An awesome altcoin for the medium-term outlook.
Stacks
$STX - the leading layer-two protocol for the Bitcoin network, allows leveraging its liquidity for loans, staking, and creating decentralized apps - without altering the base code of Bitcoin itself.
What's interesting?
• It connects the STX and BTC economies. Miners spend BTC to mine Stacks blocks and earn new STX tokens.
• You can stake STX directly on the network and earn BTC income.
• The anticipated launch of the self-custodial "wrapped" Bitcoin - sBTC - will enable safe liquidity movement of BTC.
• The upgrade increased speed by 30 times, solving the long wait problem with BTC.
How do they make money?
1. Fees are paid in tokens
$STX .
2. Funds are allocated to liquidity pools and grants to generate long-term profits.
3. The growth in the volume of locked funds in lending protocols and DEXs based on Stacks generates revenue for developers and the ecosystem through liquidity pool fees.
Forecast - by the end of 2027 - +3,500%, with the implementation of sBTC. Right now, the coin is "at the lows" due to the overall situation - a great buying opportunity. Even if the amount is modest - a 3,500% increase is a solid incentive.
$STX DYOR
#STX