Hello, hello, everybody. Welcome, welcome, welcome. We've got a thrilling show for you today. It is going to be an exciting conversation with many guests, speakers. So bear with us for just a few moments as we get everybody up to stage to make sure that they are up ready for you.
We are up ready and microphones checked. I know we've got some new speakers as well. So a lot, a lot to cover today. I'll be your host, Kyle Ellicott, walking you through, again, this fantastic conversation about Bitcoin layers and the renaissance that we are receiving.
We are witnessing right now is a movement across the industry and more specifically across the category of Bitcoin layers. So again, just bear with us for just a moment as we have everybody up to the stage here and we get started as well.
We've got a few promotional items while we wait. If you haven't done so already, Bitcoin Unleashed. Building on Bitcoin will take place as a virtual event, February 15th. Make sure to go and check that out at BitcoinUnleashed.org. Sign up to be a speaker.
Make sure to get your ticket as an attendee. We've got a roster of speakers from across the world and throughout all areas of the Bitcoin layers who will be there sharing their insights, educating and talking about everything they see happening now here in 2024 and beyond up to the having and even further than that of what may occur when it comes to the Bitcoin layers ecosystem.
Also, check out hero.sohiro and their team today released a massive developer ebook talking about some of the latest happenings around building within Bitcoin layers. Very big opportunity and resource for developers and builders alike as well.
And just a quick note to correct myself, instead of February 15th, that's February 22nd. So this February, we will be taking on Bitcoin Unleashed, building on Bitcoin virtually. So mid February, we'll see you all there as well.
And we got me one or two more people, but nonetheless, everyone, welcome, welcome, welcome, welcome. I'm your host today, Kyle Alakot. We are here to talk about Bitcoin layers and the Renaissance movement that is building as an undertone throughout the industry of Web3 and very specifically around the Bitcoin industry.
And a big welcome to those who may be joining us for the first time and welcome to all to this week's crypto Internet show, which is our regular series talking about everything stacks, the broader ecosystem and building on today's topic, Bitcoin layers.
A number of headlines of massive activity that has happened really just in almost the last 48 hours throughout the ecosystem as we have one or two more speakers coming to stage stacking down shout out all around.
I've lost my audio board, so we'll come back to that later. But big megaphones, big celebrations for crossing over 14 million in TVL in only a month since its launch and now crossing the threshold of becoming the number two project in the ecosystem by TVL those stats out there promoted to you by DeFi Llama.
And in the number one spot, the Alex team as well. We have on stage, but I'm going to give a few headlines of news from them debuted some new feature called liquid staking also named Lisa Bitcoin Oracle API and in celebration,
Chinta and the entire team and Alex Rachel and everyone in between a shout out and congratulations on your two year anniversary of your mainnet launch, which we'll talk about shortly.
Electric Capital for those who haven't seen released their 2023 developer report Bitcoin Frontier Fund, which we have here on today announced their fourth cohort.
STX 20 saw over a million transactions, including those STX 20 and STX map in just over a month since their launch.
They've also integrated BNS as well. Rider Rider Rider, who will be joining us here shortly. Rider has introduced the fast pool, their largest staking pool with over 90 million plus in TVL.
Adding also future SPTC payments, liquid stacking and on and off ramps for that ecosystem. We saw mega DAO, fully on chain DAO built on stacks for the mega plant community go live.
Xverse debuted many different features, but one of note I wanted to bring to everyone's attention was inscribed GPT, the ability and feature to inscribe AI art on stacks directly through Xverse as well.
We also saw a number of ETFs get approved on the Bitcoin space. I'm sure everyone saw that. With that said, everyone, let's get started. There's a ton to talk about.
We also had a massive report come out today about Bitcoin L2s, which we'll get to a little bit later, but I'm joined by some of the best. I want to hear what's going on.
I'm going to start with you. Congratulations to you, Rachel and the Alex team. Two year anniversary of Mainnet. What has the last two years meant to you?
But more importantly, what does it mean in the Renaissance movement that's building around Bitcoin layers?
Thank you, Kyle. Hi, everybody. It's an honor to be here. Also, it's an honor to have survived two years.
