And since this “SIP[29] does NOT change the long term goals of a low emission by 2050” then it seems a no-brainer to lean heavily on the immediate successful incentive structure of miner/signer/stacker metrics. This is the most consequential event in Stacks ecosystem history - the sBTC launch. BTW why not dashboard the hell out of the signal21 current/past/expected incentives metrics EVERYWHERE.
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Dear community,
We’d like to share an update regarding a minor modification to the final block subsidy in the current proposal.
Context & Reason for Change:
During the SIP approval process, the Technical CAB identified that the originally proposed schedule would slightly exceed the 2050 target supply, rather than remaining below it.
This discrepancy arose because the initial calculations were based on pre-Nakamoto Upgrade figures (122 coinbases/day), whereas the post-Nakamoto Upgrade count is 144 coinbases/day.
Revision Details:
As a result, the SIP Authors have submitted a revision. The only change is as follows:
-
New Amendment: Final block reward (~April 2036) reduced from 125 STX to 62.5 STX (halved).
- Estimated January 2025 STX supply: 1,804,075,347 (below the 1,818,000,000 target)
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Previous Proposal: Final block reward (~April 2036) reduced from 125 STX to 100 STX (-20%).
- Estimated January 2025 STX supply: 1,831,358,847 (above the 1,818,000,000 target)
New Amendment table:
Current SIP Approval Status:
*Technical CAB has approved the amendment (125 → 62.5 STX). 
*Economic CAB has been notified and provided with the reasoning.
*Governance CAB has been notified and provided with the reasoning.
Goal:
This revision ensures that the original objective of maintaining the total supply under 1.818 billion STX by ~January 2025 is met.
The community-wide vote is set to proceed as planned, starting on Sunday.
Thank you for your attention and continued engagement!
3 Likes
Total supply lower with only a modest upfront adjustment to emmission schedule is a net present value nuetral imo.
I sympathize with the ossifiers, but even bitcoin made adjustments in its early days and let’s not forget the blocksize wars. This is not even close. Hard btc maxis will complain about any project with a token or dao. At least we directly support bitcoin miners through daily transaction fees. That’s rare.
Consensus can change and should when really necessary. Even M Saylor agrees for btc change if network security in jeopardy.
If momentum chasing chart reading traders don’t like this direction, try solana.
This is a long telegraphed change, so let’s do it.
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SIP-029 community vote is LIVE:
Vote end: Block 872,750 (~Sun Dec 1)
Cast vote: http://stx.eco
More details: Community Vote Opening: SIP-029 to Enhance Stacks Token Emission and Support sBTC Launch