I'm bullish on #Bitcoin, and I'm bullish on the ecosystem. That's why I'm bullish on $STX and it has proven to be one of the strongest runners since the market bottomed. It's up…
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I'm bullish on #Bitcoin, and I'm bullish on the ecosystem. That's why I'm bullish on $STX and it has proven to be one of the strongest runners since the market bottomed. It's up 190% and simply just…
I'm bullish on #Bitcoin, and I'm bullish on the ecosystem. That's why I'm bullish on $STX and it has proven to be one of the strongest runners since the market bottomed. It's up 190% and simply just at the start of a new run. Why? @Stacks have just sold out Bond 3 of their #Bitcoin staking, and it's sold out already in the bootstrap phase. It's significant, as staking your Bitcoin can enable passive income on top of simply holding your Bitcoin, which, inevitably is everyone's dream and stands by the thesis of Bitcoin. If I'd be able to allocate my assets into Bitcoin, have them stored in self-custody (or a provider that I trust) and I am able to earn 3% or more on a yearly basis, I'd be more than happy. That's the product that Stacks provides, and that ultimately benefits the underlying token. For every staked $BTC, it requires $STX to be locked equivalent to 5% of the underlying $BTC value for the entire period of the bond. This creates a flywheel: the more Bitcoin being staked, the more $STX being locked, the smaller the supply. Super interesting concept and I think an interesting narrative for the upcoming bull cycle.
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