This is a crypto winter. If you don't know me or Alex's project, Alex stands for automated liquidity exchange. We managed to launch on stacks exactly two years ago.
Two years past one day, we managed to launch with LaunchPath and AMM. We very quickly became the biggest device on stacks.
What has been really come to our direction is really, as Kyle said, the Renaissance of Bitcoin L2 started really with ordinal and the genius BRC20 coming our way.
So, Alex, you know, very quickly listen to the users, what the users want. We roll out a bunch of infrastructure to make sure that the Bitcoin economy is secure for you.
In particular, I think I want me to talk a little bit more about the Bitcoin oracle. And we also roll out a bridge, which is called X-Link. It's a bridge between Bitcoin and Stacks L2, as well as EVM, Binance, Smart Chain, two stacks.
So, at the end of the day, a lot of people, you know, ask, so what is Alex? And I like to say that Alex is really becoming the finance layer of Bitcoin.
Our goal is seamlessly integrate Bitcoin L1 asset with L2 computational capabilities.
So that's our, I would say that's our goal. And we work very hard for you, for the users, to achieve this goal, making sure that you have a Bitcoin native user experience, but not giving much of your Bitcoin security that the reason why you love Bitcoin that much.
So, Alex, I would say split into three parts. The first part is those DeFi primitives that we built on Stacks already for two years, Launchpad, AMI, Steaky, Farming. We also have an order book.
But on the infra side, between L1, Bitcoin L1, L2, we have the bridge, which is called X-Link. And we also have the oracle, which is really a consensus data layer for a Bitcoin L1 asset.
But this year, our focus will be yielding product, including what Kyle mentioned, liquid stacking, called LISA.
I like to say LISA is a goddess of liquid stacking finance for all. I hope you would embrace that together with me.
So the first year product will be liquid stacking, then we are coming up with a Bitcoin yield product, given that the Bitcoin economy is obviously thriving.
So hopefully we will have a very, very good 2024. Thank you, Kyle.
Absolutely. Thank you as well. And again, shout out to your co-founder, Rachel, and to the entire Alex team. You, as an organization, seem to be shipping new features weekly.
Maybe a little bit more sparse than that, but I'm going to give you the credit. It seems to be almost every week there's a new feature from the Alex team helping to really bring the glue together of some of those missing pieces or opportunities that exist throughout the ecosystem.
So shout out. We'll come back to that here in just a minute.
Dylan, Bitflow, what's happening? What's new? What's going on when it comes to DeFi in the world of Bitflow here in the turn of the year 2024?
Hey, Kyle. Yeah, thanks. It's great to be here. Bitflow is, for anybody that doesn't know, you know, I think if you want to think about Alex is maybe the Uniswap of Bitcoin, which I think is a great comparison.
Then Bitflow is sort of like the curve of Bitcoin. So we're trying to solve the problem of fractured liquidity across the ecosystem.
And thanks to some great partnerships that we have with X-Verse, Leather, Asigna, Alex, StackingDAO, and leveraging some technologies like PSBTs, Atomic Swaps, AMMs, Layer 2 scaling solutions like Stacks, Bitflow is able to offer decentralized swaps and sustainable
auto compounding Bitcoin yields, which we're very excited about. And we just launched on with a private beta three weeks ago and have organically grown our TVL from 30K to a little bit over 3 million.
So 100X there in our first couple of weeks and very, very excited for all the traction in the Stacks community.
And I think it's going to be a great year for everyone that's building on Bitcoin.
I just, I just want to add a footnote that I don't like people to tell me I'm a mom of two kids, many things. So Alex is not just Uniswap.
So Alex's layer is really the DeFi layer, the app layer between Bitcoin L1 and L2. Alex, AMM is Uniswap. Thank you.
It's perfect, perfect transition, Chanda, and thank you very much for clarifying. There's so much that Alex, again, has really built up to us, that finance layer as well.
And Dylan, I found my soundboard. So you and the Bitflow team, round of applause on that growth. That's huge. You're so modest in how you say it, but it is a massive opportunity, excuse me, a massive thing for you and the Bitflow team.
So we're going to hold there. I want to get to, Speaker, we don't, we're not lucky enough, I would say, to have on here very often and feel very honored to have her presence with a new PFP over there.
