🟧 Building Bitcoin DeFi Since 2021

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ALEX Community Update: Commencement of Buyback & Burn and Close of TGP Following governance approval of End of Emissions, Token Buyback and Burn, Close of TGP, the buyback-and-burn phase is being initiated and the Treasury Grant Program is now formally closed, after claims remained open for more than two years. Where things stand: 🔸Emissions are tapering to zero ALEX is in its final emissions cycles; farming and staking rewards reach zero from cycle 409, after which no new $ALEX will ever be issued. Rewards continue through the remaining cycles and wind down with them; no action is required from participants in the meantime. 🔸 Buyback and burn commences soon The unclaimed STX remaining in the TGP treasury at the close of the grace period (approximately 1.44 million STX, swept to the DAO treasury on execution of AGP-633) initiates the program; protocol revenue in excess of essential operating costs sustains it thereafter. Both fund the buyback and permanent burn of $ALEX. Purchases are made at the Foundation’s discretion at prevailing market prices over time; no start time, schedule, per-purchase size, or execution method will be published in advance. 🔸 TGP 2024 is closed A two-week governance vote approved the close of claims, followed by a 30-day grace period for remaining TGP 2024 claims that concluded on July 1. TGP 2024 has now formally closed. Obligations under TGP 2025 were fully discharged previously. This marks the protocol’s transition from an inflationary to a deflationary token model. Also of note: Brotocol aBTC and aUSD peg-out window has closed As Brotocol moves to a new chain, the standard peg-out window for Stacks-based $aBTC and $aUSD has closed. Per Brotocol, assets remain recoverable; peg-outs are now handled directly with the Brotocol team on an ad hoc basis, see 🔗nitter.net/Brotocol_xyz/status/20… A transparency report covering treasury disposition and buyback-and-burn activity will be published in due course.
Brotocol: Stacks Peg-Out Window Closed — What Happens Next The standard peg-out window for Stacks-based $aBTC and $aUSD closed on July 15, 2026, as previously announced. Your assets remain backed and recoverable. The closing of the standard window does not affect the backing of $aBTC or $aUSD. If you still hold either asset on Stacks, you can still peg out. The peg-out UI will be taken down. In its place, the site will direct holders to Brotocol’s Discord and Telegram, where the team will handle peg-out requests directly. How to peg out from here: Contact the Brotocol team via Discord (discord.com/invite/brotocol) or Telegram (t.me/brotocol_xyz). Requests are handled on an ad hoc basis. There is no guaranteed turnaround time, and processing may take significantly longer than the previous weekly batch schedule. Include your wallet address and the asset and amount you wish to peg out. We encourage all remaining holders to complete their peg-outs by August 15, 2026. This is not a hard cutoff, but requests made after this date may take considerably longer to process. Details on Brotocol’s next phase will follow in a separate announcement.
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ALEX 🟧 No. 1 Bitcoin DeFi retweeted
🟠 Now live 🟠 Levered Bitcoin Staking on @Stacks. This Vault one click loops stBTC into more Bitcoin Staking yield. No manual borrowing, no rebalancing.
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ALEX 🟧 No. 1 Bitcoin DeFi retweeted
stBTC is live on @Stacks. Deposit and earn Bitcoin Staking yield that auto-compounds in BTC, up to a 2.6% target yield produced by Stacks Bitcoin Staking. Allocation is limited, first come first serve.
