Blockstack partners with Staked enabling STX holders to earn bitcoin

Blockstack PBC, an independent entity in the Stacks ecosystem that’s bringing apps and smart contracts to bitcoin, announced today its partnership with Staked, an infrastructure services provider for institutions seeking to earn rewards on their crypto assets. This partnership expands the scope of where STX holders can safely and easily earn BTC and affirms Staked’s leadership position in the crypto asset staking marketplace.

Stacks’ novel consensus algorithm, Proof-of-Transfer (PoX), empowers STX token holders meeting a dynamic minimum requirement to earn BTC for helping secure Stacks network. The venue’s robust infrastructure enables the possibility for high-value STX holders to stack STX and earn BTC returns.

Timeline of Bitcoin, Blockstack