STX (STX)

Overall, a project I like that doesn't have performance at its strongest time, $STX. If BTC strengthens and there are developments, it could of course be reflected, or the opposite. I'm leaving its view in a wide term‑step format https://t.co/OPQ1a3nLh4

Address poisoning scam on Stacks. Heads up 👇 An automated bot is running address poisoning on Stacks. When you send tokens, it spawns a lookalike address (same first/last chars as your recipient) and pushes a dust tx to plant it in your history. Later you copy the wrong one and funds go to the attacker. Scam address: SP2Z0V6KWDW82V6YDHHKH6E8M010PWEXAPX711XWR Always verify the full address, not just the ends. Use saved contacts. https://t.co/p0HCmbDdcL

$STX breaking the 50 day https://t.co/fgVuDPxj4a

📌 Stacks Monthly Ecosystem Update (Must-listen recording) ◆ Key Highlights Monthly town hall hosted by Kate, Stacks Labs Content Lead. Shared updates on Bitcoin staking progress, Treasury Committee results, and major app updates. · Presenters: Alex Miller, Rick, Claire, Rena (Endowment), Tycho (Zest), Diego (Bitflow), Publius (AIBTC) ◆ Bitcoin Staking & SIP Progress (Alex Miller) · All security reviews completed and modifications incorporated · Official audit reports from two auditing firms to be released soon · SIP has virtually reached its final version · Voting to proceed in July; if passed, PoX-5 will be applied via hard fork by end of July ▸ Important for STX Holders · All STX lockups will be automatically released during the hard fork · Re-locking is mandatory · The first cycle will be an STX-only staking cycle · In the initial few cycles, Bitcoin bonds will be absent or minimal, so STX yields are expected to be much higher than usual ▸ Market Perspective · Crypto market downturn has persisted for the past few months · Consensus is forming that we are returning to a 4-year cycle · Cycle bottom estimated for early September to October · Ensuring the launch of Bitcoin staking aligns with the market recovery period to secure runway ◆ Marketing & Growth (Rick) · Significantly expanded Stacks exposure in key search terms such as self-custody Bitcoin yield and Bitcoin-native finance · High ranking for productive Bitcoin-related queries in AI prompts/searches · Stacks is preempting the "Bitcoin Native" category · Major overhaul of Stacks platform, including website, is planned · Multiple major app announcements expected in July · Institutional accessibility complete, including Coinbase Coin50 Index ranking 40th, Grayscale Trust, 21Shares ETP, and Fireblocks integration ◆ Foundation Grants & Governance (Claire) ▸ Interim Grant Achievements · Voltify, Runes Capsule mainnet launched · Degen Labs mobile app live on Google Play · Stacks Agent gaining developer traction · BNS1 social login flow live · Boom activated 70+ merchant storefronts · Full recap blog post coming soon ▸ Governance · SIP-045 and SIP-044 (Clarity 6) to proceed in the same voting window · Connection flow built into the Ballot platform (two votes in one session) · This week is CAB voting week · Zero Authority team supporting CAB member onboarding ◆ Treasury Committee Q2 Results (Rena, Endowment) ▸ Market Conditions · Crypto market downturn since the beginning of the year, with approximately $220B flowing out of the global crypto market in Q2 alone (liquidity shifting to AI/stocks, etc.) · Stacks, as a high-beta Bitcoin asset, fell approximately 25% in Q2 · Bitcoin drawdown is on a 4-year cycle, declines last 12-13 months, and rebounds accelerate faster than previous cycles (2018, 2022 cycles validated) ▸ Treasury Management Principles · Long-term treasury (on-chain locked assets) remains untouched · Short-term holdings of 112 million STX to be used as operating capital for the next 12 months · The endowment aims for a 10-25 year lifespan ▸ Two Notable Signals · BlackRock IBIT: Recorded the largest single-day inflow of its two-year ETF operation this quarter → Institutional capital has not dried up · In May, STX saw a single candle spike of $0.32 on Binance market → Increased miner bids expand reward capacity for 2-week cycles → Market buying pressure = directly linked to expanded bond issuance capacity ▸ Bitcoin Staking Opportunity · ETH/SOL staking market: $38-50B in assets · Total Bitcoin staking: Less than $2B · Standing at the forefront of a huge untapped market · Fireblocks integration completed, securing infrastructure for institutional access to Bitcoin bonds · UTXO Management (Nakamoto Asset Management division) is the first partner ▸ Grant Program · All Q1 grantees are in Milestone 3 (user activation phase) · Q2 grants closed, selection announcement expected this weekend (DeFi, Perps, RWA, Agentic, Privacy tracks) · dGrants revival: 3 stewards selected, community operations maintained ◆ Zest Protocol (Tycho) ▸ Token Related · Binance Futures listing in June (most important liquidity for new tokens) · Followed by Bitget, Bybit Futures listings ▸ Product Updates · Swap interface introduced to Zest web app (STX can be used to purchase ZEST, based on Bitflow pools) · 785 sBTC deposited, approximately 1.6% APY · USDCx borrowing rate approx. 2% → Effective cost of BTC-backed borrowing approx. 0.2% (Lowest level across all crypto) · Whale case: 50 sBTC collateral for 1.6 million USDCx borrowing · Bear market liquidations handled successfully, 0 non-performing loans maintained for 2 years · Bitcoin Collateral Vaults undergoing internal testing ▸ Bitcoin Staking Linkage Outlook · Bringing staked Bitcoin yield on-chain creates Bitcoin yield/leverage yield use cases · Bitcoin anchor assets with percentage yields are unique to this ecosystem · Other chain BTC DeFi yields: 0-0.1% level · Stacks: 1-3%, up to 6% with leverage · Related product announcements expected within weeks ◆ Bitflow (Diego) · Cumulative processed trading volume surpasses $3.3B (swap + liquidity + aggregator) · HODLMM swaps alone approaching $300M · Capital efficiency: Zest pool 30-day volume $2.78M / TVL $100K → 28x volume/TVL ratio · USDh pool 30-day $1.2M, approx. 10x ratio · ZEST price surge reached ceiling, second pool activated · HODLMM is establishing itself as a repeatable launch infrastructure · Infrastructure: 99.9% uptime, pool data API response time under 1 second · Agent dashboard launched (AIBTC 1,000+ agents registered) · BFF Army Education Hub: Dozens of bootcamps, approx. 800 participants, approx. 600 new wallets, confirmed inflow to Zest/StackingDAO, etc. · Leo token to be launched as HODLMM's first memetoken in July (12,000+ holders, no bridge required) ◆ AIBTC (Publius) · "Bitcoin will be the currency of AI" · Create agents at https://t.co/DfKUnAuRIY, interact with 1,000+ agents · Supports Bitcoin L1 + Stacks + Lightning (99% of usage on Stacks) · Approximately $25,000 worth of Bitcoin has flowed through agents to date · AIBTC Legions concept to be unveiled (within 1-2 weeks) - Bitcoin pools controlled by agents through capital-weighted voting - First case is AI inference legion - Send BTC to receive AI inference service, 8% fee goes to treasury · Forecasts "by 2030, 99% of crypto transactions will be performed by agents" ◆ Conclusion · Bitcoin staking (self-custody BTC yield) to launch this summer · Updates to continue at next month's town hall