Stacks just published a new STX thesis around Bitcoin Staking.
Under the proposed framework, staking BTC would require STX to be committed alongside it, while the BTC stays under the holder’s keys and rewards are paid in BTC.
The initial minimum proposed is 5% of the BTC position. So if $100M of BTC entered Bitcoin Staking, at least $5M worth of STX would need to be committed alongside it.
The bonding period is expected to last roughly six months, so that STX would remain committed for a meaningful amount of time.
The relationship is pretty simple:
More BTC entering Bitcoin Staking → more STX committed alongside it.
Post #2855
433

- ❤ 4