Stacks is an asset of a blockchain network designed for the Web 3 network and decentralized assets. The features and advantages of the project are ease of development, the use of a decentralized Gaia data storage network, a configurable not only Proof-of-Work mechanism, but also the reuse of hash power.

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Get a weekly glimpse into the Stacks Community's effort to unlock Bitcoin write via sBTC and the Stacks blockchain.

21 Startup Ideas for sBTC

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21 Startup Ideas for sBTC (Stacks Bitcoin Backed Asset) end 2023)
There is already active development in the ecosystem for many of these use cases. For the others, we are seeking founders to get involved. If you are interesting in building the next generation of Bitcoin DeFi products, please get in touch!

DeFi & Trading
1. Automated Market Makers - decentralized swaps between sBTC and other tokens.
2. Bitcoin Yield Aggregators - a protocol for yield optimization that automates investing in various strategies.
3. Bitcoin-backed Stablecoins - decentralized stablecoins to access liquidity.

Lending & Borrowing
1. Collateralized Bitcoin Loans - permissionless lending and borrowing.
2. Bitcoin Flash Loans - flash loan protocol for arbitrage and collateral swapping.

View the other 15 potential startups for Stacks in 2023 down below 👇

21 Startup Ideas for sBTC (Stacks Bitcoin Backed Asset) end 2023).