Fast Pool is the oldest pool on @Stacks
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Bitcoin yield on @Stacks just became real.
The first Bitcoin Bond completely sold out, with 230 BTC locked by institutions including 21Shares, Nakamoto, and HashKey.
Think of it like a Bitcoin savings account. Institutions lock their BTC for six months and earn around 3% annual yield, paid weekly in Bitcoin.
STX acts like the security deposit needed to open that account. For 230 BTC, approximately 11.5 BTC worth of STX was also locked for six months.
More Bitcoin entering Stacks means more STX locked, more users coming onchain, and more activity across the entire ecosystem, including Fast Pool.
This was only the first test. The next bond is expected in around four weeks with even more Bitcoin capacity.
Bitcoin capital is coming to Stacks.
Forward 🟧
Think of it like @Stacks opening the first Bitcoin savings account.
Institutions locked 230 BTC for six months. They still control their Bitcoin, but they cannot move it during that period. In return, they earn around 3% per year, paid weekly in Bitcoin.
$STX works like the security deposit needed to open the account. The more Bitcoin institutions want to lock, the more STX also needs to be locked. This creates real demand and utility for STX.
The first account completely sold out according to @muneeb. Every institutional partner took the maximum allocation available. This shows there is demand, so the next bond will likely be much bigger.
The bigger vision is to make this 3% yield the standard savings rate for Bitcoin. If you want to earn more than that, you would need to take more risk.
For @TheFastPool, this could bring more users, $STX, and activity into the Stacks ecosystem.
The only thing to watch is that Bitcoin bondholders get paid first, while regular STX stackers earn from what remains.
What happened on Fast Pool Cycle 141
Fast Pool distributed ~0.42 BTC in rewards to 141 STX stackers for Cycle 141 with 0% pool fees.
Users could choose to receive their rewards as either sBTC on @Stacks or native BTC directly to their Bitcoin wallet. Small rewards below a user's payout threshold are simply carried forward to the next cycle.
TL;DR: Stack STX → earn BTC → choose how you receive it.
The retail door to Bitcoin Staking just opened, one day early, through @TheFastPool 👇
Esbee DAO is a pool. Put in sBTC plus a bit of STX (about 5% of your position), the pool bonds it into Bitcoin Staking, and you earn the bond's 3% target, paid in Bitcoin.
What makes it worth a look:
🐝 Nobody owns the pool. Decisions are made by a vote of the people in it, and big depositors do not get to outvote everyone else
🔁 It re-bonds automatically. When one six-month bond ends, the pool rolls straight into the next one. You do not have to exit and re-enter
📊 Fair split. Your share of the yield is based on how much you had in the pool during the period, not on timing
₿ Two ways in. Deposit sBTC you already have, or send BTC from your own wallet and it converts for you
🔓 Until the pool actually stakes, your deposit stays yours and you can withdraw any time
No whitelist. This is the open path the Genesis Bond kept for everyone outside the institutional cohort, and Fast Pool has opened it.
One thing to know first: once a period starts, leaving early means giving up that period's yield. Think of it as a six-month commitment, because that is what a bond is.
If you have sBTC and a little STX, link in the first reply.
@Stacks
Disclosure: I hold BTC and STX.
Bitcoin Staking enrollment opens on @Stacks at block 966,350. Here is what I am watching, in order 👇
1⃣ How fast the first tranche fills
Capacity is capped and released on a rolling basis. If the institutional slice fills in hours, that is the demand signal. If it sits, that is a signal too. Either way, no press release needed. It is on-chain.
2⃣ Whether the pooled slice fills as fast as the institutional one
Roughly 10% of each period is open access, no whitelist, live through @xverse and @TheFastPool. Two doors, same product. How each one fills tells its own story.
3⃣ The STX/BTC ratio, not the STX price
Bond capacity scales with what STX is worth in Bitcoin terms. If the ratio climbs after enrollment, the next tranche can be bigger. If it does not, capacity stalls. This one chart decides the flywheel.
4⃣ Who name four is
Three institutions are in: a Nasdaq-listed treasury, Asia's largest staking provider, an ETP issuer. Muneeb said a new partner every month. The fourth name tells you whether the cadence is real.
5⃣ The first reward payment, ~September 17
Paid in sBTC weekly, funded by miner bids. When the first payout lands, the product goes from "announced" to "paid."
None of this is a prediction. It is a map of where the evidence will appear, so you can read it before someone tells you what it means.
What is on your list?
Disclosure: I hold BTC and STX.
If you missed StackingDao Bitcoin staking cap, you can use the second Bitcoin Bond Staking pool on Esbee DAO, now live ⬇️
https://t.co/QyKiqoCuVB
You can deposit for the next 3 days.
You need to pair BTC + STX.
For cycle 142
238 stackers staked 59,416,304 STX with Fast Pool so far.
6 hours to reach 60m STX!
Thank you for trusting our signer - no other trust required.