The Stacks Ecosystem is a vibrant community and ecosystem that includes independent entities, developers, and community members working to build a user-owned internet. The main objectives and vision of the MENA chapter are to educate a new generation of blockchain developers, build broad awareness, expand the user-base, and extend the accessibility to Stacks in the region through partnerships, entrepreneurial events, summits, hackathons, and other activities.
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By 'Stacking', or locking* STX to the network and sending periodic transactions, STX holders actively support consensus, further securing the network and earning regular bitcoin (BTC) rewards. Stacking is a new, more secure way to earn bitcoin without the need to build costly mining setups, leverage 3rd-party DeFi products built on potentially insecure Solidity contracts, or get involved in centralized lending schemes.
With the Stacks 2.0 launch, over 300,000 STX holders will be able to earn BTC in by holding STX.
*dynamic minimum number of tokens applies