Prince Troy | ​BTCFi

For years, we treated $BTC, the ultimate asset, like a static rock. We stared at charts, waiting for it to move. But that has changed entirely. It is time to put that capital to work with L2s like @Stacks, @Starknet, @citrea_xyz, etc. Watch as Ben, Troy & Anna explain BTCFi

Day 8/10: Post-TGE Series (Why there is no second ethereum:0xf326c8c9a691319f6330e27aa4a39f2d22c88dc5!) If you buy a house from the person who actually wrote the building codes, you never worry about the foundation giving out during a storm. In this fast-moving space, true engineering lineage is incredibly rare. @ZestProtocol stands apart because it launched the inaugural money market on @Stacks back in April 2024. Their story goes much deeper than just being first to market. The core Clarity contract primitives powering the platform were originally engineered during the team's intensive years building Bitcoin infrastructure at Trust Machines. This unique heritage is why their system possesses such strong structural longevity. Those early designs directly paved the way for full sBTC lending integration. This gives users access to deep architectural groundwork.

@randgroup @Stacks Smart money never guesses because they always follow the hard data. Spotlighting Stacks alongside global market trends proves that Bitcoin layers are no longer a retail experiment. Connecting real world assets to Bitcoin security is the next major leap for global finance.

⚡️ NEW REPORT: Our latest Market Research is now live! 🔹 Market Review 🔹 RWA & On-Chain Perps 🔹 Space Industry 🔹 S&P500 at historical highs 🔹 Project Research: @Stacks 📊 Read it now: rr2.capital/crypto-researc…

@RR2Capital @Stacks Great report here. Stacks spotlight rocks always. 🟧

📢Our monthly Report is now live: 🔸 Market Review. 🔸RWA and On-chain perps latest. 🔸Spotlight on @Stacks 📍Read it here: rr2.capital/crypto-researc…

@richardseiler @RR2Capital @Stacks @OndoFinance @OndoPerps @Securitize @SpaceX @randgroup Deep research separates tourists from true builders. The comprehensive RR2Capital breakdown proves institutional capital is closely watching Bitcoin layers. Capital naturally flows where idle assets become productive through highly secure smart contracts.

The @RR2Capital report is out 📣 ▫️ Market Review ▫️ RWA and On-chain perps latest ▫️ The Space Race ▫️ Spotlight on @Stacks 💡 Read it all here, its a good one : rr2.capital/crypto-researc…

@belizardd @nakamoto @BitcoinMagazine @Stacks Smart capital always puts security before profits. Seeing a top global treasury stake directly on Stacks shows that the institutional tide has turned. This move unlocks real Bitcoin yield without forcing holders to use risky bridges or wrap their original assets.

UTXO Management is the 20th largest Bitcoin treasury in the world... arm of @nakamoto, the same parent company as @BitcoinMagazine. They just became the first institutional BTC holder to stake on @Stacks. "Why does this matter?" Well, institutions have always wanted BTC yield. The problem was never demand; it was trust. Every existing BTC yield product asks you to wrap it, bridge it, or lend it out. Ewww... it sucks, honestly. For a treasury that's legally responsible for billions in BTC, that's not a yield product. That's a liability, right? UTXO specifically builds institutional BTC products. They know this problem better than anyone. They chose Stacks anyway. ;)

@hodlstxbtc @StacksOrg Picture a vault built for both cautious savers and bold builders. The PoX 5 draft gives risk averse institutions predictable yield while STX holders capture massive upside. Restoring the block reward to one thousand STX ensures highly precise market modeling.