Andrea, welcome from BFF. Shout out, pleasure to have you on today's spaces.
Thanks, Kyle. Hi, everyone. Happy to be here. Yeah, happy to represent on the BFF side.
I know a lot of people don't necessarily know I'm also part of the team. Some of you do. But yeah, you know, we're, we're here. We're, as you mentioned, we just got a cohort for Kickstarter.
You'll be hearing more and figuring out which are the teams that are in the program this time around, but we're excited for, for what's to come. So happy to be here.
All right, we're going to tease you a little bit more. That's, that's, that's, that's too little of an intro. So Andrea, come back up. Don't, don't hide behind the stage there.
So I know we're going to hear about the companies within and shortly, but you and the team put a lot of time and effort, diligence, seeing, researching, speaking to all these different companies.
Again, we're talking about the movement that is Bitcoin layers here in 2024. What did you and the team look at? What did you see as trends in selecting these recent investments and the cohort soon to be announced?
You know, for, for us, this is the first time that we're going beyond just the, the stacks ecosystem and looking at the greater Bitcoin ecosystem and seeing what else is coming up and what are the, the trends and opportunities in, in the larger space.
And so with that in mind, you know, coming from the experience of having run the, what was formerly stacks ventures, the accelerator there, having learned a lot from that experience and going into this being our first cohort of the greater Bitcoin ecosystem.
There were a lot of things that we were definitely looking for in terms of, of the teams, the readiness, the timing of the market and the opportunities that, that lie in the space.
And so one of the trends that we got to see, and I believe this is also being like posted, if it hasn't already been on the BFF Twitter account, x account, sorry, is, you know, there's, there's a couple of things.
One, a lot of the teams that we have been seeing majority of them were just one founder. So we're still seeing a lot of teams that are missing that either co-founder components, having a team, which is something that's going to be super crucial to go into that growth stage.
Mind you, there can be teams or, you know, projects that can be launched with just one founder, but in order to really scale, especially at the speed at which this space moves, having a team is really crucial.
So that would be kind of like at the surface level, having a strong co-founder to rely on and to be able to change and switch kind of the multiple hats that you're going to have to be wearing.
So majority of those that went through our process were still one founder. A few of them, you know, were had the opportunity through the ecosystem, which I think is something that's great through the community to connect with each other and see how either their ideas can merge or how they could form something together.
Then going into the stage of projects, I would say there's still a good portion. I think the overall theme here, and it's very much related to the theme of the space tonight, is a renaissance, right?
And with that, what we're seeing is teams that are still very much in those earlier stages of their product and really trying to figure out that product market fit.
Having some good traction, because in the end, I think the community both on Stacks and in the Bitcoin ecosystem is very keen to jump on and start playing as soon as possible with whatever we have to offer.
So still some of those teams in those earlier stages. And, you know, what we're looking for at this stage for acceleration, based on what we've seen in the past work with this stage of teams, is we're looking for some of that initial traction that is going to set you up for success, right?
It's showing that there is potential. It's showing that it's the right time in the market. There is a good response from the community itself.
And some of those numbers, like what Dylan shared, are what we're going to be looking for in terms of potential.
So definitely we saw quite a few of those teams being in those earlier stages. And I will say, you know, it was definitely kind of slim pickings in terms of teams being ready for acceleration.
But we're very hopeful and we're very, very excited, actually. I think in this cohort in particular, we got the creme of the creme of what we're seeing in the space.
And based on what we saw coming up the pipeline, I believe in the next few months, we're going to see some other amazing superstars.
So this is just the beginning, as you said, of the ramp up to the bull run. And, you know, there are some other teams coming down the pipeline that they just need a little extra push before they're ready for that, you know, jump.
And I think in general, the biggest things that, you know, in terms of like themes that we are particularly looking at is definitely DeFi infrastructure and tooling, because that's where we see really the biggest opportunity currently.
Can that change in the next, you know, few months? Totally. You know, the space we know that it kind of throws us for a loop.
We're being very vigilant to see how these projects progress and how they continue to evolve and the traction that they get.
So, you know, we're always constantly learning and also updating the way that we view and the things that make sense for the ecosystem.
