Rewards

Fast Pool

We received 1.22653999 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 #115, we used

• 0.25189306 BTC for BTC distribution and
• 0.97464693 BTC for STX distribution.

Total Rewards

We distributed a total of 148,760.466438 STX to 818 pool members based on a total amount of 45,006,008.790963 stacked STX.

We distributed a total of 0.23746399 BTC and 0.00309386 sBTC to 3 pool member based on 11,631,597.999400 stacked STX.

This corresponds to 187,206.931992 STX rewards or 0.33% of the total 56,637,606.790363 stacked STX.

Distribution in sBTC and Stacking for a Cause

We continued to distribute rewards in sBTC and to distribute parts of rewards to curated projectsfor for users who registered during delegation to Fast Pool v2.

For cycle #115, three user chose to receive sBTC and five users chose to give a share to ZeroAuthority DAO.

These users were mainly testing version 2 of fastpool.org. For the next cycles, these options will be made more accessible.

The total amount of 0.00309386 sBTC was distributed. The sBTC tokens were swapped via bitflow for 487 STX. In the future, we want to use app.stacks.co. However, their minimum amount is 0.01 sBTC.

Consolidation and Swapping

We consolidated the rewards address continuously and transferred a total of 1.22431976 BTC to the proxy address.

We distributed 0.23746398 BTC to pool members who registered for BTC rewards and STX equivalent to 0.05519430 BTC to the Fast Pool reserve (fees for all pool members, 4.5%).

The remaining BTC of 0.93166148 BTC were swapped to 148,760.466843 STX. Actually, 1 BTC was swapped to 160,196.603524 STX, then 2,107.197287 STX where swapped back to 0.01315382 BTC because not enough BTC was left to send to btc reward receivers. Substracting the STX amount, 8,841.939393 STX for the Fast pool reserve and 487.00000 STX for sBTC rewards from the total swapped STX results in the remaining 148,760.466843 STX.

Transactions for Fast Pool v1

• 0.51814169 BTC to proxy:
  • https://mempool.space/tx/6b1239210c68b658724e470941172fe3745e444c33bf198c7e21b1d6c4d0818f
• 0.50107443 BTC to proxy:
  • https://mempool.space/tx/b030662edf01669e3786c99b1fde5e0bd9b260da50ccf7aa0368a576838310ad
• 0.04474842 BTC to proxy:
  • https://mempool.space/tx/6e4ce5c4739641d5939a9a871bf83cd7480d662a261fb288d93b59bc55fd7dcd

Transactions for Fast Pool v2

• 0.16035522 BTC to proxy:
  • https://mempool.space/tx/1ead6f3fb3d2ef2f9ed4030db4a80221036f73e1f837a12d435f3dbdadde60b0

Transactions to and from proxy address

• 1.00000000 BTC swapped to 160,196.603524 STX:
  • https://mempool.space/tx/85540f9b96d51222c00567ba57d8e27c0aa20bfd577cb1efeec70ea60785ed65
  • 0x4a096388dfc52028b76d780bc4b7fccf0db8235b79f5c7f6228c40865050bc01
• STX to BTC swap and distribution:
  • 0x5cab7d3e882ee8a700b70313aea9389f900a98df3adf05075766608d73b50beb
  • 0xff07fff1b7529feeb2dc64eeab5fb3cdbdc037dadf16665361dc04ad9050c8f4

Compensation as Stacks Signer after Nakamoto Release (4.7% reserve)

For cycle #115, we transferred 8,841.939393 STX to the reserve (see above including swap). The total corresponds to around 4.7% of the theoretical total STX rewards after converting BTC to STX at the exchange rate of 655 sats/stx (97464693 sats / 148,760.438 STX).

Swapping over the counter

This cycle, we swapped 1 BTC over the counter.