Rewards
Rewards
We received 4.73241000 BTC as rewards.
The BTC rewards were split proportionally to pool members registered for rewards in STX, the default, and for rewards in BTC.
For cycle 96, we used
1.02457164 BTC for BTC distribution and
3.70783835 BTC for STX distribution.
Currently, the wallet does not contain any dust transactions.
This cycle, the Liquid Stacking service LISA with FAST Pool as part of Lisa’s backend delegated 1,580,000 STX to Fast Pool. Lisa used 5 smart contract as pool members.
The rewards were distributed with the normal distribution flow:
2,902.170823 STX:
3,036.203818 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 2.29373549 BTC. We distributed 0.47176628 BTC to pool members who registered for BTC rewards and 0.02482980 BTC to the Fast Pool reserve. The remaining 1.79712163 BTC were swapped to 79,504.313894 STX. Thereof, 76,324.140962 STX were distributed to 753 members.
2.29373549 BTC to proxy:
0.47176628 to btc reward receivers, 0.02482980 to Fast Pool reserve:
0.5 BTC swapped to 21,643.253245 STX:
0.5 BTC swapped to 21,726.87057 STX:
0.79711709 BTC swapped to 0.79509891 aBTC:
0.5 aBTC swapped to 22,844.315684 STX:
0.29509891 aBTC swapped to 13,289.874395 STX:
During the last week of the cycle, we consolidated the rewards of 2.42819182 BTC. We distributed 0.49942165 BTC to pool members who registered for BTC rewards and 0.12140981 BTC to the Fast Pool reserve (fees for all pool members). The remaining 1.80735773 BTC were swapped to 79,849.072815 STX that were distributed to 753 members.
2.42819182 BTC to proxy:
0.49942165 to btc reward receivers, 0.12140981 to Fast Pool reserve:
0.5 BTC swapped to 21,0235.39286 STX:
0.5 BTC swapped to 21,995.702804 STX:
0.5 BTC swapped to 22,875.517941 STX:
0.30732540 BTC swapped to 13,954.312784 STX:
A total of 156,173.213777 STX were distributed to 746 pool members and 7 contracts. The distribution was based on 41,552,393.215034 STX stacked to receive STX rewards.
A total of 0.97118793 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 199,327.912171 STX based on 53,034,394.215034 STX stacked.
This was the first cycle after the Nakamoto hard fork. We run successfully a signer that continously signes Stack blocks. We coordinate closely with the Stacks team that monitors the signers behaviour. We responded quickly to new version updates and best practice recommendations. Our signer runs at a good health level.
For cycle #96, we transferred 3,180.172555 STX from STX distribution and 0.02482980 BTC from BTC distribution to the reserve (see above) of the first distribution. For the second distribution, we transferred the fees in BTC only (0.12140981, see above). The total corresponds to 9,340.223523 STX or around 4.7% of the theoretical total STX rewards after converting BTC to STX at the exchange rate of 2374 sats/stx (3,70,783,835 sats / 156,173.213777 STX).
The swaps were created using the simpleswap UI and Xlink. The Xlink swaps are referenced above. For the simpleswap swaps, a screenshot is shown below.