The Stacks network has completed the SIP-034 upgrade, increasing the effective capacity of some DeFi applications by up to 30 times. This upgrade was activated through the governance mechanism, changing how transaction processing limits are handled, enabling the network to reset only depleted resources instead of resetting all limits at once. This is expected to significantly improve performance for read-intensive and complex DeFi use cases, such as concentrated liquidity. Alex Huth from Stacks Labs stated that this upgrade enables the blockchain to better support high-value workflows, which could potentially increase network activity, transaction volume, and fees over time.

STX0,95%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

2 Likes