Bitcoin is getting an upgrade from the outside. @Stacks is building a modular Bitcoin L2 that’s: 🔹 Powered by SIPs (Stacks Improvement Proposals) 🔸 Built for apps, assets, and capital at Web3 speed 🔹 Designed to unlock DeFi on $BTC SIP-031 is the next big step. Here’s why it matters 🧵

So, what is SIP-031? It’s a long-term capital strategy designed to fuel Bitcoin-native apps, compete with top ecosystems, and back builders with real firepower.

Emissions are expected to rise from 3.5% to an average of 5.75% annually over the next five years. Here’s the breakdown: 🔹 Starts high (~7.4%) and tapers down each year, not indefinite inflation 🔸 Majority of emissions are allocated upfront to bootstrap growth 🔹 Total emissions remain lower than most top-50 chains today It’s a structured capital release.

What does it unlock? 🔹 More sBTC and STX liquidity 🔸 DeFi-native UX (gas fees in BTC, yield features, etc.) 🔹 Dev adoption and user growth 🔸 Infrastructure and wallet coverage It’s a playbook you’ve seen before from @avax to @SuiNetwork. But this time, it’s Bitcoin-backed.

Stacks runs on Proof of Transfer (PoX). 🔹 Miners forward BTC → mint STX → write to the chain. This ties Stacks directly to Bitcoin for security. 🔸 Stackers lock STX → earn BTC yield. Capital, consensus, and commitment are measured on-chain.

Stacks is already showing signs of a breakout: 🔹 $180M+ TVL peak 🔸 4.4K BTC spent in PoX 🔹 1.6K+ unique Stackers 🔸 60M+ STX queued for the next cycle SIP-031 isn’t the beginning. It’s the multiplier.

Most chains dream of this kind of cap table. Stacks raised $95M across seven rounds, backed by the who's who of crypto VC: 🔹 @DCGco 🔸 @winklevosscap 🔹 @ycombinato 🔸 @TheSpartanGroup 🔹 @usv 🔸 @blockchaincap 🔹 @FoundationCap 🔸 @HashKeyGroup 🔹 @snzholding

Stacks isn’t just a Bitcoin layer. It’s a fully-funded ecosystem with a clear roadmap, onchain governance (SIPs), and real traction: 🔹 $95M+ raised across 7 rounds 🔸 Backers: @HashKeyGroup, @usv, @snzholding and other 🔹 497M STX stacked 🔸 4,470 BTC spent 🔹 611 BTC burned All running on Bitcoin security.