What is Stacks?
Stacks is an open-source Layer-1 network built on top of the Bitcoin blockchain. Stacks adds Defi, NFTs, and other smart contract capabilities to Bitcoin.
While Bitcoin is the largest cryptocurrency by market cap, its design does not enable rich smart contracts that are possible on Ethereum and other newer blockchains. Stacks solves this problem by offering smart contracts on a separate blockchain that uses the Bitcoin blockchain for security.
STX is the native token that secures the network. It could be “stacked” to earn a yield in BTC.
Stacks vs Stoic
It's almost impossible to predict which cryptocurrency will eventually emerge as the leader.
There is no guarantee that In 5 years, STX would still even exist. Another faster and cheaper blockchain might capture the majority of developers, users, and capital. Or some critical failure of STX might derail its progress.
Because the probability of guessing the winner is low, it's better to use a portfolio approach and buy all possible contenders, including STX.
Stoic builds a portfolio by using hedge fund-grade quantitative research and AI to build a portfolio of crypto assets.
The algorithm analyzes price data, returns, volatility, correlations, and other factors to identify coins that are likely to go up. It then rebalances the portfolio daily to cut losses early and take profits regularly. Stoic is a great alternative to researching coins and trading manually.
Over 12,000 people already use Stoic to automate their crypto investing.
