Rewards

Fast Pool

We received 1.09705998 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 #116, we used

• 0.21545671 BTC for BTC distribution and
• 0.88160327 BTC for STX distribution.

Total Rewards

We distributed a total of 144,808.815561 STX to 825 pool members based on a total amount of 47,858,562.306741 stacked STX.

We distributed a total of 0.20199214 BTC and 0.00376899 sBTC to 4 pool member based on 11,696,245.733839 stacked STX.

This corresponds to 180,198.919954 STX rewards or 0.30% of the total 59,554,808.040580 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 #116, 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 0.00376899 sBTC was distributed. The sBTC tokens were swapped via bitflow for 654.5 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 1.09540805 BTC to the proxy address.

We distributed 0.20199214 BTC to pool members who registered for BTC rewards and 0.04936770 BTC to the Fast Pool reserve (fees for all pool members, 4.5%).

The remaining BTC of 0.84404821 BTC were swapped to 144,808.81598 STX in 1 transactions using Binance 24h TWPA.

Transactions for Fast Pool v1

• 0.56520174 BTC to proxy:
  • https://mempool.space/tx/092351a45cdce285196e56a6d73328b7653e047c940a9c26865d260102b67a2d
• 0.38268092 BTC to proxy:
  • https://mempool.space/tx/1ee80736b3e66b12e6bb6c629a0e257ce78c20bfb0b7b0c73382aeaa7d12b5a7

Transactions for Fast Pool v2

• 0.14752539 BTC to proxy:
  • https://mempool.space/tx/01e1a60d056fd65b26e943031e3dce2724fa2293d73539051c84e9890cd4845c

Transactions to and from proxy address

• 0.84404821 BTC swapped to 144,808.81598 STX:
  • https://mempool.space/tx/d532e0cab29e37bb227f4a27e3e73720088f2dc41a1dfcd5cc7c6e5582b98b93
  • 0x63e7838cccb0862d1491dcae6944f71c67b130750dbcf3d6c96ad699bcbf4dac
• 0.20199214 to btc reward receivers, 0.04936629 to Fast Pool reserve:
  • https://mempool.space/tx/f0ae31d86dc0d2486d23e17dfe6873cf8286a4280b521990a8d53bec2b104f1c

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

For cycle #116, we transferred 0.0493677 BTC from BTC distribution to the reserve (see above). The total corresponds to 8,482.422680 STX or around 4.7% of the theoretical total STX rewards after converting BTC to STX at the exchange rate of 582 sats/stx (84404821 sats / 144,808.815980 STX).