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  • Tokens
  • Stacks (STX)

    10/14/2025 16:00 UTC

    $0.467

    % Today
    -4.36%

    Unlock Schedule

    Stacks (STX) Token Unlock & Vesting Schedule

    The unlock chart above provides a clear visual overview of the Stacks (STX) token release schedule, showing when and how tokens enter circulation across investor, team, treasury, and community allocations. Understanding these tokenomics dynamics is critical for evaluating potential supply pressure, inflation impact, and market liquidity over time — key factors that can influence STX price performance.

    Each color segment in the chart corresponds to a specific allocation group described in the Allocations section below. Underlying assumptions and data models used to reconstruct this schedule are explained in detail under Assumptions, while broader utility insights and token use cases are covered in Tokenomics & Utility.

    Tokenomics & Utility

    What the STX token does

    The STX token powers the network economy. It is used to pay transaction fees, deploy and run Clarity smart contracts, register digital assets, and participate in Stacking to help secure the chain and earn BTC. Developers and users need STX for gas, similar to how ETH fuels Ethereum. (stacks.co)

    Supply and emissions

    Stacks tokenomics have evolved. Historically, some sites displayed 1.81B STX as a “max supply,” but that number was an old projection of supply by 2050. The project’s official guidance now clarifies that STX does not have a fixed hard cap; issuance is ongoing and governed through SIP (Stacks Improvement Proposal) votes. In mid‑2025, the community approved SIP‑031 to fund a five‑year endowment by adjusting emissions, with on‑chain voting thresholds set high to ensure broad agreement. (stacks.org)

    Stacking: earn BTC

    “Stacking” (with an “a”) is the consensus‑aligned way STX holders lock tokens for a set number of cycles to support network liveness. In return, they receive periodic BTC payouts sent by miners through PoX. Liquid options via DeFi protocols also exist for users who want flexibility while still supporting the network. (docs.stacks.co)

    Assumptions

    • Supply is uncapped; percentages are computed vs. the modeled total through 2050 (genesis + modeled PoX issuance through 2050 + SIP-031 emissions).

      Stacks Foundation clarified STX has no fixed max; the historic 1.818B by 2050 was an estimate, and SIP-031 adds emissions.

    • PoX mining schedule modeled using 144 Bitcoin blocks/day for tenure anchors.

      Stacks coinbase events occur per Bitcoin block/tenure; actual counts vary slightly; Nakamoto introduces faster microblocks but tenure anchoring persists.

    • SIP-029 extends 1000 STX/tenure through April 2026, then halves to 500 until April 2028, 250 until April 2032, and 125 thereafter.

      Official SIP-029 approval communicates extension to April 2026 and alignment with Bitcoin halvings; post-2026 reductions modeled to align with 2028/2032 halving years.

    • Reg A App Mining 40M tokens treated as unlocked at 2019-10-18.

      Hard fork instantiates tokens and begins unlock; program later paused. Exact month-by-month payouts not fully enumerated publicly.

    • SIP-031 Endowment emissions structure: 100M immediate, 100M 24-month vest, 300M streamed over 60 months.

      Stacks.org results + forum drafts summarize final five-year mint totaling 500M with these tranches; per-block streaming simplified to linear for charting.

    • Genesis date set to 2018-10-30 for unlock anchors.

      Official blog indicates activation at BTC block 547,921 on Oct 30, 2018; some filings reference November 2018; we anchor to the dated activation post.

