Satoshi had a vision. A separate network sharing CPU with Bitcoin.
Stacks: secured by 100% of Bitcoin's hash power and bringing Bitcoin-native finance to life.
As I understand it, the upcoming Genesis Bond requires pairing STX equivalent to roughly 5% of the deposited BTC value.
If large-scale institutional capital flows in, it will naturally trigger a massive demand for STX.
When institutions source this volume through OTC desks or the open market, where is this large-scale supply expected to come from?
Could trust entities like Grayscale act as major sellers, or will the supply primarily be absorbed by early holders and specialized market makers (MMs)
@Stacks@muneeb@alexlmiller
The next six weeks on Stacks:
~July 29: PoX-5 hardfork (pending SIP vote), paving the way for Bitcoin Staking.
Late August: the Genesis Bond, the first Bitcoin Protocol Bond on Stacks.
Stakers: you'll need to restake your after the fork. Details coming soon ๐
Watching BIP110 Bouts....
I'll take this over any bs TV show any day of the week.
Don't mind me.... Just hodling sats on L1 $BTC and building things on L2 $STX.
Stackers: Voting for SIP-044 (Clarity 6) and SIP-045 (Bitcoin Staking) is expected to open in ~3 hours. You can cast your vote for these SIPs on the community-built platform here: https://t.co/2iIsFxz7bX
How do I vote on SIP44-45?
Watch me๐ easily approve Bitcoin Staking and Clarity 6 proposals with my blockstack:native
Note that it's a double-vote:
1. Go to https://t.co/TvxZCUJkPc
2. Connect wallet and sign authentication message
3. Scroll down and select YES (or NO) for first proposal
4. Click Vote now and Approve in your wallet, then click Done
5. Scroll down and select YES (or NO) for second proposal
6. Click Vote now and Approve in your wallet, then click Done
โ Youโre all done ๐
@mrwagmibtc@baroncoleman The plot holes and inconsistencies in this case were already bad, but with so much of the โevidenceโ being provably falsified I canโt believe people are still so quick to say โthey got the guyโ