magoo

Unorthodox ₿itcoin-only dev
Ossified kernel, programmable runtime — ₿TC + STX
Generational $WELSH

[magoo @magoo_btc]

Just dug up this old email. I guess it makes me bit of a Stacks O.G. - So blessed to have been able to learn from the likes of @muneeb and others in the @StacksOrg over the years. Quite the ride it has been.

[Enjo.btc 🥷🏽 (🌋,🌋) 🟠 @enjoywithouthey]

Currently there's $27,000 of true, on-chain LOCKED liquidity on @welshstreet

"TVL" is typically a meme in crypto, where any user can withdraw their LP at anytime.

Not on @welshstreet. Once liquidity gets locked, it's locked forever, and is verifiable on-chain.

Welcome to the new era of unruggable memes and the Meme Rewards Protocol.

$WELSH $STREET $CREDIT

[magoo @magoo_btc]

@muneeb Ossified kernel, programmable runtime - BTC + STX

[magoo @magoo_btc]

@blknoiz06 $STX to $10

[magoo @magoo_btc]

@muneeb

[magoo @magoo_btc]

@blknoiz06 Generational $WELSH incoming

[magoo @magoo_btc]

@techleadhd

[magoo @magoo_btc]

@ItalianGatorade Generational $WELSH

[magoo @magoo_btc]

@WealthyWelsh Generational $WELSH

[magoo @magoo_btc]

https://t.co/1Lo4055uH7 --- it's finally becoming a reality. @Stacks blockstack:native

[Grimaldo.btc 🟧🏹 @GrimaldoRemade]

Seeing $STX move from around $0.18 to $0.22+ hits different when you’ve been watching @Stacks build through the quiet days. 😅

Still early, still building but this kind of move definitely gets your attention.

Feels good seeing some life back in $STX 🟧

Who else is watching?

[Algorithm.btc @godfred_xcuz]

After the PoX-5 upgrade people asked if they could stake STX and earn more STX and/ or BTC.

The short answer is Yes.

Moreover, you can now stake native BTC and earn more BTC.

But how:

To get more STX, mint stSTX.

To get BTC, mint stSTXbtc or stake STX natively.

To get more BTC, stake BTC.

The BTC rewards come from Stacks miners and are distributed through a waterfall reward structure.

All in one place.

Where?

👇

[mrwagmi.btc @mrwagmibtc]

The calm before the $STX storm.

If you listen closely, you can hear the faint chatter of keyboards from diehard users of other blockchains researching and validating.

........is Bitcoin staking with $STX legitimate?

.......Bitcoin gets to stay under layer 1 in its native secure environment?

..... what the potenial impact of users also locking 5% in $STX per Bitcoin staking event?

.....how is @Stacks uniquely positioned to do this?

[magoo @magoo_btc]

@richardseiler @Stacks @RAILGUN_Project @0xPolygon @ethena @opentensor @RR2Capital This is the cycle of Stacks blockstack:native

[magoo @magoo_btc]

₿itcoin should never change but ₿itcoin is not destined to succeed. Programmability and economic activity must come from layer-2 technologies such as @Stacks.

[magoo @magoo_btc]

@enjoywithouthey @muneeb This.. let's ride to $1 for real this time

[magoo @magoo_btc]

@techleadhd Unpopular opinion: bitcoin is just warming up

[Enjo.btc 🥷🏽 (🌋,🌋) 🟠 @enjoywithouthey]

The 2nd coming of @Stacks $STX will send legacy community memes to mars.

@LeoCoinSTX team has been building @tenero_io

@Welsh_Community has a meme rewards protocol @welshstreet

$LEO & $WELSH become household names this bull run. 🚀

[muneeb.btc @muneeb]

good morning everyone

[Enjo.btc 🥷🏽 (🌋,🌋) 🟠 @enjoywithouthey]

TL;DR

Native Bitcoin yield with @Stacks is not a lending mechanism. There are no liquidation levels.

The yield comes from the Proof of Transfer PoX consensus mechanism.

No matter what price does, consensus continues.