I think in the end, for us, it's the longevity and the success of the ecosystem. It's what matters most. And so that's what we're looking to support in terms of the teams and the projects that we bring on.
Perfect. Perfectly said. And we've got a few of the alumni here on stage as well. And Shanta, I want to come to you.
You and I were having a conversation a little bit ago earlier today around some of the experiments that we've seen in the last month or so around Bitcoin layers.
Whether that be STX 20 or BRC 20 and other standards, again, very experimental, new in their phase. How do you see these, again, experiments because they're new, contributing to the growth of Bitcoin layers and its ecosystem over the next year, year and a half, as Alex has put in some new tooling and features to support, again, some of these early experience.
Sure. I think we all love Bitcoin because it is obviously most immutable and decentralized layer blockchain. But I think most people outside this space didn't realize that Bitcoin is not a smart contract layer.
So it is a data ledger you can just send and receive. That's pretty much what it can do. And it's very, very different from Ethereum.
So with this arrival of ordinal, then arrive this really, I would say it's really genius BRC 20 token standard, right? You know, you create a fungible token standard out of a non-fungible token standard, you know, dojo is a creator.
For us, it's just, you know, revolutionary. I think what's more, I would say, out of the imagination of a builder like us is the speed and also the enthusiasm of the users and the market.
So here we are, you know, we are a protocol. We are not just tech people. So we need to listen to our users what they want. They want BRC 20. Okay. But as most of us builders here understand that, again, because Bitcoin is not a smart contract layer, Bitcoin doesn't understand the sequencing, for example.
But for a fungible token, the sequencing is really, really important because at the end of the day, you know, how much you spend, how much you receive, at the end of the day, that's how much money you have in your balance.
So most of, actually, I would say, at that moment, almost all, we call it Bitcoin L1 derivative assets, such as BRC 20 and room, we are hoping room to arrive very soon. And there are other, you know, other kind of token standard that, you know, currently being experimented on Bitcoin layer.
Almost all of them depends because they are meta protocol. So they are not on Bitcoin.
So they rely on option indexers. What it means is that these option indexers, number one, you do have, you know, centralization risk, right? So this one option index, you know, record keeping this ledger and the other one, we call keeping the other ledger.
But what is the ultimate, you know, source of truth? What we mean by source of truth is that what if two option indexes that they disagree with each other? So what happened, right?
And this happened before, I think, a few weeks ago, I don't know if people we have been, you guys have been following on Twitter, that there's this, there's this BRC 20.
Co already that on finance half wallet, one was recorded 300 million, the other one, the other indexer was recorded 100 million, right? And think about if you have, you know, you know, New York Stock Exchange, and you have one company, let's say, Apple, and then the, you know, the stock outstanding recorded differently is a huge, huge issue for,
for the users. So really, what's important is we realized that the important is to build a consensus layer for Bitcoin, for this Bitcoin L1 derivative asset. So ultimately, that's what Bitcoin Oracle is. I'm sorry, I'm saying so much. Can you just shut me down?
This is perfect. This is great. And so for those who don't have context, there's so much happening, I'm understating, along with how much is happening in this space. And, you know, I call them experiments because they get they are very experimental, they're new technologies, they're new pieces of this infrastructure and tooling to Andrea's point.
And so there's just so much. And it is very exciting, whether it ruins STX at 20 BRC 20 and others. So keep going. I mean, I'll give you another minute or two. And then I got Dylan, I got a big question for you. And Andrea, another one as well. So I'll let you finish out. But no, you're, you're good.
All right, great. So I'm just going to use this to wrap up this Bitcoin Oracle. So this is basically a consensus layer on Bitcoin for any meta protocol. It can be your BRC 20, ARC 20 rule or whatever you throw at the users.
Okay. And that's why STX is so important because that is a layer too, which is tied need to Bitcoin layer that you can read Bitcoin state. We really utilize the STX smart contract to verify on-chain. And not only we verify the events on-chain, but we also store the data that being verified on-chain.
So what happened now is that you have all these, you know, truths being stored on-chain by Alex of Bitcoin Oracle. As a developer, are you building an app? And Andrea, please tell you a cohort four. If you're building app, building wallet, whatever, we already roll out the API.
