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Self-custodial Bitcoin yield finally moved from concept to something live this quarter. Institutions filled the early bonds, and the liquid version started circulating right away. 735 $BTC went into the first two bonding periods. Staked $STX climbed more than 25% to 493M. That’s the surface of what the Q3 report on @Stacks shows. The details on who participated and where the capital actually moved are worth walking through ... - 🧵 @Stacks $STX

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