Stacks has received limited attention over the years. Compared with other public chains, ecological projects are quite satisfactory, but there are also a few new ideas.
By: Babywhale, Foresight News
Recently, the concept of " BitcoinNFT " has attracted the attention of the market, and has once again sparked a discussion on whether Bitcoin should only retain the pure value storage function or add programmability. Unlike previous similar discussions, the developers who created Bitcoin NFT believe that the emergence of NFT provides additional benefits for Bitcoin miners, and can still ensure network security when block rewards gradually decrease in the future. However, some developers have suggested that the emergence of programmability on the Bitcoin chain may bring MEV to Bitcoin, thereby greatly increasing the complexity of the network.
Although a large number of current Bitcoin developers and maintainers follow basic fundamentalism, future development has once again become unresolved due to the emergence of NFT.
In this round of upsurge, the Bitcoin smart contract platform Stacks picked up from the corner that was about to be forgotten, and the price of its token STX rose by more than 4 times in more than a month. As a project launched in 2018, Stacks adopts the PoX consensus mechanism, which links the Stacks blockchain and Bitcoin, and enables Stacks to have the security of the Bitcoin network.
Specifically, Stacks will select block packers through auctions on the Bitcoin network. Bidders need to bid with Bitcoins, and the winner will receive Block rewards and handling fee rewards from Stacks. And the bitcoin fee paid by the winner will become the reward for STX stakers. In essence, Stacks "borrowed" the security of Bitcoin through a certain mechanism (the so-called security is actually the transparency and openness of the election of block packaging rights, and there are actually no excessive restrictions on the winners, so its own security It is not a smart contract platform directly built on Bitcoin.
However, the development of the Stacks network has produced ecological projects including DeFi so far. If adding programmability to Bitcoin in the future is widely accepted, then the development space of Stacks still has a good imagination. This article is based on the ecological projects listed on the Stacks official website. Readers are requested to pay attention to risks when interacting with projects.
WalletD'CENT Wallet
D'CENT Wallet is a hardware wallet whose biometric wallet, card, and software wallet can all be managed with a single App. According to the information on the official website, D'CENT Wallet supports more than 3,000 tokens.
Go Sats
GoSats was selected for the Stacks accelerator and received investment from Stacks. However, according to the information on the official website, GoSats is a company that focuses on the consumer return bitcoin card in the Indian market, and there is no relevant information showing the relationship between it and the Stacks blockchain.
Hiro
Hiro is a developer tools platform for the Stacks ecosystem, and its products include the Stacks wallet Hiro Wallet.
Neptune Wallet
Neptune Wallet is a wallet developed for Stacks that supports sending and receiving STX tokens, pledging STX tokens, and hosting Stacks ecological tokens.
Ryder
Ryder is a social hardware wallet that allows users to interact in the real world through the wallet. Ryder plans to provide more usage scenarios for NFT, DAO, etc.
WISE
WISE is an open source Stacks ecological non-custodial wallet that supports the sending, receiving and hosting of assets on Stacks. At the same time, WISE also supports STX domain name transfer.
Xverse
Xverse is a bitcoin ecological wallet that supports assets including bitcoin, bitcoin packaging assets, bitcoin NFT, Stacks ecological assets, etc., and will support bitcoin lightning network transfers in the future. Xverse also supports STX staking for bitcoin rewards.
MultiSafe
MultiSafe is a multi-signature wallet solution for Stacks and Bitcoin ecology, similar to Gnosis Safe.
DeFi ALEX
ALEX is the DEX of the Stacks ecosystem, and it also includes the functions of Launchpad . According to DefiLlama data, the TVL on ALEX is about 22.97 million US dollars.
Arkadiko Protocol
Arkadiko Protocol is an over-collateralized Stablecoin protocol. Users can over-collateralize and mint the Stablecoin USDA through STX , xBTC and ALEX. In addition, the agreement also establishes a Liquidity pool for trading pairs of USDA and other Stacks ecological assets. According to the official website data, the TVL on Arkadiko Protocol is about 8.673 million US dollars.
BitFlow
BitFlow is the DEX of the Stacks ecosystem, which supports the transactions of Stablecoin such as xUSD and USDA, as well as the transactions of various Bitcoin-encapsulated assets. At present, its products are not open yet, and users need to apply for permission to use the test version.
LNSwap
LNSwap is a decentralized trading platform, but it does not use the traditional AMM model, but refers to the technical characteristics of the Bitcoin Lightning Network to launch submarine swap, which can exchange Bitcoin, Bitcoin on the Lightning Network, and assets on Stacks A scheme for conducting atomic swaps.
Stackswap
Stackswap is a DEX on Stacks. In addition to supporting asset transactions on Stacks, it also supports Cross-chain transactions between Bitcoin, Ethereum, USDC and assets on Stacks.
Zest Protocol
Zest Protocol is a Bitcoin lending platform for institutional investors, users can deposit Bitcoin into the protocol to obtain income. Qualified institutional borrowers can borrow Bitcoin from the borrowing pool.
wrapped.com
wrapped.com is a wrapped asset platform that supports wrapping Bitcoin as xBTC, a Bitcoin wrapped asset on Stacks.
