Stacks Foundation Receives Chainlink Community Grant to Support Stacks Accelerator Program

The Chainlink Community Grant Program provides financial resources to the many development teams and researchers building a more functional, accessible, and socially impactful Chainlink Network. We encourage talented individual developers and development teams to apply to the grant program here, or if you are a researcher and want to collaborate, contact us.

We’re excited to announce that the Stacks Foundation has received a Chainlink Community Grant to support their ongoing work with the Stacks Accelerator, a mentorship-driven program created to fuel the growth of startups built on the Stacks blockchain. With work underway to natively integrate the Chainlink Network with Stacks, this grant will support the growth of Stacks’s expanding ecosystem by providing additional resources to Stacks developers who seek to leverage Chainlink Price Feeds for accessing secure and reliable external data in their smart contracts. By combining the expressiveness and flexibility of Stacks, which is secured by the Bitcoin blockchain, with Chainlink’s decentralized oracle networks, developers will gain a full-stack toolkit for creating feature-rich smart contract and DeFi applications that can interact with the real world.

The Stacks Accelerator program is a three-month program that aims to invest in and accelerate the growth of dozens of early-stage startups building on the Stacks network. This includes providing access to industry experts who offer workshops, tools to scale up a startup’s operations, introductions to investors like Union Square Ventures, and mentorship from business leaders such as Eric Ries (author of The Lean Startup), Meltem (CSO of Coinshares), and Tomas France (Co-founder of Ledger). With the Stacks community made up of over 300,000 individuals, participants in the accelerator program are also provided an initial ecosystem of users who can begin leveraging their applications and provide rapid feedback.

The Stacks network is an open-source platform that supports the creation of smart contract applications secured by the Bitcoin blockchain. Developers building within the Stacks ecosystem can leverage the existing security and network effects offered by Bitcoin to ensure their dApps are censorship-resistant, permissionless, transparent, and fully composable with other smart contract applications. Supported by the Stacks Foundation, which provides governance, research, development, and educational resources, the Stacks ecosystem is an open network and community for any smart contract developer.

By providing financial support to Stacks Accelerator teams who are building use cases that will leverage the Chainlink integration, this grant will empower Stacks developers to explore a wider scope of smart contract functionalities enabled by oracle-powered off-chain services. We look forward to expanding the support available to Stacks developers and strengthening the connection between the Chainlink and Stacks ecosystems through this initiative.

“We are truly thankful to receive a Chainlink Community Grant to support the Stacks Accelerator program and help grow the already rapidly expanding ecosystem of smart contracts being built upon the Bitcoin network through Stacks,” stated Trevor Owens, Managing Partner of the Stacks Accelerator. “The integration of Chainlink oracles will further expand the tools and secure off-chain services available to Stacks developers, enabling the creation of even more advanced DeFi applications that can achieve widespread adoption.”

Through the Chainlink Community Grants program, we look forward to continuing to empower more and more Chainlink ecosystem teams, researchers, and social impact projects who are both researching and building key tools and infrastructure that accelerate the development of universally connected smart contracts, secure oracle networks, and impactful technology that improves the world. We will continue supporting the community as a key driver of Chainlink’s rapid growth, because only together can we make universally connected, hybrid smart contracts into the dominant form of digital agreement.

If you want to learn more about the Grant Program, check out our recent blog post that further expands upon its goals and the criteria for submission. If you would like to participate in the Chainlink Grant Program, please apply here. Chainlink Community Grants are provided in cash and/or LINK.

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