Stacking STX (Stacks)¶
Stacks is a Bitcoin layer-2 network that brings smart contracts and DeFi to Bitcoin through Proof of Transfer (PoX). When you stack STX, you earn rewards paid in BTC.
Key facts¶
| Stacking partners | Chorus One and Kiln |
| Rewards | Paid in BTC at the end of each month, to the vault that stacked |
| Reward rate | Varies with BTC and STX prices, BTC committed by miners and total STX stacked. Hex Safe shows the current average |
| Slashing | None. Stacks never reduces your principal |
| Positions | One active stacking position per vault. To stack more, use another vault |
| Cycles | Each cycle is about 2,100 Bitcoin blocks, roughly 15 days |
How rewards are generated¶
- You stack STX before a cycle begins to be eligible.
- Miners commit BTC to write Stacks blocks, and receive STX rewards and fees.
- The BTC that miners commit is distributed to eligible stackers as rewards.
Stack STX¶
- Go to Staking, find STX and click Stake.
- Read the staking information and click Continue.
- Choose the vault to stack from and click Continue.
- Select your stacking partner, then read and accept the terms and conditions.
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Enter the STX amount, then set the duration in cycles or choose Infinite Duration.
With Infinite Duration you can unstack whenever you like, followed by an on-chain cooling period of one cycle.
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Click Stake, then Confirm Staking.
- Confirm in your Hex Safe Mobile App. Users with the Approver role then approve it.
Unstack STX¶
- Go to Staking and find your STX position.
- Click Unstake.
- Check the asset, network and vault, then click Confirm Unstaking.
- Confirm in your Hex Safe Mobile App. Approvers then approve it.
FAQs¶
How do I get another vault to stack again? Create one in Vault Management.