📌 SIP Office Hours Recap Bitcoin Staking SIP (PoX-5) Q&A ◆ Overview A SIP Office Hours session hosted by @StacksOrg. A community Q&A on the Bitcoin Staking SIP (PoX-5) draft released on June 4. · Host: Stacks Foundation · Answering: Alex Miller + Muneeb Ali (Stacks Labs) · Centered on questions raised on the forum ◆ The Foundation's Role · Neutral, neither advocating for nor against the SIP · Purpose is to give the community space and resources to engage · Supporting a smooth governance process · Technical and economic questions answered directly by Labs ◆ Why Bitcoin Staking · Gives more people a reason to care that STX exists · The biggest top-of-funnel for onboarding Bitcoin holders to Stacks · Native BTC yield is Stacks' strongest differentiator · Smart contracts and NFTs alone don't move users right now · Bitcoin creates the incentive to hold STX, and STX is what secures the network ◆ Emissions Change · Block reward permanently restored to 1,000 STX · Halvings eliminated going forward · Additional 500 STX boost for the first 6 months (→ 1,500 STX) Why 1,000 STX: · The baseline Stacks ran on for its first five years · The step-down to 500 in April 2026 was the exception · Based on data from Stacks Labs' finance team and SIP authors (Tange, Sam) · A proven level where market response can be modeled accurately Possible future reduction (Alex): · If the program succeeds and the STX/BTC ratio is high enough · Emissions could be lowered later · Or a burn program / burn capacity could be introduced · But this is a discretionary reduction or burn, not an automatic adjustment ◆ Halvings Are Essentially Legacy Code (Muneeb) · A convention copied from early Bitcoin clones (Zcash and others had similar halvings; ~500 coins copied it then) · Stacks' total supply was first set at 5 billion STX, then reduced multiple times early on · Halvings have never actually triggered in Stacks history (always postponed for one reason or another) · The first trigger now was only due to SIP timing, otherwise it wouldn't have Muneeb's future vision (not part of this SIP): · Bitcoin (store of value) and STX (economic layer) are different assets · A comprehensive Stacks supply SIP will be needed separately down the road · A fixed inflation rate based on growth and miner/staker incentives · Muneeb has a rough sketch of it · The inflation rate could be adjusted ceremonially at each Bitcoin halving · But that adjustment should look entirely different from a halving (since STX is not a store-of-value asset) ◆ Funding the Boost (community feedback applied) · 6-month 500 STX boost = ~13 million tokens · Original plan: newly issued via Coinbase rewards · Community input: "If it's a growth mechanism, the endowment should fund it" · Revised direction: burn an equivalent amount from the treasury → still issued to miners via Coinbase to incentivize BTC bids → effectively funded by the endowment's growth programs · Pending financial and regulatory checks ◆ Mining Competition · Stacks mining is highly competitive on a financial basis · Miner margin is around 5% · ~95% of the STX block reward value flows back as BTC bids · Nakamoto Bitcoin finality makes reorg games impossible · High confidence in the market modeling ◆ How It Secures the Network (question) Q. How does Bitcoin Staking secure the Stacks network? · Holding STX is the core of network security · All governance = STX only · Signer weight (validation authority) = STX only · Bitcoin has no governance or signer role · Bitcoin's role: a powerful incentive to hold and align with STX · Giving Bitcoin some signer weight was discussed, but since holding more STX means more alignment with the network, keeping weight on STX alone was judged the more elegant approach ◆ STX Price and Rewards · What matters is the STX/BTC ratio · Whether routed through USD or not, it's the same ratio · USD terms are used simply because they're easier to grasp · Since Bitcoin always moves, USD-only tables assume a fixed Bitcoin price (relative movement only) ◆ Depth of Economic Research · Sam (ex-Black Lotus Capital) joined as a SIP author · Pulled tick-level trade data from all major exchanges (4-5 years) · Modeled market flows across pre-bull, bull, post-bull, and bear · Ongoing weekly monitoring · SIP-31 made it possible to bring on full-time specialists · The data behind the SIP appendices comes from this work ◆ Existing STX Holders' Volatility Concern (question) Q. Doesn't this give incoming participants predictable BTC yield while exposing existing STX holders to greater volatility? · That is the intended design of the program · STX is a higher-beta asset relative to Bitcoin (when BTC rises, STX rises more; when it falls, STX falls more) · Large Bitcoin holders are fundamentally risk-averse · This is a concept borrowed from TradFi · Institutions get stable yield but with a capped upside · STX holders may get 0% in one cycle and 10-15% in another (based on overflow) ◆ How STX-Only Stakers Actually Earn More · In cycles with little Bitcoin inflow, the surplus BTC all flows into Tranche 2 → continuously accruing to STX-only stakers · STX paired by Bitcoin holders is staked but earns no yield → the total STX sharing rewards shrinks → raising the yield for existing STX-only stakers ◆ Removing the 100-Block Burn Cycle · The existing PoX 100-block proof-of-burn cycle is removed · Historically ~600 BTC was simply burned (never distributed) · Now it flows through the smart contract to participants · About 5% of "free yield" is newly captured and distributed ◆ Sell-Pressure Assumptions Miners: · Assumes miners sell 100% of the STX they receive (conservative) · Miners spend BTC to win block rewards, taking only ~5% margin SIP-31 unlocking STX: · Does not hit the market the same way · Much of it is used by the endowment for DeFi deployment / collateral · Even when sold, it's sold privately to long-term locked holders · ~4-5M STX unlocks monthly, but not all reaches the market · The endowment must last far longer than five years, so much of it needs to be held long-term ◆ The Tension the Bond Structure Resolves (Muneeb) Two types of participants: · Institutions / OG Bitcoin holders: extremely risk-averse - Dislike variable yield, prefer a stable 3% bond - Willing to give up upside for downside protection · STX holders: early adopters, risk-tolerant - Betting on something new with big potential - Up to 7-8% yield in a bull market (bonds stay at 3%) - But may earn less in a downturn Why it matters: · Each group gets the product it wants · Reinforces STX as a higher-beta asset in the market's eyes · The clearer STX's identity, the easier its adoption and integration ◆ Next Steps · Forum feedback phase stays open · Draft will be refined and formally moved to GitHub · Additional calls planned beyond the regular SIP calls · Recording to be shared and summarized 📚 Forum discussion forum.stacks.org/t/introducing-…

@Aneetah350 Best at what you do 💯

This is who I am! GM Famm❤️ Send a DM todayyy.

@coingecko @ZestProtocol

Project that will save crypto?

