Stacks DeFi WG - Intro Thread + Sprint Syncs

[renashah]

Stacks DeFi

👋 Introduction:
We’re launching a WG focused on Stacks DeFi primitives. BTC capital deployed in the L2 is the most critical driver of the new Bitcoin L2 landscape.

🎯 Objective & Scope:
This group's objective is to address the missing gaps to build a robust Bitcoin DeFi ecosystem with Stacks and provide data-driven recommendations for what will grow our ecosystem.

DeFi primitives include Onchain liquidity (DEX), DeFi custodian connectivity, robust stablecoins, Oracle solutions, Stacks ecosystem TVL, and more. Our WG will collaborate in some areas to build missing infrastructure items as it makes sense. We’ll also collaborate with the BD WG when integration partnerships may be beneficial.

📦 Deliverables:
Recommendations for Onchain (DEX) liquidity strategy for stablecoins & sBTC
The following deliverables are to be set only after the first is achieved.

📅 Timeline
The first deliverable for sustainable on-chain liquidity will be delivered in April.

👑 Lead
Tycho from Zest Protocol @tycho1212 & Rena from Trust Machines will lead this working group to kick it off. New leads will

🤝 Team
We want all DeFi builders in the ecosystem here. Please contribute if you build protocols, AMMs, DEXs, liquidity bots, DeFi products, indexers, etc. This group is exclusively focused on DeFi primitives.
Ping [email protected] or [email protected] to be added to calls.

🗣️ Meeting schedule and format:
Our WG will meet monthly for public calls but will operate mostly as asynchronous communications with assignments to each contributor.

✍ Additional Context:
This is a different style of working group trying to optimize what is needed to make Stacks the leading L2 for Bitcoin DeFi.

[tycho1212]

Let's do this frens

[andrerserrano]

Thanks for kicking this off @renashah @tycho1212. Count me in!

[dantrevino]

Is there anything happening here? Are there meetings/recordings/minutes from past meetings? How can I catch up and join in?

[renashah]

Hey WG! It's time to schedule a meeting

Is Thurs possible? -- Maybe 10 am ET? @tycho1212

[tycho1212]

That works, following up on Signal

[renashah]

Hey all -- thanks for meeting today. If you'd like to join this WG, reach out to @tycho1212 please.

Summary notes May 16, 2024
We'd like to make some proposals for ecosystem-wide security measures
(1) onchain databases for proactive monitoring for smart contracts
(2) key management best practices
(3) audit bootcamps + adding more auditors in the ecosystem