So you come and it's on demand. So you could just pull that particular, you know, truth or that record, that data on-chain for your usage. So it's a little bit technical, but you know, Chang is our CTO and he just, you know, explained to me and we really get really, really excited because it's not so much commercial.
This infra, because you know, AMM is easy, right? You create a pool, you know, could you provide a comp, your platform charge some, could you provide a get some and then, you know, the fee being, you know, shared. So the economic is very clear for builders.
But building this Oracle at the end of the day is how we want to contribute and also making sure that this Bitcoin economy is secure. Now, nothing is as secure as Bitcoin, right? But we are trying to help users.
And those are these markets, this billion dollar market, optimal point where we think is most optimal, optimized for the users, for the market that, you know, you know, we use this Oracle making sure there's a consensus layer so that you are all the L1 asset somehow can be as secure as it can be.
Let's put it this way. So that's the Bitcoin Oracle. And, you know, please follow our Twitter and go to our medium. And there's also a website for this Oracle. You can see all these indexers, they are, you know, they submit in the indexing on-chain and we verify it's really cool stuff.
It can be a little bit geeky, I have to admit. I mean, talking about this side is much more exciting. But I'm going to shut up here.
I love every moment of you're geeking out. This is perfect. It's rare that you get that chance to do it and I appreciate you doing with us today here. And you know, speaking of some of that optimization, Dylan, love to hear some thoughts from you.
When it comes to, as Chinta mentioned, launch of ordinals almost a year ago now to date when we saw the first few sets of inscriptions really come to fruition fast forward.
We had fees on the Bitcoin L1 up more than 280% year to date as of December. So just a few weeks ago, you know, that's not sustainable.
We need more pieces in these layers, in these stacks. We've got over $850 billion in dormant capital on the BTC side alone that may have the opportunity to move later this year.
What do you see as the pathway to optimization? And maybe what has been part of that process for you and Bitflow, seeing that growth very quickly from 300, or excuse me, from 30,000 over to 3 million TVL.
Well first I want to say that I want to hear more from Chinta about about Lisa. I wish that she didn't stop talking about it.
We got a whole spaces, we got a whole spaces coming up in the next week and a half. I'll preview it for everybody. Just big spaces coming up around Alex's feature launch of Lisa, also stacking DAO and their liquid stacking protocol, in addition to what Alex is doing with X-Verse and Rider on liquid stacking.
So do not fear, it is coming. It is a part of the Renaissance series of spaces that we're going to be doing this month and into next. So there you go.
Yeah. And then yeah, to answer your question, I mean, it's just been amazing to see what ordinals have done for the culture on Bitcoin.
It's, you know, a lot more believable of a story that the network is going to be able to sustain itself based on transaction fees alone.
And, you know, some of the activity is going to be priced out of the layer one, it's going to have to move to layer two.
And I think the people that are focused on, you know, the integration of L1 and L2 are, you know, are primed for success, like going into the next bull market and the cycle beyond that and after that.
And then, you know, from the Bitflow perspective, we get to benefit from some of the things that, you know, Alex has been around for two years, just celebrating their two year anniversary.
And, you know, we get to build some infrastructure even on top of Alex, which I think is great.
So, you know, for example, you know, it's great to see more liquid stacking or liquid stacking protocols being built, right? You have the stacking DAO, you have Lisa, you have Papaya.
And then with Bitflow, you can you can route these liquid stacking tokens, you know, maybe some of it through Bitflow pools and some of it through Alex pools so that each one of these liquid stacking tokens is paired with everything that's on stacks.
And you get the most efficient routes for that as possible, right?
So yeah, you know, standing on the shoulders of some giants, but I'm really, really excited about the progress that we made in a little bit, just a few short weeks here.
And then what's coming up for us is we are opening up next week, a little bit of alpha here, opening up from our private beta to a public launch for the Bitflow protocol.
And of course, it's point season. So there will be a number of different pools that we're adding and a lot of different ways to earn points.
And yeah, like I said, excited to route some of those trades through Alex as well. I think it's very much a win-win for everybody in the ecosystem.
Absolutely. And I also have seen a few headlines around multi-sig features that have come out with a few of the applications in the ecosystem.
