Rewards

Cycle #97

We received 4.75986500 BTC as 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 97, we used

Dust transactions

Currently, the wallet does not contain any dust transactions.

Liquid Stacking With LISA

This cycle, the Liquid Stacking service LISA with FAST Pool as part of Lisa’s backend delegated 1,570,000 STX to Fast Pool. Lisa used 4 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 2.20084175 BTC. We distributed 0.37827633 BTC to pool members who registered for BTC rewards and 0.11004208 BTC to the Fast Pool reserve (fees for all pool members). The remaining 1.21250635 BTC were swapped to 80,491.505890 STX that were distributed to 764 members.

During the last week of the cycle, we consolidated the rewards of 2.55286460 BTC. We distributed 0.43878133 BTC to pool members who registered for BTC rewards and 0.12764323 BTC to the Fast Pool reserve (fees for all pool members). The remaining 1.98642795 BTC were swapped to 88,309.747133 STX that were distributed to 764 members.

Total Rewards

A total of 168,801.253023 STX were distributed to 758 pool members and 6 contracts. The distribution was based on 51,981,030.973358 STX stacked to receive STX rewards.

A total of 0.81705766 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 206,087.473009 STX based on 63,463,031.973358 STX stacked.

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

This was the second 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 #97, we transferred 0.23768531 BTC from BTC distribution to the reserve (see above). The total corresponds to 10,293.8635773 STX or around 5.0% of the theoretical total STX rewards after converting BTC to STX at the exchange rate of 2309 sats/stx (3,89,869,002 sats / 168,801.253023 STX).

Swapping using Simpleswap

The swaps were created using the simpleswap UI. A screenshot is shown below.