Go to Cycle 109 details

Rewards

Cycle #109

·

BTC Received

1.75838000 BTC

STX Distributed

151,309.36315 STX

BTC Distributed

0.32419129 BTC

Total Members

831

59,163,324.604807 STX stacked

Distribution Details

BTC Received

Total BTC received

1.75838000 BTC

BTC allocated for STX receivers

1.417126 BTC

BTC allocated for BTC receivers

0.34125399 BTC

Distribution on Bitcoin

11,482,001 STX stacked by 1 rewards on Bitcoin recipient.

BTC sent as rewards

0.32419129 BTC

BTC rewards in STX (equivalent)

34,598.85699 STX

Pool fees (5.0% of 1.75838 BTC)

0.087919 BTC

Fees in STX (equivalent)

9,383.03095 STX

Distribution on Stacks

47,681,323.604807 STX stacked by 830 rewards on Stacks recipients.

STX sent as rewards

151,309.36315 STX

Total Distribution in STX (equivalent)

Rewards in STX

185,908.22014 STX

Rate

0.31%

Total STX stacked

59,163,324.604807 STX

Rewards in STX (equivalent))

185,908.22014 STX

Effective exchange rate

937 sats/STX

BTC received

1.75838 BTC

STX rewards sent (equivalent)

185,908.22014 STX

Rewards Handling

Bridge BTC to sBTC

Ecosystem

CityCoins

STX distributed

34,408.040892 STX

Stackers

2

Lisa

STX distributed

5,556.529798 STX

Stackers

8

Report

Cycle #109

Fast Pool

We received 1.75837999 BTC as stacking rewards.

Payout in STX and BTC

The BTC rewards were split proportionally to pool members registered for rewards in STX, the default, and for rewards in BTC. For cycle #109, we used

  • 0.34125399 BTC for BTC distribution and
  • 1.41712600 BTC for STX distribution.

Total Rewards

We distributed a total of 151,309.363150 STX to 830 pool members based on a total amount of 47,681,323.604807 stacked STX.

We distributed a total of 0.32419129 BTC to 1 pool member based on 11,482,001.000000 stacked STX.

This corresponds to 187,745.731789 STX rewards or 0.32% of the total 59,163,324.604807 stacked STX.

Consolidation and Swapping

We consolidated the rewards address continuously and transferred a total of 1.75537355 BTC to the proxy address.

We distributed 0.32419129 BTC to pool members who registered for BTC rewards and 0.08791900 BTC to the Fast Pool reserve (fees for all pool members).

The remaining BTC of 1.34326326 BTC were swapped to 151,309.363574 STX in 2 transactions using simpleswap.

Transactions for Fast Pool v1

Transactions for Fast Pool v2

Transactions to and from proxy address

Compensation as Stacks Signer after Nakamoto Release (5.3% reserve)

For cycle #109, we transferred 0.087919 BTC from BTC distribution to the reserve (see above). The total corresponds to 9,911.950395 STX or around 5.3% of the theoretical total STX rewards after converting BTC to STX at the exchange rate of 887 sats/stx (134325023 sats / 151,309.363574 STX).

With 5.3% the fees were higher than the usual 4.7%. When we distributed rewards, our standard Stacks node had a failure and we used our fallback node that used an older script for the calculations. For the next cycle, we will reduce the fees to compensate for this.

Swapping using Simpleswap

A screenshot of simpleswaps is shown below.