Mojo

we heard you like btc yield 👀

sBTC testnet is already live ✅ sBTC mainnet on dec 16 🔥 the plan is for a controlled launch: first with deposits-only and a reasonable cap, then keep increasing the BTC cap, remove cap, and open up withdrawals. most imp upgrade for stacks. the bitcoin must flow 🟧

Top Weekly Community Questions 1️⃣ What should I do during Voting & Staking Stage? 🔸Vote with your ALEX & LiALEX. We've enabled weighted voting, so you can split your vote between different pools. You can only VOTE ONCE so make sure its your final decision. 🔸Staking your favorite LP pools. Surge rewards, both ALEX and community tokens, will 100% go towards Surge LPs alone. You can stake an unlimited number of times in any pool! 2️⃣ Does the Social Leaderboard decide how the 1M in ALEX Surge emissions is distributed? 🔸The Social Leaderboard determines how 1M in Foundation votes are allocated. This is the first and very large vote of the Vote & Staking stage. During the week, other ALEX and LiALEX holders will have a chance to vote as well. How 1M in ALEX is awarded, will depend on the final vote tally at the end of the stage. 3️⃣ I have LP tokens from meme coin pools, how do I use them in Surge? 🔸Surge LP pools and standard LP pools run in parrallel but the rewards are separate. If you hold LP tokens for a pool and you want to Stake them into Surge, you can withdraw the liquidity and move it into the Surge pools. If those tokens are locked in Farming, you have to wait until farming cycle conclude to do so. Surge is year long campaign so there will be time for all tokens being farmed to unlock and participate. 4️⃣ I'm already an LP for my favorite memecoin pool on ALEX, will I receive Surge rewards? 🔸No, Surge rewards are only for Surge LPs who stake during the Voting & Staking stage. You can withdraw the liquid of your standard LP tokens and transfer them into Surge LP tokens, or you can add additional liquidity to the Surge LP pools. 5️⃣ How do I know what the pool APR rewards will be? 🔸Pool APRs will fluctuate throughout the Voting & Staking stage depending on vote ranking, community rewards and numbers of LPs per pool. The APRs won't be final into the stage ends. You can stake an unlimited number of times, so if you are concerned about APRs changing, spread out your Staking over time so you can see how the stage and rewards are evolving.

$USDh is thriving on Zest Protocol it was a very successful first week for the Bitcoin-backed stablecoin! let's look at the numbers 👇