Rewards
Cycle #68
· –BTC Received
1.19079700 BTC
STX Distributed
65,774.49953 STX
Total Members
980
0 STX stacked
Distribution Details
BTC Received
Total BTC received
1.19079700 BTC
Distribution on Stacks
0 STX stacked by 0 rewards on Stacks recipients.
STX sent as rewards
65,774.49953 STX
Total Distribution in STX (equivalent)
Rewards in STX
NaN STX
Rewards Handling
Bridge BTC to sBTC
Report
Cycle #68
We received 1.19079700 BTC stacking rewards.
Rewards were exchanged to 65,774.50 STX at letsexchange.io at an effective rate of 1810 sats/stx:
- btc transfer from pool: https://mempool.space/tx/b538a9321a5ab12efc99d0bbc97861ea35aa71a3105bc5974221109f817fe476
- stx transfer to pool: https://explorer.hiro.so/txid/0xf427ea81af1d6ec595a868db04082c92a6a7dd25e2e702f21e943b752d58559f?chain=mainnet and https://explorer.hiro.so/txid/0x01e92511fb69ca16de525f52b5d028b7b1c21620c3d6dcd8489b880fb2a54e6f?chain=mainnet
65,774.499530 STX were distributed to 2 city coin contracts and 978 pool members.
The story of exchange
The transaction fees on Bitcoin went up from 2sats/b to 5sats/b just after I submitted the exchange transaction at 2.99sats/b. So, it took a while until confirmed. By then, the price sats/stx when up so that the exchange would have been really bad. Luckily, we had the weekend to wait until the price went down and the exchange happened at the price when the Bitcoin transaction was sent.