The Stacks Endowment SIP (031) aims to supercharge the @Stacks ecosystem. A community-governed fund will support builders across diverse use cases such as DeFi, memecoins, NFTs, gaming, AI, infra & more. Transparent grants, community oversight, and a focus on innovation 🧵👇
1/ DeFi on Stacks: Bitcoin’s Next Frontier sBTC unlocks Bitcoin’s programmability for DeFi. The SIP allocates incentives and working capital for: 🔶 Liquidity for DEXs 🔶 Grants for DeFi protocols 🔶 Staking rewards to boost TVL 🔶 Stablecoin and cross-chain support
2/ Memecoins: Fueling Community Hype Memecoins drive adoption. The SIP supports: 🔶 Launch grants for TGEs (SIP-10 standard) 🔶 Liquidity for stable trading 🔶 Marketing to spark awareness A viral Stacks memecoin could onboard thousands to DeFi and NFTs
3/ NFTs: Enabling Digital Creativity Stacks NFTs bring artistic vision to Bitcoin. Builders get: 🔶 Grants for marketplaces and collections 🔶 Rewards for artists 🔶 Liquidity for trading platforms A breakout NFT project could put Stacks on the global stage
4/ Gaming: Building Immersive Experiences Blockchain gaming with sBTC and STX is transformative. The SIP offers: 🔶 Grants for play-to-earn or AAA games 🔶 Player rewards (tokens/NFTs) 🔶 Integration for in-game economies A breakout Stacks game could onboard millions
5/ Consumer Apps: Driving Mainstream Adoption Make Stacks user-friendly with: 🔶 Grants for wallets and social apps 🔶 Onboarding campaigns 🔶 Marketing support A killer app could bring sBTC & STX to the masses
6/ AI: Innovating with Bitcoin’s Security AI on Stacks combines security with programmability. Support includes: 🔶 Grants for AI tools and compute platforms 🔶 Rewards for tokenized data markets 🔶 API and integration support An AI app could redefine Web3
7/ Infrastructure: Strengthening the Foundation Scalability needs robust infra. The SIP funds: 🔶 Tooling (APIs, SDKs, bridges) 🔶 Rewards for node operators and Signers 🔶 Stablecoin and oracle integrations Solid infra enables thriving apps
8/ Content Creators: Amplifying Awareness Creators drive adoption. The SIP backs: 🔶 Grants for videos, blogs, tutorials 🔶 Influencer collabs 🔶 Educational campaigns Great content can onboard new users to Stacks
9/ Novel Ideas: Pushing Web3 Boundaries Got a bold new idea? The SIP supports: 🔶 Grants for experimental projects 🔶 Prototype incentives 🔶 Dev tools and marketing A Stacks innovation could redefine Bitcoin’s role
10/ Governance: Community in Control Transparency is key. The Treasury Committee, guided by community votes, ensures: 🔶 Open proposal process 🔶 Regular fund allocation reports 🔶 Stakeholder input This keeps the ecosystem fair and impactful
11/ Treasury Breakdown The SIP allocates: 🔶 20% for growth and marketing 🔶 31% for incentives 🔶 27% for working capital This fuels grants, liquidity, visibility, and tech support for builders
12/ Why It Matters The Stacks Endowment SIP empowers all builders to make Stacks the leading Bitcoin L2. From DeFi to AI, gaming to NFTs, this is about unlocking Bitcoin’s full potential with community-driven innovation!
Show original
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.