Bitcoin Bytes: Community Wins with Major Fee Cut

Greetings, esteemed readers of Bitcoin Bytes (Powered by Velar)! Welcome to our weekly Bitcoin roundup, your trusted source for the latest insights and events from the world of BTC.

This week brings transformative changes to the Bitcoin L2 landscape, with major fee reductions at Velar and the countdown to Stacks' Nakamoto upgrade in full swing.

As the ecosystem matures, we're seeing increased focus on user accessibility and community engagement, setting the stage for the next wave of Bitcoin innovation.

Velar Makes DeFi More Accessible with Major Fee Cut

Velar has taken a bold step in DeFi accessibility by slashing trading fees by 83% across all stableswap pairs. The reduction from 0.3% to 0.05% represents one of the most competitive fee structures in the space, directly benefiting traders and liquidity providers.

Starting with the USDh<>aeUSDC pair and extending to all future stableswap pairs, this move signals Velar's commitment to community-first growth and DeFi accessibility.

👉 Learn more about how this benefits you on Twitter.

Stacks Sets Date for Nakamoto Upgrade

Mark your calendars: Stacks' transformative Nakamoto hard fork is now scheduled for Bitcoin Block #867,867, expected to activate around October 30th. The timing couldn't be more symbolic, landing just before Bitcoin's whitepaper celebrates its 15th anniversary.

The upgrade introduces revolutionary changes with 5-second block times and 100% Bitcoin finality, setting new standards for Layer 2 scalability and security.

Community Tweet of The Week

This week's highlight comes from @jackbinswitch, commenting on Velar's impact on the Stacks ecosystem:

'The Meme' Spaces: Exploring Meme Culture in Stacks

Don't miss the next edition of 'The Meme' Spaces, our monthly collaboration with Stacks! Join us tomorrow, October 24th at 2PM UTC for an engaging discussion on meme culture in the Stacks ecosystem.

Special guests include PepeCoinSTX and STX City, with an expert panel featuring:

• Peter Watson (Host)

• Stacks (Co-host)

• Jack Binswitch

• Reubs BTC

Set your reminders for what promises to be an entertaining and insightful conversation about the intersection of memes and crypto innovation.

🎙️ Join here: https://x.com/i/spaces/1lDGLlRmVOMGm