Rewards
Rewards
We received 5.05206500 BTC as rewards.
We introduced a distribution flow in BTC on individual requests. The BTC rewards were split proportionally.
For cycle 94, we used
1.11179467 BTC for BTC distribution and
3.94027032 BTC for STX distribution.
Currently, the wallet does not contain any dust transactions. They were consolidated accidentially in the first consolidation of cycle 93.
This cycle, the Liquid Stacking service LISA with FAST Pool as part of Lisa’s backend delegated 1,260,000 STX to Fast Pool. Lisa used 3 smart contract as pool members. The share of Lisa was 3.096360% of the STX part of the pool.
The rewards were distributed with the normal distribution flow:
2,082.932943 STX:
2,020.518574 STX:
We encourage pool members to check out the documentation and learn more about liquid stacking at https://docs.lisalab.io/
After 1 week, we consolidated the rewards until then, a total of 2.61880665 BTC. We distributed 0.54749819 BTC to pool members who registered for BTC rewards and 0.02881569 BTC to the Fast Pool reserve. The remaining 2.04247327 BTC were swapped to 70,073.292108 STX. Thereof, 67,270.360047 STX were distributed to 734 members.
2.61880665 BTC to proxy:
0.54749819 to btc reward receivers, 0.02881569 to Fast Pool reserve:
0.5 BTC swapped to 17,007.711439 STX:
0.5 BTC swapped to 16,909.264612 STX:
0.5 BTC swapped to 17,442.215724 STX:
0.54245219 BTC swapped to 18,714.100333 STX:
At the end of the cycle, we consolidated the remaining rewards of 2.42546175 BTC and distributed 0.50707674 BTC to pool members who registered for BTC rewards and 0.02668824 BTC to the Fast Pool reserve. The remaining 1.89162456 BTC were swapped to 67,973.570046 STX. Thereof, 65,254.627244 STX were distributed to 734 members.
1.38496424 BTC to proxy:
1.04049751 BTC to proxy:
0.50707674 to btc reward receivers, 0.02668824 to Fast Pool reserve:
0.5 BTC swapped to 18,196.607625 STX:
0.5 BTC swapped to 18,281.401883 STX:
0.5 BTC swapped to 17647.752117 STX:
0.39157959 BTC swapped to 13,847.808421 STX:
A total of 132,524.986548 STX were distributed to 729 pool members and 5 contracts. The distribution was based on 40,692,934.629964 STX stacked to receive STX rewards.
A total of 1.05620493 BTC were distributed to 1 pool member from the proxy btc address. The distribution was based on 11,482,001 STX stacked to receive BTC rewards.
If all BTC rewards were distributed as STX rewards the total would have been 169,918.506114 STX based on 52,174,935.629964 STX stacked.
This year, the Nakamoto hard fork will bring sBTC. This means that we will wrap BTC to sBTC, then exchange to STX and distribute.
However, stackers need to do more work eventually, run stacks and a signer node. We successfully started to be signer for Stacks 2.5 and are registered since cycle #84 as signer. We completed the first cycle handover between cycle #92 and #93.
For cycle #94, we transferred 2,802.931684 STX and 2,718.942802 STX from STX distribution and 0.05550393 BTC from BTC distribution to the reserve (see above). That is 7.388,807886 STX or around 4.3% of the theoretical total STX rewards after converting BTC to STX at the exchange rate of 2973 sats/stx (3,94,027,032 sats / 132,524.986548 STX).