Bitcoin layer-2 platform Stacks said in its third-quarter ecosystem report that 735 BTC entered its Bitcoin staking system across the first two lockup cycles. The report also said that, since the PoX-5 hard fork, the amount of STX participating in staking has risen by more than 25%, increasing from 392 million STX to 493 million STX. In the first lockup cycle, Bond 1, deposits totaled 230 BTC, with participants including 21shares, HashKey Cloud, UTXO Management, and Sypher Capital. Stacks said the second lockup cycle saw deposits double to 505 BTC. The figures were disclosed in the company’s Q3 ecosystem update.
Bitcoin layer-2 platform Stacks released its third-quarter ecosystem report, saying that 735 BTC entered its Bitcoin staking system over the first two lockup cycles.
According to the report, the amount of STX participating in staking has increased by more than 25% since the PoX-5 hard fork, rising from 392 million STX to 493 million STX.
In the first lockup cycle, Bond 1, deposits reached 230 BTC. Participants included 21shares, HashKey Cloud, UTXO Management, and Sypher Capital. Stacks said deposits in the second lockup cycle doubled to 505 BTC.
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