Stackers, the SIP-031 hard fork has activated! Hello Stacks 3.2! 🎉
This upgrade marks the beginning of a new growth era for the leading Bitcoin L2 and major milestone for the best community in crypto 🧡
The 3.2 upgrade implements updated Stacks consensus rules outlined in SIP-031, a proposal that saw community-wide input and which was ultimately approved with over 97% of votes in favor of the SIP.
The implementation of SIP-031 creates a new growth focused Stacks Endowment— bringing a major new set of resources for:
🔸 Marketing efforts
🔸 DeFi incentives
🔸 Community + builder incentives
🔸 Much more!
The Stacks Endowment address is SM1Z6BP8PDKYKXTZXXSKXFEY6NQ7RAM7DAEAYR045 and you can now find the contract live in the Hiro explorer!
We're thrilled to see what new community-based growth initiatives will launch in the near future, but there is plenty to get involved with TODAY! 👇
USE STX is a daily contest in collaboration with @DeOrganizedBTC to help highlight new and innovative ways to use Stacks.
STX DEFI SZN is a collaborative effort with leading Stacks BTCFi protocols with over 50,000 STX and NFTs in prizes.
Now, the real work begins 💪
The Appointments Committee will now establish the Treasury Committee which will begin allocating funding as outlined in the proposal.
A full timeline of what's next can be found here:
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