Rewards

Fast Pool

We received 1.27141999 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 #118, we used

• 0.25371737 BTC for BTC distribution and
• 1.01770262 BTC for STX distribution.

Total Rewards

We distributed a total of 181,486.544428 STX to 799 pool members based on a total amount of 47,239,443.746014 stacked STX.

We distributed a total of 0.23623109 BTC and 0.00606896 sBTC to 6 pool member based on 11,776,983.903074 stacked STX.

This corresponds to 226,731.872628 STX rewards or 0.38% of the total 59,016,427.649088 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 #118, five user chose to receive sBTC and six 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 0.00606896 sBTC was distributed. The sBTC tokens were swapped via bitflow for 1,141.711 STX. In the future, we want to use app.stacks.co, now, that the cap is lifted and the minimum decreased.

Consolidation and Swapping

We consolidated the rewards address continuously and transferred a total of 1.26935272 BTC to the proxy address.

We distributed 0.23623109 BTC to pool members who registered for BTC rewards and 0.05721390 BTC to the Fast Pool reserve (fees for all pool members, 4.5%).

The remaining BTC of 0.97590773 BTC were swapped to 182,628.255834 STX in 1 transactions over the counter.

Transactions for Fast Pool v1

• 0.50091132 BTC to proxy:
  • https://mempool.space/tx/057dcc4f6823eb1a4c9e8a06b66c989b43233da15eefd838e4cdb161e79ac169
• 0.58497807 BTC to proxy:
  • https://mempool.space/tx/6aca41c7a43a6e35085c0e3d4e1c4ec939a5ff3456ade51af4f66ecb4b736359

Transactions for Fast Pool v2

• 0.18346333 BTC to proxy:
  • https://mempool.space/tx/4d0ca302af06b3d91fe98fc925c392f605f761fc4cbada8bf81417317a8ba89b

Transactions to and from proxy address

• 0.23623109 to btc reward receivers, 0.05721390 to Fast Pool reserve:
  • https://mempool.space/tx/942903608af1e2c3d18813fbdb3e919edb0af87c611638a360dbda9b9682ba19
• 0.97589929 BTC swapped to 182,628.255834 STX:
  • https://mempool.space/tx/98619792b9ec6c898273eb23b4bd389b34e8d48510892d6ec7d0bfed10e40de2
• 0x9f41b428fe3b34de4095719d451fdb6928633b9ff3073a0fab9ee9b597944f54

Swap 1,141.711 STX to sBTC and transfer to pool:

• 0x32335eb6f283f2b9ae0d569ac283131d8572565a13cb5c945aa03fdeb74a3d86
• 0x93f3ecd089423c80d306c4d663b9b558be6aedb4c1c4ff19cd9595b185f8672e

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

For cycle #118, we transferred 0.0572139 BTC from BTC distribution to the reserve (see above). The total corresponds to 10,714.213483 STX or around 4.7% of the theoretical total STX rewards after converting BTC to STX at the exchange rate of 534 sats/stx (97589929 sats / 182,628.255834 STX).

Swapping over the counter

A screenshot of the swap is shown below.