Q3 2022 | Stacks Foundation OKR Report
by Mitchell Cuevas on October 20, 2022
1-Year Vision
Activate Bitcoin capital by providing the infrastructure, talent, and tools necessary to build Web3 on Bitcoin using Stacks. We know the value built on Bitcoin will exceed the value of Bitcoin, with Stacks being the leading tool to create that value.

Breaking that down further, we aim for the value built on Stacks to exceed the Stacks Market cap by July 2023, which will be approximately 3% of BTC’s value. We believe the clearest path to achieving this goal is through the support of infrastructure, developers, and companies built on Stacks.
Despite the challenges of building in a bear market, the Stacks ecosystem has continued to grow — our tech is headed for the 2.1 upgrade, the ecosystem has welcomed new community leaders and developers, and companies built on Stacks continue to emerge and grow.

Below we’ve outlined our performance against our Q3 Objective and Key Results (OKRs). You can read a bit more about the planning and prioritization process for these OKRs here. The short answer is that all Objectives stem from our higher-level 1-year vision stated above with the overall mission to unleash Bitcoin and careful consideration of feedback from stakeholders across the ecosystem.

This post is broken into 2 main sections:
1
A quick, easy performance recap against the top-line items
2
Our full OKR report, with each Q3 objective broken down line-by-line with specific numbers, links, and more.
OKR Performance Summaries
You can always find our current quarter OKRs on our website.
(A) Support a successful 2.1 upgrade and continue optimization of governance
During the quarter, we took on tasks related to SIP improvements and voter readiness as related to Stacks 2.1. The community has demonstrated a solid understanding of the upgrade and indications are positive for high voter turnout. On the technology side, Stacks 2.1 is nearly code complete despite core development work interruptions to address other important blockchain-related issues during the quarter. We’re excited for a smooth launch of Stacks 2.1 later this year and our Q4 OKRs house several important projects related to this effort!
(B) Developing and supporting 250 community leaders
A strong community needs dedicated people contributing in multiple ways. One of our core functions here at the Stacks Foundation is to enable those types of contributors through programs and grants. This objective included projects like hiring a SIP Resident, a blockchain engineer, work to support Stacks Chapters, aligning grants to the highest areas of need, and accelerating people’s journey to deeper levels of the community. The team delivered amazing results here, completing a vast majority of the OKRs. Highlights include a new grants model with greater decentralization and transparency, smashing through 250 community leaders to 465, and much more.
(C) Support the development of 120 companies built on Stacks
We made a push for builders to register their applications on stacks.co so everyone can now use it as a directory and a proxy for ‘real projects’ built on Stacks. Moderators have done a great job filtering this list, excluding gambling apps or apps with really poor user experiences. Using this as the gauge, there were 92 projects listed on stacks.co at the end of quarter, meaning we were 30 short of our goal, putting us behind pace for 300 next year. This was the first quarter with goal which coincided with a bear market, so we will take our learnings to build better systems in the future and right-size the work given market conditions.
(D) Bring in 300 Clarity developers to strengthen the ecosystem
After implementing the Orbit software/model, we ended up having more developers active in the ecosystem at the beginning of the quarter than we thought at 277, nearly reaching our 300 Q3 goal. By the end of the quarter, we had a total of 392 developers, meaning we increased our total active developers by roughly 30%, blasting past our 300 goal. This was accomplished through a combination of efforts including Clarity Camp, events, chapter work, and external tutorial content. Next quarter we will capture these developers into the hiring portal based on their qualifications as well as raising our growth goal based on what we’ve learned. We also built a Clarity Skills Assessment that will launch next quarter, which will provide an indicator of the number of educated developers in the ecosystem.
Introducing ‘Orbits’ to Measure Success
One important new element this quarter is our use of the Orbits model and software to help us identify and measure different types of contributors, developers, and members of the community. It’s a fantastic model for community growth that has allowed us to better understand movement through the ecosystem and through programs using only public data, no special trackers.

For the purposes of this OKR report, the important idea is that there are 4 Orbits, 1 being the closest in a community - these are the people leading the way and putting in the most meaningful time. In general, success is moving folks into closer Orbit with the project.

We have different OKRs that target different Orbit levels. These are levers for building a well-rounded community and we use the Orbit software to help us report on where we stand per some of these OKRs. The software works by tracking publicly available activity from Discord, Github, Twitter, the forum, etc., as well as activities we can log such as attending an event or going to Clarity Camp. All the activities are assigned a point value and their overall activity level determines their Orbit.
Line-by-Line OKR Report
See each objective broken down line by line with specific numbers, links, and more.
Conclusion
While it's easy to feel down in an uncertain market, looking at these numbers, completed projects, and the work in progress should give Stackers something to smile about. There’s a lot that is working well and a growing community working together. Thank you for being part of it!

We’re already full steam ahead on work in 2022 and preparing for a big 2023. You can find our Q4 objectives in this post to see what’s coming next. Even better, all of those projects are informed directly by feedback from the community, the ecosystem offsite, regular ecosystem calls, work done in Q3, and guidance from our board. So let’s get back to building.
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Mitchell Cuevas leads growth and marketing efforts at Stacks Foundation. He's spent the last decade working in community-driven high-growth startups.