Go to Cycle 98 details

Rewards

Cycle #98

·

BTC Received

5.75125931 BTC

STX Distributed

210,705.349632 STX

BTC Distributed

0.98060786 BTC

Total Members

770

63,974,773.234729 STX stacked

Distribution Details

BTC Received

Total BTC received

5.75125931 BTC

BTC allocated for STX receivers

4.71904049 BTC

BTC allocated for BTC receivers

1.03221882 BTC

Distribution on Bitcoin

11,482,001 STX stacked by 1 rewards on Bitcoin recipient.

BTC sent as rewards

0.98060786 BTC

BTC rewards in STX (equivalent)

35,932.864053 STX

Distribution on Stacks

52,492,772.234729 STX stacked by 769 rewards on Stacks recipients.

STX sent as rewards

210,705.349632 STX

Total Distribution in STX (equivalent)

Rewards in STX

246,638.213685 STX

Rate

0.39%

Total STX stacked

63,974,773.234729 STX

Rewards in STX (equivalent))

246,638.213685 STX

Effective exchange rate

2729 sats/STX

BTC received

5.75125931 BTC

STX rewards sent (equivalent)

246,638.213685 STX

Rewards Handling

Bridge BTC to sBTC

Ecosystem

Lisa

STX distributed

4,643.932721 STX

Stackers

3

Report

Cycle #98

We received 5.75125931 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 98, we used

  • 1.03221882 BTC for BTC distribution and
  • 4.71904049 BTC for STX distribution.

Dust transactions

Currently, the wallet contains 1200 sats in dust transactions of 400 sats.

Liquid Stacking With LISA

This cycle, the Liquid Stacking service LISA with FAST Pool as part of Lisa's backend delegated 1,410,000 STX to Fast Pool. Lisa used 3 smart contract as pool members.

The rewards were distributed with the normal distribution flow:

We encourage pool members to check out the documentation and learn more about liquid stacking at https://docs.lisalab.io/

Consolidation and Swapping

After 1 week, we consolidated the rewards until then, a total of 2.00151990 BTC. We distributed 0.34126546 BTC to pool members who registered for BTC rewards and 0.10007599 BTC to the Fast Pool reserve (fees for all pool members). The remaining 1.56016225 BTC were swapped to 55,462.637730 STX that were distributed to 769 members.

During the last week of the cycle, we consolidated the rewards of 3.74973942 BTC. We distributed 0.63934240 BTC to pool members who registered for BTC rewards and 0.18748697 BTC to the Fast Pool reserve (fees for all pool members). The remaining 2.92288309 BTC were swapped to X STX that were distributed to 769 members.

Total Rewards

A total of 172,888.583155 STX were distributed to 764 pool members and 5 contracts. The distribution was based on 52,492,772.234729 STX stacked to receive STX rewards.

A total of 0.98060786 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 210,705.349632 STX based on 63,974,773.234729 STX stacked.

Compensation as Stacks Signer after Nakamoto Release (5.0% reserve)

This was the third cycle after the Nakamoto hard fork. We run successfully a signer that continously signes Stack blocks. Our signer runs at a good health level. We setup a sBTC signer on testnet and are preparing the sBTC signer for mainnet.

For cycle #98, we transferred 0.28756296 BTC from BTC distribution to the reserve (see above). The total corresponds to 10,537.301576 STX or around 5.0% of the theoretical total STX rewards after converting BTC to STX at the exchange rate of 2729 sats/stx (471904049 sats / 172,888.583155 STX).

Swapping using Simpleswap and Xlink

The swaps were created using the simpleswap UI as well as XLink. A screenshot of simpleswap is shown below. It includes all swaps but one. The extra swap has simpleswap id "i8tj4gfvtg4qc2pa".

simpleswap