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ALEX Buyback and Burn: Second Progress Report Since our first report on August 3, a further 30,125,640 $ALEX have been purchased and burned. As of September 2, 2026: 🔸 42,953,414 $ALEX permanently burned: approximately 4.5% of current total supply (now 945,606,936). 🔸 ~568,400 STX deployed: about 39% of the treasury allocation, up from 11%. Every purchase and burn settles on-chain and is verifiable. No schedule or execution detail is published in advance. medium.com/alexgobtc/alex-bu…
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First Progress Report: ALEX Buyback & Burn: July Progress Report The buyback-and-burn program is live. STX from the closed TGP treasury is being used to purchase $ALEX on the open market, and every $ALEX purchased is permanently burned. As of July 31, 2026: 🔸 12,827,774 $ALEX permanently burned — removed from supply and cannot be reissued 🔸 Approximately 160,700 STX deployed from the treasury allocation 🔸 Every purchase and burn settles on-chain and is independently verifiable Purchases are made at the Foundation’s discretion at prevailing market prices over time. Consistent with prior guidance, no schedule, size, or execution detail is published in advance. Burns are reflected in the $ALEX total supply on-chain. Further updates will follow as the program progresses. Full details: medium.com/alexgobtc/alex-bu… Vault: SP1KK89R86W73SJE6RQNQPRDM471008S9JY4FQA62.alex-buyback
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🚨 Final 15 ALEX Emission Cycles ⌛️11 Hours Left to Join Cycle #395 Rewards ⌛️ Less than 11 hours remain to the join the next rewards cycle 🔗app.alexlab.co/farm 🧑‍🌾 Current Farming Yields + Fee Rebate for cycle #395👇 $aBTC - $aUSD 129% APR $ALEX - $WELSH 57% APR $STX - $ALEX 32% APR $ALEX - $LEO 22% APR $ALEX - $LiALEX 19% APR Fees and yields are dynamic and can change up to the last moment. 🐶 $WELSH @Welsh_Community leading the pack with a combined rewards of 57% 🔥
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ALEX Buyback & Burn: July Progress Report The buyback-and-burn program is live. STX from the closed TGP treasury is being used to purchase $ALEX on the open market, and every $ALEX purchased is permanently burned. As of July 31, 2026: 🔸 12,827,774 $ALEX permanently burned — removed from supply and cannot be reissued 🔸 Approximately 160,700 STX deployed from the treasury allocation 🔸 Every purchase and burn settles on-chain and is independently verifiable Purchases are made at the Foundation’s discretion at prevailing market prices over time. Consistent with prior guidance, no schedule, size, or execution detail is published in advance. Burns are reflected in the $ALEX total supply on-chain. Further updates will follow as the program progresses. Full details: medium.com/alexgobtc/alex-bu… Vault: SP1KK89R86W73SJE6RQNQPRDM471008S9JY4FQA62.alex-buyback
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LISA will begin a phased wind-down of its liquid staking products following the PoX-5 upgrade. From August: • LiALEX becomes redeem-only • LiSTX becomes redeem-or-migrate to Fast Pool • LiaBTC is removed from the interface No immediate action is required. Redemptions and migrations remain available throughout the transition, with the LISA interface expected to retire by the end of 2026. Please review the full timeline and plan ahead.
LISA Product Wind-Down and Migration to Fast Pool Following activation of the pox-5 upgrade, expected on or around July 29, LISA will begin a phased wind-down of its liquid staking products, with the process expected to conclude by the end of 2026. The following changes will take effect in August: 🔸 LiaBTC will be removed from the LISA interface LiaBTC was discontinued in March 2025, and its redemption window closed on September 30, 2025. Its removal from the interface completes that process. 🔸 LiALEX will become redeem-only No new LiALEX will be created. As previously announced, ALEX emissions conclude at Cycle #409, currently expected in approximately two months. LiALEX redemption will remain available throughout the wind-down period. 🔸 LiSTX will become redeem-or-migrate No new LiSTX will be created. Existing holders may either redeem their position to STX or migrate it to a Fast Pool stacking position directly through the LISA interface. Timeline: • August: Creation of new positions is disabled; LiALEX redemption and LiSTX redemption or Fast Pool migration remain open • November: Final shutdown notice for LiALEX and LiSTX redemption • End of 2026: The LISA interface is retired; STX stacking continues through Fast Pool No immediate action is required, and existing positions remain unaffected today. Redemption and migration options will remain available throughout the wind-down. Holders are encouraged to complete any redemption or migration well ahead of year-end rather than waiting for the final notice. Further updates will be shared as each phase of the transition approaches.
