Biweekly Report [2H May 2023]

Stackswap
3 min readJun 9

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(Disclaimer: The contents are subject to change without prior notice, and under no circumstances can it be used as evidence of legal responsibility for investment results. The information provided here does not constitute investment advice. If you have any questions, please contact the Stackswap team.)

Hello, StackSwap Community.

Progress Report

> Stackswap Dashboard (at block number 108,208 )

> Messari report — Q1 2023 Stacks of Stacks

https://messari.io/report/state-of-stacks-q1-2023

Messari has published a report on the status of the Q1 stacks in 2023.
According to the report, users using Stacks and the value of their tokens have increased significantly.

Average daily transactions increased 34% QoQ. Average daily active addresses increased 35% QoQ, STX’s price increased 330% QoQ from $0.22 to $0.93, far outpacing the total crypto market cap’s increase of 46%. STX ended Q1 at its highest price in nearly a year.”

In addition, through Ordinals and Inscription, it has been proven that there is a great demand for NFTs, FTs, DeFi, marketplaces and more within the Bitcoin ecosystem, and it is reported that Stack’s additional features and Bitcoin compatibility will meet this demand.

Portfolio LP Token Update

An additional update has been made to the portfolio section (viewed by clicking on the Wallet button on the top right). Prices for LP tokens, determined by liquidity pools and the token prices wihtin them, will now show up in a portfolio summary.

> Stacks Accelerator Verified Tokens: 10

  • Stackswap (STSW)
  • Stacks (STX)
  • Arkadiko Token (DIKO)
  • Arkadiko Stablecoin (USDA)
  • Miamicoin (MIA) v1
  • Miamicoin (MIA) v1
  • Newyorkcity Coin (NYC) v2
  • Newyorkcity Coin (NYC) v2
  • Lucid Bitcoin (lBTC)
  • HireVibes (VIBES)
  • ALEX Token (ALEX)
  • auto ALEX v1 (atALEX)

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Stackswap

The First Complete DEX leveraging the Bitcoin network