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Bond 1

Bond 1

The Genesis Bond

The Genesis Bond opened September 10, 2026 and sold out at 230 BTC with four institutions. Weekly BTC rewards have been paying since September 17, 2026, and the term runs to March 10, 2027.

Public figures as of
October 13, 2026
230
BTC
BTC bonded
Sold out · Earning
Status
4
Named participants
0.97
BTC
Rewards paid, first month
September 10, 2026
Opened
March 10, 2027
Term ends
and set the terms for the following bonds.

Timeline

How we got here
July 30, 2026
PoX-5 activates
The Proof of Transfer upgrade that enables Bitcoin Staking goes live at Bitcoin block 960,230.
September 10, 2026
Genesis Bond opens and sells out
230 BTC bonded by UTXO Management, 21Shares and HashKey (self-custodial) and Sypher Capital (liquid staking via StackingDAO).
September 17, 2026
First weekly BTC reward paid
Genesis Bond participants receive their first BTC payout; rewards continue to be paid out every Bitcoin week.
September 24, 2026
Anchorage Digital custody announced
Institutions can enroll and fund bonds from Anchorage Digital Bank accounts; BTC held by a federally chartered bank for the term.

BTC bonded

Cumulative BTC locked on Bitcoin L1 as each bond opened, with this bond highlighted.
Cumulative BTC bonded
Genesis Bond · Sep 10
BTC bonded, cumulative
BTC bonded per bond
Genesis Bond · Sep 10
BTC bonded in the period

Bond results

Size, participants, rewards and terms.
Bond
1
· Opened
September 10, 2026
The Genesis Bond
Sold out · Earning
230
BTC
0.97
BTC
First month rewards PAID OUT
4
Cycles paid
3.6
M
STX
STX paired
Participants
UTXO Management, HashKey Cloud, 21Shares, Sypher Captail
Rewards
Paid weekly in BTC
Target yield
~3% annualized (target, not guarenteed)
Term ends
March 10, 2027

Participants, pools and custody

Everyone publicly named in this bond or supporting it, and which path they take.
Name
Type
Path
Bonds
Note
StackingDAO
Pool operator
Path
Liquid staking (stBTC)
BONDS
1, 2
Majority of Bond 2 capacity
21Shares
Institution
Path
Self-custodial
BONDS
1, 2
Returned for Bond 2
UTXO Management
Institution
Path
Self-custodial
BONDS
1
Anchor participant in the Genesis Bond
HashKey Cloud
Institution
Path
Self-custodial
BONDS
1
Anchor participant in the Genesis Bond
Sypher Capital
Institution
Path
Liquid staking via StackingDAO
BONDS
1
Pooled staking
Fireblocks
Custody
Path
MPC wallet and signing
BONDS
—
SOC 2 Type II
Fordefi
Custody
Path
MPC wallet and signing
BONDS
—
SOC 2 Type II
Anchorage Digital
Custody
Path
Qualified custody
BONDS
—
Announced September 24, 2026
Ledger + Leather
Custody
Path
Hardware self-custody
BONDS
—
Keys never leave the device

Stacks is where Bitcoin Earns.

Read the Bitcoin Staking Overview →