    Allocations

    Founder Distribution (Genesis) 7.64%
    90%
    How certain we are about this information
    178,642,000 tokens
    Linear vesting: Oct 30, 2018 - Oct 30, 2021 (monthly)
    3-year time lock from genesis; modeled as linear monthly vesting per SEC exhibit. Actual smart contract releases 1/36th on distribution and then monthly, but aggregated linearly here.
    Equity Investor Distribution (Genesis) 4.64%
    90%
    How certain we are about this information
    108,493,373 tokens
    Linear vesting: Oct 30, 2018 - Oct 30, 2021 (monthly)
    3-year time lock from genesis; linear model.
    Employee & Contractor Distribution (Genesis) 3.19%
    90%
    How certain we are about this information
    74,509,321 tokens
    Linear vesting: Oct 30, 2018 - Oct 30, 2021 (monthly)
    3-year time lock from genesis; awards subject to vesting; modeled linearly.
    2018 Token Sales (SAFTs, LP Funds) 16.91%
    92%
    How certain we are about this information
    395,183,186 tokens
    Linear vesting: Oct 30, 2018 - Oct 30, 2020 (monthly)
    2-year time lock from genesis for the majority tranche.
    Linear vesting: Oct 30, 2018 - Oct 30, 2022 (monthly)
    Specific 50M tranche subject to 4-year time lock from genesis per SEC exhibit.
    2019 Token Sales (Reg A + Reg S) 5.14%
    95%
    How certain we are about this information
    120,056,154 tokens
    Linear vesting: Oct 18, 2019 - Oct 18, 2021 (monthly)
    2-year time lock from the Oct 18, 2019 hard fork distribution date.
    Reg A App Mining Allocation 1.71%
    75%
    How certain we are about this information
    40,000,000 tokens
    Cliff: Oct 18, 2019 — NaN% of allocation
    Payouts to applications/reviewers under Reg A program; instantiated at the Oct 18, 2019 hard fork. Program later paused; remaining tokens were reallocated to ecosystem endowment/foundation per subsequent governance, but tokens were created at this time.
    Short-term Treasury (Genesis Unallocated) 12.54%
    93%
    How certain we are about this information
    293,115,966 tokens
    Linear vesting: Oct 18, 2019 - Oct 18, 2021 (monthly)
    Unlocks from the Oct 18, 2019 hard fork over ~2 years per SEC exhibit.
    Long-term Treasury (Genesis) 4.71%
    93%
    How certain we are about this information
    110,000,000 tokens
    Linear vesting: Oct 30, 2021 - Oct 30, 2025 (monthly)
    Begins unlocking ~3 years after genesis, over ~4 years (SEC exhibit).
    PoX Mining Rewards (Network Issuance) 22.13%
    60%
    How certain we are about this information
    516,978,000 tokens
    Linear vesting: Nov 1, 2020 - Apr 30, 2026 (monthly)
    1000 STX per tenure (per Bitcoin block) for initial period; early bonus period (first ~10,000 BTC blocks) paid >1000 STX but offset by earlier reward start so 2050 supply effect is neutral. Modeled using 144 BTC blocks/day.
    Linear vesting: May 1, 2026 - Apr 30, 2028 (monthly)
    500 STX per tenure after SIP-029 extension, aligning toward the 2028 Bitcoin halving.
    Linear vesting: May 1, 2028 - Apr 30, 2032 (monthly)
    250 STX per tenure between the 2028 and 2032 Bitcoin halving windows.
    Linear vesting: May 1, 2032 - Dec 31, 2050 (monthly)
    125 STX per tenure from ~2032 halving onward. Supply is uncapped; this model truncates at 2050 for charting.
    SIP-031 Endowment Emissions (Governance Mint) 21.40%
    80%
    How certain we are about this information
    500,000,000 tokens
    Cliff: Jul 30, 2025 — NaN% of allocation
    Immediate working capital minted at SIP-031 hard fork (Stacks 3.2).
    Linear vesting: Jul 30, 2025 - Jul 30, 2027 (monthly)
    Private placements tranche minted and locked; vests 1/24 monthly (12–36M lockups on resale).
    Linear vesting: Jul 30, 2025 - Jul 30, 2030 (monthly)
    Emissions streamed to the Endowment over 60 months at tenure start blocks; modeled here as linear monthly for charting. Unused emissions may be burned per SIP-031.

    Description

    #125

    Stacks is a cryptocurrency that enables smart contracts and decentralized applications on Bitcoin. It is used to fuel the Stacks network, reward miners, and earn bitcoin by Stacking.

    Sector: Layer 2
    Blockchain: Bitcoin
    2019
    POS
    Last Updated: 10/11/2025 12:59 UTC