I see Yxigna join in the crowd as well. So shout out to them and their efforts around multi-sig as well.
And Andrea, you know, I want to come back to an area of focus that you mentioned, which is tooling when it comes to Bitcoin Frontier Fund and part of that thesis focus going into cohort four.
As I mentioned, Ordinals really came to light in January of 23. First inscription was December 22.
But since we have been on this massive cultural shift throughout Bitcoin layers, really leading this Renaissance that we've been discussing today and will continue to discuss the rest of the year.
But also, I had the chance to put together a massive research report with Spartan Group and Spartan Capital.
And in our efforts of researching this entire ecosystem from the L1 through the application layer and really focusing on the opportunity around L2s, we did notice a very big opportunity for those looking to build, those looking to support and get started.
And that was the middleware market, the opportunity of tooling to connect into those application layers.
Talk to us if you can a little bit more about tooling and what's getting you excited. Are you seeing that same cultural shift and also that desire for tooling and middleware throughout?
Yeah, I would say 100 percent. And that's kind of spot on. We're seeing very clear use cases in terms of DeFi and in terms of the wallets.
And those, I think, would be kind of the usual suspects going into where we're at today.
And moving forward, what we do need, as you said, it is that middleware. That's the biggest opportunity and the biggest gap.
And even going through this last selection process, there were few and far between opportunities for us to really tap into and support teams building those things.
So I think in terms of what we're excited about, I mean, generally speaking, looking at the tooling.
I'm trying to think of like out of the portfolio companies that we've had who would be like great examples of that.
But I think just looking into these next few months and going into the bull run and opportunities for founders would be.
Let me see. I mean, we have like 60 something plus like investments made so far. So I'm having a hard time like pulling up some examples.
What would be what I would love to know in that no names, maybe some tease outs of some of those in cohort four.
No tease outs, no names, nothing just from a tooling perspective. Are you looking at things around SBTC around signers and multi-sig and custody?
Are you looking at the data layer? Give us some of those maybe key words as there are so many builders listening on here that I know are excited to potentially be a part of BFF in the future.
So just maybe some category names would be huge. Category names, let's see.
I mean, we've got we definitely have like wallet, multi-sig. I guess we could go with that.
We've got screening tools for trading that could potentially evolve into something a little bit more advanced.
Mind you also, guys, for everyone listening, you know, a lot of the teams that we bring on at this stage, the idea is that they come in.
As I said, they do already have some traction, but at the same time, we help them really hone in on what the product should be.
So even though they just started, some of these could use a little like tweaking to make sure that, you know, they're they're hitting the right spot and getting at the right opportunities.
Yeah, let me see. There's a couple I can't really say yet because we haven't like finished like finalizing the deals with them.
So I can't I can't really like mention anything that might kind of give away or hint at that.
It is a small cohort and going into this, this accelerator. So yeah, you'll have to wait for the announcement.
Well, in that case, I'll be the bad guy. I'll throw out some some category names that may or may not be in the cohort.
I'll I'll just say that. So if anything slips, it's on me. But in that research, some of the things that Spartan and I noticed as well was a lot of activity around roll ups of all of both types, whether it's sovereign or ZK.
We're tracking one, two, three, four, five, six, seven, eight, almost nine different roll up companies that are working within that space.
I saw a number of protocols 20 plus that are still figuring out maybe where they fit within the defined category of of a protocol if they're an L2 if they're 1.5 if they're an L3 also crossing bridges now tracking over I think 10 different bridges across different networks.
I make that 11 with excellent shout out to you and the team as well. I mean, there's 12345678 different token standards.
I already mentioned BRC 20 you got to a 1721 E yet CBR CB RC 20 RC 20 RC cash brooms SRC 20 as well so a lot I know there's a lot of activity around DLCs right now as well and then maybe just maybe just maybe a little bit more in the defy space as well.
You kind of covered so I mean, I guess, like I said, you know, getting into what the BFF cohort will look like. Yes, definitely. All of the above are part of the ones that you've mentioned are definitely part of it.
But there is a lot of activity and a lot of builders coming into the space and, you know, as Dylan said, the ordinals Renaissance really did a lot for the builder culture around that in terms of what our cohort is going to look like it will be a mixture of some of those things.
