Excited to be sharing the first draft of the PoX-5 SIP, the proposal that introduces Bitcoin Staking to Stacks.
We invite feedback from the community and core contributors before it moves to a ratification vote.
Read the draft and share your thoughts:
https://t.co/VQzpwpHPv3
BIG news.
@UTXOmgmt, the Bitcoin native asset management arm of Nakamoto Inc., is the inaugural participant in Bitcoin Staking on Stacks.
This means institutional BTC earning BTC yield, without ever leaving the base layer.
@Agfiore17 Zest is an independent app. Anyone can build apps on Stacks and do whatever they like outside.
This has nothing to do with SIP-31; it funds core Stacks development, DeFi growth on Stacks markets only etc.
No SIP-31 resources are funding any non-Stacks work.
The success of any crypto network depends on the teams building on it.
Zest has been central to Stacks and the Bitcoin economy. They built the right foundations, got traction first, and have ambitious plans.
Cheers to a zesty future! (we’re investors.)
$ZEST, the native token of Zest Protocol, is officially here.
$ZEST is now listed across exchanges and season 1 airdrop is live.
It's the starting point in the next chapter of Zest Protocol’s growth.
Hold BTC. Earn BTC. That's what Bitcoiners want.
Today we're publishing the Bitcoin Staking whitepaper.
Self-custodial. BTC-denominated yield.
Here's what it is and why it matters 🧵
we’ve been building something super cool as a next major release of @stacks
if you’re an institution holding large amounts of bitcoin, DM me for a preview
Everyone wants yield on their Bitcoin.
Store-of-value use of BTC is well understood, now people want income.
@HermeticaFi just launched 5.45% earn. Hermetica deploys Bitcoin as collateral in on-chain lending markets, borrows stables to capture basis or STRC yield.
Simple UX.
People are having meltdowns, stress & disillusionment about the future of Bitcoin.
A better way to spend the bear market is to optimize sleep, workouts, and deep work. This is the time to build the future!
For Stacks this means launching Bitcoin staking. Long live Bitcoin 🟧
Bitcoin is down from all-time highs, but @Stacks Founder @Muneeb still thinks it will hit $1,000,000 by 2030
On today's @_TalkingTokens he explains his thesis, how bitcoin is maturing, whether it's still "digital gold," quantum computing risks, yield opps & more.
Watch below: