Stacks draws about 735 BTC into Bitcoin Staking across two bonding rounds
- —Genesis Bond since September 10 raised 230 BTC
- —Second bond drew about 505 BTC against a 500 BTC cap
- —483 of the 505 BTC in Bond 2 came via Stacking DAO's stBTC
- —STX staking rose 25% to 493 million tokens after PoX-5
Why it matters: Growing Bitcoin staking and stBTC's share signal demand for BTC yield and expand the collateral base for DeFi on Stacks.
Source: Crypto Briefing