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🚨 Final 18 ALEX Emission Cycles ⌛️29 Hours Left to Join Cycle #391 Rewards ⌛️ Less than 29 hours remain to the join the next rewards cycle 🔗app.alexlab.co/farm 🧑‍🌾 Current Farming Yields + Fee Rebate for cycle #391👇 $ALEX - $WELSH 128% APR 🥇 $aBTC - $aUSD 95% APR $STX - $ALEX 37% APR $ALEX - $LEO 26% APR $ALEX - $LiALEX 19% APR Fees and yields are dynamic and can change up to the last moment. 🐶 $WELSH @Welsh_Community leading the pack with a combined rewards of 128% 🔥
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ALEX 🟧 No. 1 Bitcoin DeFi retweeted
Upbit (Korea) confirmed that their Stacks network upgrade is already complete! 127 Bitcoin blocks to go. What is this upgrade and why is it imp? A rambling post … There have been two major launches in the history of Stacks. The original mainnet launch in 2021 and Nakamoto in 2024. These resulted in peak STX market of $3 billion and $5 billion respectively. Both hit limitations and fell shy of reaching their full potential. The 2021 Stacks was slow and congested (running at Bitcoin speed of 10-40 mins), and the 2024 Nakamoto still relied on a trusted group of signers. $600M of BTC capital was deposited over it but scaling it to $60 billion+ in BTC capital requires removing trust assumptions. The Stacks devs, the Princeton-MIT trained scientists, have been quietly preparing a third shot at goal. So, what is the goal? Stacks has a simple North Star of being the layer/chain with the most Bitcoin deployed. We exist to enable a thriving on-chain Bitcoin economy and be the rails on which billions of people use Bitcoin. This third shot at goal has a name and a timeline. We call it the **Satoshi Upgrades**: a series of three upgrades between now and Bitcoin halving of 2028. It’s our best work yet. Like Elon’s early rockets at SpaceX which came close to getting into orbit but didn’t make it, but then Falcon 1 Flight 4 reached orbit and the rest is history. Stacks is the most under appreciated and misunderstood, highly ambitious moonshot project in the crypto industry. The recent Binance “risk monitoring tag” earns us that honor. We’ve built some of the best tech for a $2T asset, made design decisions optimizing for decades to come, and yet failed on telling our story to the world. For this, I am responsible. I’ve been largely away from X for two years (a) dealing with some family/personal stuff which is almost under control now, (b) giving the space to other leaders and Stacks eco to handle comms in a decentralized way. I’m back now. And I’ve realized that there is no better way to tell a story than the unfiltered version straight from the founder. I will be direct. I will be unfiltered and raw. I will tell you why I’ve spent a decade of my life working on Stacks. And why a modern rails like Stacks is what will make Bitcoin the undisputed freedom money of the world. I will lay out what Bitcoin was meant to be when I joined in 2013. What Satoshi and Bitcoin OGs wanted to accomplish and where we fell short over the years. This third shot at goal is our Falcon 1 Flight 4. We are 18-19 months away from the next Bitcoin halving. 18 months is typically the runway a startup needs to truly take off. We will start with Satoshi Upgrades I, bringing native self-custodial Bitcoin staking to market. BTC on BTC yield. The single largest lever to deploy billions of dollars of BTC into a Stacks product. It’s the top of the funnel. Self-custodial BTC staking is how we start the fire. The story becomes a lot more interesting after. I’ve rambled enough for today. If you’ve been a believer and supporter for so many years. First of all, thank you. Second, we will launch this dream into orbit this time, but I will need your support. Taking Bitcoin and Stacks to billions of people will need your help. You will need to amplify our story. Very few of us currently understand what Satoshi Upgrades are, why do they matter, what is happening in 127 Bitcoin blocks, and why should they care. Let’s celebrate our small wins in the core community for now. Tomorrow the work starts to bring Stacks to the mainstream. We’ll do this together! LFG 🚀
