Cycle #72

We received 1.33633000 BTC stacking rewards.

Rewards were exchanged to 59,201.513795 STX at using (1.31280968 xbtc; 2,088,943 sats tx fees + 0.2% wrapping fees) and alexgo at an effective rate of X sats/stx:

59,201.513240 STX were distributed to 2 city coin contracts and 1083 pool members based on a 46,085,201 stacked STX.

Preparing for Nakamoto Release (5% reserve)

Next year, the Nakamoto hard fork will bring sBTC. This means that we will replace xBTC with sBTC. The flow will be similar: wrapping to sBTC, then exchanging to STX and distributing.

However, stackers need to do more work eventually, run stacks and a signer node. We are preparing for that and put around 5% of the rewards aside. This will allow us to build up infrastructure and operate Stacks 3.0 signer nodes.

For cycle #72, out of the 5% (1.33633000 × 0.05 = 0,0668165 BTC) 0,02352032 BTC were used to cover BTC txs fees and wrapping fees. 0,04330 xBTC transferred to the reserve at SP2ZNPXGZ8S4GE568QSCF66PT02BZ63Y4W3Y7BHNZ.