stxaus.btc

Feb 276 min read

The Nakamoto Unleash is Coming

Happening This Month

With much happening in Stacks and Building on Bitcoin, we have compiled the best updates to keep you on pace. If there is something you want covered, please reach out to our team. 

The RL2 Builders Pitch Competition

Kicked off on March 8 - Ready Layer 2 has started but is not too late to join and catch up:

Join Ready Layer 2 here

STX AUS Developers Program

The Stacks Australia and Bitcoin Builders Developer Program is in full swing for Q1. If you want to become a Stacks developer, join a team, join a venture house, or become a founder, apply here: Join STXAUS Developer Program

Want to learn Clarity?

STXAUS has partnered with Stacks Labz to bring you the best training and learning environment in Stacks. Join Stacks Labz Discord here.

Bitcoin L2 and Stacks Update

Stacks IRL Events in Australia

Stacks AUS Nakamoto Launch Parties for Stackers - Late April

Stacks Australia is working on 3 events for the Nakamoto Launch that will be happening between 15 and - 29 April.

To pre-register, go to

Brisbane date TBA https://launch.nakamoto.run/register?utm_source=brisbane

Sydney April 19 https://launch.nakamoto.run/register?utm_source=sydney

Melbourne date TBA https://launch.nakamoto.run/register?utm_source=melbourne

Stacks and Bitcoin Events in WA

Bitcoin Builders on Stacks Event March 22

https://www.eventbrite.com.au/e/building-on-bitcoin-scaling-the-network-with-stacks-perth-wa-tickets-826609520327?aff=erellivmlt

The Narrative: Hot off the Satoshi Round Table Dubai: The VC and Angel Investors incoming.

The DEFI on Bitcoin Alpha

Just a few weeks ago, we looked like this.

This week's TVL locked on Bitcoin Skyrockets. 4 x this week from $300 million to $1.34 Billion

Follow DEFI on Bitcoin @Defilama

TVL on Stacks does 10 x to over $120 million on Stacks in the last month: Track Stacks Stats on Defilama

BTC Start-up Lab Latest Developer Report

The BTC Startup Lab's latest developer report shows exciting growth in Bitcoin development, according to Albert Laing, who says, "Development on Bitcoin is about to explode." The lab's first cohort, 2023, had 10% Ethereum builders, while 30% of developers in the current cohort are from ETH. Applications for upcoming cohorts show almost 50% of developer applicants are from Ethereum. The first demo day brought eight investors and one accelerator, while the forthcoming demo/pitch day on March 15, 2024, already has 80 investors and ten accelerators signed on. This rapid expansion in developer talent and investment interest signals massive growth for Bitcoin development.

Bitcoin L2 DeFi Alpha

Stacking DAO is rapidly gaining momentum, with an amazing $70M+ TVL and $20+million already locked in liquid stacking. Stacking DAO allows users to earn a yield on stacked STX and unlocks opportunities in DeFi. Learn more

VELAR: The decentralized finance (DeFi) platform, recently raised $3.5 million to build the world's first PerpDEX on Bitcoin. After two failed attempts in the bear market, founder Mithil Thakore (formerly of Ethereum) finally secured significant VC funding to bring his vision to life on the censorship-resistant Bitcoin blockchain. Learn more

Zest Protocol is an on-chain lending platform built specifically for Bitcoin. The project just launched its private beta, with plans to give early access to more users before its official public release. With investment from Australian VC Optio Capital, Zest Protocol is part of Trust Machines, a group building DeFi applications on Bitcoin. Learn more

Bitflow is developing a decentralized exchange (DEX) that offers real-yield opportunities for Bitcoin holders. The platform aims to provide a native Bitcoin DEX where users can trade tokens and earn rewards. Learn more

Hermetica offers a secure way to earn and leverage Bitcoin through its non-custodial platform built on Stacks. Hermetica Earn vault, gives a sneak preview into its future Earn product line-up fully powered by Bitcoin's sBTC. Learn more

Arkodiko has established itself as a favoured stable coin platform within the Stacks ecosystem, offering self-repaying loans via Arkadiko Finance. Operational for some time now, Arkodiko underwent auditing in late 2022 and is completing infrastructure upgrades in preparation for new product launches in Q1 2023. Learn more

UASU is building DeFi products on Bitcoin using Discreet Log Contracts (DLCs), starting with a platform to de-risk Bitcoin holdings. With a focus on leveraging DLCs for new DeFi offerings, UASU represents an innovative approach to expanding Bitcoin's capabilities. Learn more

Rising Stars

Zero Authority DAO aims to build a reputation in web3 with its decentralized prominent exchange protocol. The project offers a gateway to unleashing trust and establishing prestige without centralized authorities. Zero Authority DAO enables users to take control of their reputations by building credibility over time based on endorsements, contributions, and other metrics. With plans for an airdrop, the project offers an exciting opportunity for early participants to gain a stake in this promising protocol.

LEO launched its utility token and Stacks tool for serious DeFi players on February 1. LEO started as a meme project that later evolved into a community for Degens & Traders within Stacks, empowering users through essential tools like the Stacks Tool, monitoring investments, understanding market trends via charts, setting transaction and price alerts, and more features for trading.

Welshcorgicoin (WELSH)has emerged as a top meme coin built on Bitcoin using the Stacks blockchain. Known as the cutest dog in cryptocurrency and named mascot and ambassador by Stacks, WELSH aims to help onboard new users to Stacks in an accessible and fun way while also building new solutions for the ecosystem. Created by and for the Stacks community, WELSH brings a lighthearted approach to expanding Bitcoin's capabilities through innovative sidechain technologies.


The Nothing token, known as micro-nothing ($MNO), was created at block 5235 in the Stacks (STX) ecosystem. It was the first usable coin in the ecosystem before the SIP-010 standard existed. $MNO had a max supply of 100 trillion tokens, all minted at deployment and distributed among different addresses. Their vision is to create a better everyday life on Stacks for all to accomplish more and to become the most memed token, anchored to Bitcoin, in the world. Welcome to $NOT, where the power of simplicity meets the innovation of Web3. In a world of complex tokens and volatile markets, $NOT offers a refreshing approach— “Own nothing and be happy.” Join us in the Web3 revolution, and let's create a world where NOTHING is everything.


STX AUS ART & CREATIVE

Stacks Australia’s resident artist Antonietta Fiorenza representing Great Aussie at OrdDenver. click here

The Ultimate Stacks Follow list

There you have it, folks! Our top picks for the month. To wrap this up, we would like to drop in a few reminders:

Join us every week for:-

X Spaces - Weekly spaces for the community. Follow @stacksaustralia on Twitter for updates.

- Art on Stacks spaces every Monday at 5 am AEDT, follow @NIETTANFT

- Bitcoin Builders spaces every Wednesday at 8 am AEDT hosted by @stacksaustralia

- LinkedIn Be part of our LinkedIn community and get the latest happenings on the go. Click here.

We love your feed back. Drops us a line at [email protected] and join our Discord here.

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