StackingDAO’s inaugural Bitcoin staking pool has been completely spoken for. The 150 BTC allocation filled rapidly, marking one of the first concrete demand signals for native Bitcoin yield generation through the Stacks Layer 2 ecosystem’s new Genesis Bond program. The broader Bitcoin Staking program under PoX-5 targets a total capacity of roughly 3,000 BTC, meaning StackingDAO’s pool accounts for about 5% of the overall pie. Other participating pools, including Xverse and Fast Pool, still have room for new participants looking to get in. How the Genesis Bond actually works BTC holders lock their Bitcoin on Layer 1, the actual Bitcoin blockchain, while that BTC gets paired with STX tokens on the Stacks network. No bridging required. No handing over custody to a third party. The program targets an initial annual percentage yield of approximately 3%. For large holders who’ve been sitting on dormant BTC, even single-digit returns on the world’s most valuable digital asset start to add up. StackingDAO is also introducing stBTC, a liquid staking token designed to let users auto-compound their sBTC rewards while keeping a transferable position they can deploy across DeFi applications on ...
StackingDAO’s Bitcoin staking capacity fully allocated as Genesis Bond draws strong demand
2 weeks ago
27
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