🏦 STACKS BOND 3 SELLS OUT: MAJOR INSTITUTIONS PUT BTC INTO STAKING
💰 Major institutions return to BTC staking on Stacks
Stacks Bond 3 has sold out, with 21shares returning after participating in the previous two bond rounds, alongside a publicly traded company staking 22,000 BTC from its corporate treasury. This marks the first time a company among the top 10 public holders of BTC has participated in earning yield on BTC through Stacks.
📊 1,005 BTC cap and 3% annual yield
Bond 3 opened with a 1,005 BTC cap, larger than the combined total of the previous two rounds, and a target yield of 3% per year, paid weekly in BTC on-chain. Each participating BTC must be locked with STX worth 5% of the BTC’s value for 6 months. The BTC is returned in full at maturity, and Bond 4 registration opens on 3/12.
🌤️ Institutional capital is looking for ways to earn yield on BTC while retaining self-custody, and the requirement to lock STX as collateral for each participating BTC is the most notable aspect of this model.
$STX $BTC
💰 Major institutions return to BTC staking on Stacks
Stacks Bond 3 has sold out, with 21shares returning after participating in the previous two bond rounds, alongside a publicly traded company staking 22,000 BTC from its corporate treasury. This marks the first time a company among the top 10 public holders of BTC has participated in earning yield on BTC through Stacks.
📊 1,005 BTC cap and 3% annual yield
Bond 3 opened with a 1,005 BTC cap, larger than the combined total of the previous two rounds, and a target yield of 3% per year, paid weekly in BTC on-chain. Each participating BTC must be locked with STX worth 5% of the BTC’s value for 6 months. The BTC is returned in full at maturity, and Bond 4 registration opens on 3/12.
🌤️ Institutional capital is looking for ways to earn yield on BTC while retaining self-custody, and the requirement to lock STX as collateral for each participating BTC is the most notable aspect of this model.
$STX $BTC