It's the weekend; forget the markets, relax and have a good sleep. Your body needs some rest.

@hodlstxbtc @Stacks @ZestProtocol @TychoOnnasch @muneeb @trustmachinesco @binance @Bybit_Official @KevinWilliams @TimDraper @cz_binance Thank you, HN. 🧡

@PrinceTroyC @Stacks @ZestProtocol @TychoOnnasch @muneeb @trustmachinesco @binance @Bybit_Official @KevinWilliams @TimDraper @cz_binance Good post.

@Btcniumowang @Stacks @ZestProtocol @TychoOnnasch @muneeb @trustmachinesco @binance @Bybit_Official @KevinWilliams @TimDraper @cz_binance Fr!

@PrinceTroyC @Stacks @ZestProtocol @TychoOnnasch @muneeb @trustmachinesco @binance @Bybit_Official @KevinWilliams @TimDraper @cz_binance Solid engineering lineage matters

@ZestProtocol @binance Great news for Zest! 🍊

$ZEST is now listed on @binance Futures with up to 10x leverage.

@muneeb Stacks is well positioned Fr! Building on a predictable language like Clarity on Stacks means smart contracts run safely without hidden bugs.

Thoughts on Stacks (blockstack:native) and markets: - The four year cycle stays true. Bitcoin highs are muted but lows also likely muted. - The AI models discovering bugs issue is real. Flight to safety will be a trend to watch. - Bitcoin stayed simple with verifiable and transparent supply. All additional functionality can be built on top. - Stacks optimized for safety and went for a decidable language (Clarity). Safety will end up being *the* thing to optimize for. - There is likely going to be one maybe two Bitcoin L2s that take all/most of the traffic. - After Bitcoin gets a quantum upgrade, depending on new signatures, Bitcoin bandwidth will likely decrease by 50%-97%; highlighting increased need for L2s. - Bitcoin staking is a $100B+ market with increased demand for BTC on BTC yield coming from institutions and DATs. - Stacks has seen two cycles before (1) mainnet launch (BTC smart contracts), (2) Nakamoto launch (speed & sBTC), now we’re working on (3) Bitcoin Protocol Bonds launch that unlocks the largest market yet. - Last year, the ecosystem restructured for operational efficiency plus a new treasury. Stacks Labs is well funded, laser-focused, and hyped up about the new launch. - Stacks is Lindy in crypto & Bitcoin at this point. Largest Bitcoin project by marketcap & active devs for 5 years. When BTC starts to recover, so will STX but as higher beta. - Bitcoin might reach $150K-$250K next cycle (halving is early 2028) which is a 3-4x, Stacks is more in the 20-50x range given higher beta history and upcoming catalyst of Bitcoin Protocol Bonds. (Not financial advice and more on protocol bonds later). - In the chart below, there were only three times in history for lowest entry points. Before mainnet when everything was unproven, before Nakamoto, and now. - The upcoming SIP for protocol bonds launch will likely get accepted, with good feedback from community to drop/adjust the boosted rewards period (I support adjusting/removing this variable.) We’re buying here and then patiently waiting next 6-months for protocol bonds to go live, markets to bottom out, and our thesis of Bitcoin as the king asset with a thriving on-chain BTC economy to play out. Let’s go! 🟧

@Stacks Stacks is the ticker enabling generating native yield while keeping self custody. Your assets actively work for you without trusting a central entity.

Growing interest in productive Bitcoin strategies. = Stacks.

@godfred_xcuz Massive shift in the Stacks ecosystem fr. Reading this SIP draft helps understand native BTC yield mechanics while letting your voice guide network security.

Stacks Community is doing very well currently 🙌 Let's push for more discussions on the forum and in the upcoming space. x.com/i/spaces/1dxYl… LFG, We are winning

@Stacks Great development for Stacks! The forum draft detailed here introduces PoX 5, bringing true staking to the network. You can securely lock your BTC to power smart contracts and anchor capital directly on Stacks.

The PoX-5 SIP is here. The first draft that brings Bitcoin Staking to Stacks is on the forum👇

@richardseiler @Stacks @Cointelegraph I can imagine the sheer panic shifting to absolute brilliance when they actually do that. Everyone expects a massive dump when Mt. Gox coins move, but naah Activating that idle liquidity on Stacks to generate native yield instead of selling is how smart money really operates.

Alpha 📣 "Mt. Gox moves 10,422 BTC worth $739M from cold storage, reviving creditor distribution fears" They looking to stake on @Stacks ? Source: @Cointelegraph

24H Top 5 Gainers on #KuCoin (June 5, 2026) $ZEST - $0.25 (+81.72%) $DEGEN - $0.001535 (+39.00%) $DEFI - $0.00023435 (+30.98%) $SIREN - $0.72 (+23.18%) $EPIC - $0.60 (+24.39%) Check Out and Sign Up on KuCoin! kucoin.com/price?utm_sour… #Ku24hour

ethereum:0xf326c8c9a691319f6330e27aa4a39f2d22c88dc5 ZEST IS LIVE ON X. CAN YOU SEE IT ANON?