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🚨 Final 19 ALEX Emission Cycles ⌛️27 Hours Left to Join Cycle #390 Rewards ⌛️ Less than 27 hours remain to the join the next rewards cycle 🔗app.alexlab.co/farm 🧑‍🌾 Current Farming Yields + Fee Rebate for cycle #390👇 $ALEX - $WELSH 132% APR 🥇 $aBTC - $aUSD 88% APR $STX - $ALEX 39% APR $ALEX - $LEO 34% APR $ALEX - $LiALEX 19% APR Fees and yields are dynamic and can change up to the last moment. 🐶 $WELSH @Welsh_Community leading the pack with a combined rewards of 132% 🔥
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ALEX 🟧 No. 1 Bitcoin DeFi retweeted
LISA Product Wind-Down and Migration to Fast Pool Following activation of the pox-5 upgrade, expected on or around July 29, LISA will begin a phased wind-down of its liquid staking products, with the process expected to conclude by the end of 2026. The following changes will take effect in August: 🔸 LiaBTC will be removed from the LISA interface LiaBTC was discontinued in March 2025, and its redemption window closed on September 30, 2025. Its removal from the interface completes that process. 🔸 LiALEX will become redeem-only No new LiALEX will be created. As previously announced, ALEX emissions conclude at Cycle #409, currently expected in approximately two months. LiALEX redemption will remain available throughout the wind-down period. 🔸 LiSTX will become redeem-or-migrate No new LiSTX will be created. Existing holders may either redeem their position to STX or migrate it to a Fast Pool stacking position directly through the LISA interface. Timeline: • August: Creation of new positions is disabled; LiALEX redemption and LiSTX redemption or Fast Pool migration remain open • November: Final shutdown notice for LiALEX and LiSTX redemption • End of 2026: The LISA interface is retired; STX stacking continues through Fast Pool No immediate action is required, and existing positions remain unaffected today. Redemption and migration options will remain available throughout the wind-down. Holders are encouraged to complete any redemption or migration well ahead of year-end rather than waiting for the final notice. Further updates will be shared as each phase of the transition approaches.
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🚨 Final 20 ALEX Emission Cycles ⌛️8 Hours Left to Join Cycle #389 Rewards ⌛️ Less than 8 hours remain to the join the next rewards cycle 🔗app.alexlab.co/farm 🧑‍🌾 Current Farming Yields + Fee Rebate for cycle #389👇 $ALEX - $WELSH 134% APR 🥇 $aBTC - $aUSD 86% APR $STX - $ALEX 37% APR $ALEX - $LEO 31% APR $ALEX - $LiALEX 19% APR Fees and yields are dynamic and can change up to the last moment. 🐶 $WELSH @Welsh_Community leading the pack with a combined rewards of 134% 🔥
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🚨 Last Day to Peg-out $aUSD & $aBTC🚨🚨🚨👇
1⃣ Day Left to Peg-out 🚨🚨🚨 If you hold $aBTC or $aUSD on Stacks, please initiate your peg-out before the July 15 deadline to remain within the standard wind-down process. See details below. 👇
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ALEX 🟧 No. 1 Bitcoin DeFi retweeted
1⃣ Day Left to Peg-out 🚨🚨🚨 If you hold $aBTC or $aUSD on Stacks, please initiate your peg-out before the July 15 deadline to remain within the standard wind-down process. See details below. 👇
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🚨 2 Days Left to Peg-out 🚨🚨🚨👇
2⃣ Days Left to Peg-out 🚨🚨🚨 If you hold $aBTC or $aUSD on Stacks, please initiate your peg-out before the July 15 deadline to remain within the standard wind-down process. See details below. 👇
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ALEX 🟧 No. 1 Bitcoin DeFi retweeted
2⃣ Days Left to Peg-out 🚨🚨🚨 If you hold $aBTC or $aUSD on Stacks, please initiate your peg-out before the July 15 deadline to remain within the standard wind-down process. See details below. 👇
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🚨 Final Days to Peg-out 🚨 👇
3⃣ Days Left to Peg-out 🚨🚨🚨 If you hold $aBTC or $aUSD on Stacks, please initiate your peg-out before the July 15 deadline to remain within the standard wind-down process. See details below. 👇
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ALEX 🟧 No. 1 Bitcoin DeFi retweeted
3⃣ Days Left to Peg-out 🚨🚨🚨 If you hold $aBTC or $aUSD on Stacks, please initiate your peg-out before the July 15 deadline to remain within the standard wind-down process. See details below. 👇
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