Perfect. And again, I'm the one that threw those out there, not on you. We'll wait for the big announcement from you and the team is going to be exciting and this, these are some of the categories I just noticed in my research with Spartan.
So again, I don't I don't want to get anybody in the drum Andre I appreciate just just sharing the insights of what you and the team go through and what you are also excited about for those that are listening.
If they do want to apply for Bitcoin frontier fund BFF, maybe cohort five, six in the future. Where can they go to learn more how can they get in touch with you where can they connect to be a part of that next series in the Renaissance.
Yeah, great. You can definitely go check out BTC frontier dot fund. Currently the application is closed but we're going to be changing that with a get on our radar form so that way, you know, even if the cohort application isn't live we still want to hear from all of you.
We like to say that it's better for us to get you on our radar sooner rather than later because we can, you know, help support you even at those like early early stages with taking a couple of calls and seeing where you're at.
Our goal is always to add value and support the teams looking to build in the space so there's any way that we can help, even if you're not part of the cohort.
We're happy to support. You can also check us out BTC frontier fund here on X. You can follow some of our team members as well.
Jake blockchain is our sourcing partner. He's the one that definitely goes through the first filter of some of the teams that come through.
And as you guys probably know Trevor Owens is our managing partner so a lot of the teams that get on our radar also come through referrals so you know if you know know someone definitely DM us and we'll be happy to, you know, take a call get you on our radar and start checking out what what you're working on.
If you know, you know, as they say so thank you very much, Andrea, definitely check out BFF on X, make sure to connect with Andrea, Jake, Trevor, Kevin and so many more a part of that team as well.
Shanda Alex two year anniversary. Congratulations again on mainnet celebrated work. We're going to go to learn more about Alex xbridge and all the exciting features that you Rachel the entire team have.
Alright, so, um, you know, the first place you could go is Alex go.io. And from there, you pretty much can access all the, I would say, functionalities, as well as the ecosystem partners that currently we are building.
Yeah, so I think that's the best place to go.
And obviously, you know, X is our town hall. We always announce those, you know, milestones. Good news or bad news.
And on Twitter on X as and then at this court is more, you know, we are 55,000 very enthusiastic uses are when they have problems when you know stockman naked, you know, checked up again because of the XTS 20.
So these are the few places that we interact with our community.
Okay, XTS 20. I forgot to mention, so currently we are working with two extremely smart group of people, one of them right here to onboard into indexer for two indexes for XTS 20.
So hopefully the endpoint will be shown very soon being very fine then we can start having a member pool for XTS 20.
All right, all right, all right, exciting. I'm glad you let the head out just at the end here, Diego I think we had you just join up so quick closing thoughts I want to throw it over to Dylan, as well.
I want to throw it to you closing thoughts and where can everyone find bit flow to engage and support you and the team going forward.
Yeah, sure, you can go to bit flow finance. I used to send people to the waitlist but there's really not much of a point of a waitlist anymore for opening up next week right some very exciting new.
I got some new tokens coming to the stax chain pretty soon. And yeah, some exciting new pair is going to be available for you to earn a yield and earn points without really the risk of impermanent loss because we're focusing on stable swaps at first.
Bit flow dot finance. And then if you want to make sure you're updated with everything that's going on.
Next week I would say, check out that that green Twitter profile down there in the audience to set those alerts and and get ready for some fun.
I love it. And as today's conversation has been had and we've talked a lot about different experiments and different pieces of infrastructure and this is not financial advice this is all education for educational purposes, only please do your own research on anything mentioned today.
With that said, a big thank you everyone for tuning into this week's crypto internet show. If you would like to tune in live, ask questions or join the conversation, be sure to follow stax here on Twitter slash X and tune in every week at our regular time 5pm eastern on Wednesdays.
And again, building on Bitcoin February 22nd, check out Bitcoin unleash.org. Also check out hero.so for the latest ebook that they just released for developers.
And the report that I mentioned in co authorship with Spartan and the Spartan group, all about the Bitcoin layers and the L2 opportunity and thesis. Check out Bitcoin layers report.com.
That said everyone have a wonderful day and until next time I'm your host, Kyle Akat, take care.