In the last iteration of Inside Clarity Universe
, students learned about Stacking, the process in which STX holders put up STX and earn BTC rewards. This week, guest speaker, Friedger Müffke
, a longtime Stacks contributor and an early pool founder, took this a step further and dug into delegated Stacking via Stacking pools
. Stacking pools allow individual Stackers to pool their STX together as a community in order to collectively earn rewards.
Much like a lifeguard, a pool admin oversees the Stacking pool and performs Stacking on behalf of the community. Pool admins also set the rules for entering the pool such as the Stacking minimum to participate.
Stacking pools also help solve one major problem for Stackers. As an individual stacker, the minimum requirement to Stack is around 100,000 STX (this fluctuates based on the network). In a pool, individual Stackers can avoid this minimum and still earn rewards. In the case of Fridger’s pool, it is free to swim (meaning no fees) but it has a 40 STX Stacking minimum, which is a generous minimum compared to 100,000 STX.
By getting a full lay of the land with Friedger, students can now see that Stacking can have multiple use cases and is often more fun with a Friedger or a friend.