Stacks (STX) forecast expects a huge long-term return!

Stacks (STX) forecast predicts the long-term recovery of 361%

What is Stacks?

Stacks Coin is a promising cryptocurrency. Among other things, Stacks aims to add smart-contract functionality to Bitcoin and bring NFTs and DeFi (decentralized finance) to the BTC blockchain. This is to be achieved without changing Bitcoin itself — virtually on top.

New functions for the crypto top dog Bitcoin — that sounds interesting, of course. Even staking is possible with stacks — here, it is called stacking. Similar to staking on Ethereum, users receive rewards for “locking” their tokens. The developers explain:

“Stacking is an important part of Stacks’ unique Proof of Transfer (PoX) consensus mechanism that secures the blockchain. Stackers can support the security of the chain by committing their tokens to the network and earning an ongoing return of 10–12% per year in bitcoin in return.”

What’s more, Stacks also funds bitcoin core development. For this, Stacks developers are partnering with Brink. The sponsorship is unique because: It is paid directly with the Bitcoin earnings generated via Stacks on the Stacks blockchain, as Bitcoin investor Meltem Demirors enthusiastically comments: