Stacks is the leading Bitcoin Layer 2 protocol that brings smart contracts, DeFi, and decentralized apps (dApps) to Bitcoin—without compromising its security.

💰 Token Name and Symbol

• Name: Stacks
• Symbol: STX
• Utility: Used for transaction fees, smart contract execution, governance, and staking within the Stacks ecosystem.

🎯 Purpose

• Enable smart contracts and dApps to run on Bitcoin.
• Activate Bitcoin’s $1T+ latent capital by making it programmable.
• Bridge Bitcoin’s security with modern blockchain functionality1.

👥 Who Is Behind the Project

• Originally launched as Blockstack in 2013.
• Co-founded by Muneeb Ali (computer scientist) and Ryan Shea (engineer).
• Backed by top-tier investors including Union Square Ventures and Winklevoss Capital.

🤝 Partnerships

• Collaborates with infrastructure providers, exchanges, custody solutions, wallets, and market makers.
• Supported by the Stacks Foundation, which facilitates grants, technical integrations, and ecosystem growth.

🔐 Security & Audits

• Anchored to Bitcoin via Proof-of-Transfer (PoX), leveraging Bitcoin’s Proof-of-Work for security.
• Transactions on Stacks are as irreversible as Bitcoin’s.
• Regular audits and integrations with security partners ensure robust protection.

🚀 Potential

• Unlocks Bitcoin-native DeFi, NFTs, and Web3 apps.
• Offers scalability and composability without sacrificing decentralization.
• Regulatory clarity post-SEC investigation in 2024 has boosted investor confidence.

🌍 Community

X

Website