wild that $STX was the first coin to run an sec qualified token offering open to regular people, including the us most people forget that and just file it under random bitcoin layer two tbh the idea is smart contracts and apps that use bitcoin as the asset and settle back on the bitcoin chain stacks reads the full bitcoin state through proof of transfer and its own language called clarity, which is built for safe contracts the piece i actually care about is sbtc, a 1:1 btc backed asset you can move in and out of stacks if btc defi ever gets real usage this is one of the few places it already lives imo flip side, its still way under the high it set last cycle so plenty of old holders are waiting to exit ever bridged btc there ?