Lydian
Lydian is a decentralized asset management protocol built on Stacks.
DLC. Link
DLC.Link supports the use of native Bitcoin in smart contracts without encapsulation and Cross-chain. DeFi protocols on Stacks can use this protocol for lending or trading.
NFT Boom
Boom is the native NFT platform of Stacks, which supports the transfer of Stacks ecological tokens, and will support Stacks NFT transactions in the future.
indexer.xyz
indexer.xyz is a Cross-chain NFT index and API infrastructure, currently supports Stacks, NEAR and Aptos.
droplinked
droplinked is an NFT promotion platform launched by Flatlay, users can get rewards by sharing NFT series. droplinked currently supports Stacks, NEAR, Polygon, Casper, and SKALE.
Gamma.io
Gamma.io is an NFT trading platform for the Stacks ecosystem and Bitcoin Ordinals.
LaunchMyNFT
LaunchMyNFT is a web-based generative NFT Launchpad that currently supports Ethereum, Solana , Aptos, BNB Chain , Avalanche, Fantom, Polygon, and Stacks.
Songs To Radio
Songs To Radio is a music NFT platform built on Stacks, which supports creators to create music NFT and NFT transactions through the platform.
Stacks Bridge
Stacks Bridge is an NFT Cross-chain bridge between Ethereum and Stacks.
Superfandom
Superfandom allows creators, influencers, and celebrities to link with fans through NFTs. Users can gain exclusive experiences by minting the creator's soul-bound tokens.
This Is #1
This Is #1 is an NFT market built on Stacks, which supports creators to issue NFTs on the platform, but currently does not support secondary market transactions.
Pledge Fast Pool
Fast Pool is an STX staking pool developed by Stacks contributor Friedger.
InfStones
InfStones is a Web3 infrastructure platform, and its products include node management, pledge, API gateway, etc. Its staking products support over 70 blockchains including Stacks.
Plan better
Planbetter is a Non-custodial staking platform on Stacks that supports users to stake STX to get Bitcoin rewards.
DAO Bitfari
Bitfari is a marketing DAO built on Stacks. Users can get incentives by installing the Bitfari app to place or receive advertisements.
StackerDAO
StackerDAO is a DAO management tool built on Stacks, including fund management, multi-signature tools, voting tools, etc.
Ballot
Ballot is a decentralized voting application for DAO, NFT, DeFi and Web 3 projects, voting will be controlled according to token, BTC namespace and NFT holdings.
Data AnalysisBTC BTC
BTC Leaderboard is a website that analyzes the number of followers of users who use the . BTC domain name as the Twitter name on Twitter.
Stacks Data Center
Stacks Data Center is Stacks' on-chain status visualization platform, providing data including currency holding addresses, contracts, mempool, wallets, etc.
Stacks on Chain
Stacks on Chain is a comprehensive data platform for Stacks and Bitcoin Ordinals, including information on Stacks basic chain data, DeFi and Bitcoin Ordinals data.
Novum Insights
Novum Insights is a data analysis platform that focuses on DeFi protocols on Stacks. It can view data including Yield Farming income and user portfolios.
Other CityCoins
CityCoins is a project built on Stacks that empowers the community to improve cities while providing crypto rewards for individual contributors and city governments alike. CityCoins draws on the mechanism of Stacks to obtain Bitcoin rewards by staking STX . Users can obtain STX rewards by staking CityCoins. At present, Miami, USA has issued MiamiCoin (MIA) through CityCoins.
frens
frens is a Web3 client management tool that supports the Stacks network. Provides include Discord bots, community data dashboards, NFT loyalty program tools, and more.
HireVibes
HireVibes is a Web3 recruitment platform that provides STX, Bitcoin, etc. as referral rewards.
No Code Clarity
NoCodeClarity is a no-code development platform that supports non-technical people to build Web3 applications. It currently supports Stacks and will support Bitcoin Network and Bitcoin Lightning Network in the future.
Note Riot
NoteRiot is a Stacks-based private cloud note-taking platform that does not use a centralized server to store user-recorded content.
Tontine Trust
Tontine Trust is a pan-European pension insurance platform utilizing the Stacks blockchain for transparency and security.
Sustainable Bitcoin Protocol
The Sustainable Bitcoin Protocol aims to motivate Bitcoin miners to use clean energy for mining, and use smart contracts on Stacks to verify Bitcoins produced using clean energy.
Sigle
Sigle is a Web3 content platform based on the Bitcoin network and Stacks, and the content created by creators will be stored on Bitcoin or Stacks.
BTC
BTC.US is a domain name protocol on Stacks. Users can register a BTC domain name and bind it to a Stacks address or a Bitcoin Lightning Network address.
DESPREAD STUDIO
DESPREAD STUDIO is a domain name system built on Stacks, supporting .xck.app and .mixmi.app domain names.
