Each reward cycle may transfer miner funds to up to 4000 Bitcoin addresses. In order to send this volume of transactions, thresholds to participate natively in Stacking are dynamic based on amount of liquid supply that is participating.
By end-Jan 2021 approximately 1,006M (1B) liquid STX, thresholds are as follows:
At present-day calculations, 70k STX will be the threshold up to 250M STX participation. As of Fri. Jan 29th there were 112M STX participating.
- Assume 25% of liquid supply is participating, the min threshold is 70k STX (~62.5k STX rounded up to the nearest 10,000)
- Assume 50% of liquid supply is participating, the min threshold is 130k STX (~125k STX rounded up to the nearest 10,000)
In the event that a Stacker signals and locks up enough STX to submit multiple reward addresses, but only submits one reward address, that reward address will be included in the reward set multiple times. In the event that not all 4000 reward slots are taken, bitcoin rewards are burnt.
While anyone can provide metrics and visibility given the open nature of the network, the team at Hiro PBC is working on a tool to provide more immediate insights to changing participation levels. Until then the Stacks Wallet by Hiro PBC allows Stackers to stack only in intervals of the correct stacking amount.