The third Stacks Bitcoin staking bond attracted 1,005 BTC, compared with 230 BTC for the Genesis Bond and approximately 505 BTC for the second bond. The three issues now total 1,740 BTC. Participants lock BTC for a set period and simultaneously lock STX at a required ratio of 5%, earning an annualized yield of roughly 3% paid weekly in BTC. The rewards come from miners’ BTC bids through the Proof of Transfer mechanism, with bondholders given priority since the PoX-5 upgrade.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
