSTX instead of staking to StackingDAO directly to get better rate.
• @ALEXLabBTC: Liquidity hub on Stacks. Swap, provide LP & farm APY, bridge to/from Bitcoin, EVM chains and Stacks.

⇥ $ALEX token live. Can stake for liquid atALEXv2 for 5.8% APY and join token sales via lottery.

• @ArkadikoFinance: MakerDAO of Stacks. Deposit STX to mint $USDA stablecoin. V2 will use @StackingDao $stSTX as collateral.

⇥ $DIKO token live. Used for staking in stDIKO Security Module for 3.8% APY.

✦ Upcoming protocols:

• @ZestProtocol: BTC lending on-chain. Currently in private beta, so consider requesting early access.

• @UWUProtocol: Another stablecoin with 0% borrow rate. Fill the form to join beta testing stage.

• @HermeticaFi Vaults to earn on BTC using derivative strategies. Uses Stacks upcoming sBTC. Currently on testnet.

✦ NFT Zone:

• @trygamma: NFT marketplace for Stacks & Ordinals

• @MegapontNFT: Leading NFT PFP at ~ 500 STX.

✦ Degen Zone 🚨 DYOR/NFA!

• @welshcorgi_coin: $WELSH is the first memecoin currently at $31M market cap

• @LeoCoinSTX: $LEO is the meow memecoin at $4.6M MC. Airdr0pping some $LEO to Megapont Apes holders.

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✦ Catalysts for Growth:

• Technical innovation: Nakamoto upgrade will reduce transaction speed from current 10m-30m to ~5s making DeFi fun to use.

Plus, launching sBTC, a trust-minimized, most decentralized version of BTC in all DeFi.

• Money printing opportunities (aka airdr0ps): Having a limited number of protocols is an opportunity to cover the entire Stacks ecosystem, as attention and money flow into just a few protocols.

• Captivating narrative: Growth of BTCfi, Ordinals, BRC20s, trust-minimized sBTC as well as restaking of BTC with @babylon_chain is making #BTC not just hard money, but also a more productive asset.

With Nakamoto upgrade live soon, more dApps launching, and limited number of L2 competitors on BTC, Stacks is likely to be the major player in BTCfi.

✦ A few accounts to follow to stay up-to-day:
• @muneeb
• @dylan_
• @godfred_xcuz
• @the_advisor_btc
----

Let me know if I missed something important!

[UWU Protocol @UWUProtocol]

@the_advisor_btc @StackingDao @VelarBTC @HermeticaFi @ZestProtocol @ALEXLabBTC @bitflow @ArkadikoFinance Thank you for mentioning us! 🫡

[The Advisor.btc 🟧 @theadvisorbtc]

The @StackingDao protocol is a great step forward for Stacks DeFi growth

But don't sleep on the other DeFi apps focused on enhancing the Bitcoin economy

• @VelarBTC
• @HermeticaFi
• @ZestProtocol
• @ALEXLabBTC
• @UWUProtocol
• @bitflow
• @ArkadikoFinance

[UWU Protocol @UWUProtocol]

Happy holidays! 🎊

This year has been wonderful, and we deeply appreciate everyone’s support.

We're excited for all that’s planned for UWU Protocol in the coming year.

[Jorn @jorncaptain]

Alright $STX fam, finished the Top DeFi Projects on @Stacks!

Decided to just focus on DeFi for this one as there's a lot great stuff quietly being built on Stacks and #Bitcoin!

Anything missing? Let me know and I'll add it!

Thanks for helping!

https://t.co/4CGyVQejLU

[Bought @boughtbtc]

Q1 2024 is going to be jam-packed for @UWUProtocol!

[acrossfire.btc 🟧 @AcrossFireX]

@STXLDN .@UWUProtocol has a ton of potential and should get more attention - more collateral backed stablecoins in Stacks will be huge for the growth of the ecosystem

[TheNewsCrypto @The_NewsCrypto]

Top 5 #DeFi Platforms on @Stacks

🔶ALEX - @ALEXLabBTC
🔷Arkadiko - @ArkadikoFinance
🔶CityCoins - @mineCityCoins
🔷StackSwap - @Stackswap_BTC
🔶UWU Protocol - @UWUProtocol

Do you use any?🧐

#Stacks $STX

Source: @DefiLlama

[UWU Protocol @UWUProtocol]

@godfred_xcuz @Stacks Most definitely! 🫡

We’ll be back to our usual posting schedule this week.

[UWU Protocol @UWUProtocol]

@_SmartLiquidity @fluiditymoney @Helio_Money @xbacked @ThalaLabs @0xDYAD @TeamKujira @0xNetherGames @DjedAlliance @AstridDAO @gopartyparrot @KokoaFinance @gravitaprotocol @HubbleProtocol @dsumoney @Indigo_protocol Thank you for mentioning us! 🫡

[Jay | LD @jay_ldvc]

🛜 TOP CDP PROTOCOLS OF THE WEEK

🥇@fluiditymoney + 1753%
🥈@Helio_Money + 244%
🥉@xbacked + 160%

@ThalaLabs
@0xDYAD
@TeamKujira
@0xNetherGames
@DjedAlliance
@AstridDAO
@gopartyparrot
@KokoaFinance
@gravitaprotocol
@HubbleProtocol
@dsumoney
@UWUProtocol
@Indigo_protocol
@FluityFinance
@ArkadikoFinance
@MarsEcosystem

#SmartLiquidity

[UWU Protocol @UWUProtocol]

@markymark @Stacks Thank you! 🫡

[UWU Protocol @UWUProtocol]

We're excited to launch UWU Swap, the first DEX aggregator on @Stacks. 💱

UWU Swap aggregates multiple liquidity sources to find you the best exchange rate for a given trade.

Get started at https://t.co/HQNHdBnTp9.

[UWU Protocol @UWUProtocol]

@godfred_xcuz @xverse It works great on mobile devices! 📲

[Algorithm.btc @godfred_xcuz]

Defi in its finest with @UWUProtocol

Connect with @xverse and enjoy the DEX swap aggregator

[HeroGamer⚡ @herogamer21btc]

Builders build.

[UWU Protocol @UWUProtocol]

@MessariCrypto @Stacks @redvelvetzip Thank you for mentioning us! 🫡

[Messari @MessariCrypto]

6/ Notable community events & developments include BTC Miami 2023, core items such as sBTC and the Nakamoto release, and the beta launch of stablecoin protocol @UWUProtocol. @Stacks also experienced an MEV issue related to BTC miners, but have been exploring solutions.