Reports
Annual report

EOY Governance Health

Proposal pipeline, ratification participation, signer distribution and CAB conduct across 2025 and 2026. Every figure carries its source; anything without one is shown as a gap.

Generated 2026-09-26

2026 is a partial year

This report was generated on 2026-09-17, so every 2026 figure is year-to-date rather than year-end. The latest observed reward cycle is 143 (started 2026-09-09); the 2025 comparison uses cycle 125 (started 2025-12-18), the last cycle of that completed year.

1Summary and headline figures

The seven headline metrics, per year, each with its calculation method, coverage and sources.

2025

SIPs ratified in 2025

0

SIPs whose recorded ratification date falls in 2025.

Based on 28 of 31 ratified SIPs with a dated ratification in repo history (90%).

public/data/governance/sip-lifecycle.json (2026-09-17) · GitHubSip (synced from stacksgov/sips) (2026-09-26)

Cumulative ratified SIPs

31

SIPs ratified all time, counted as those whose recorded status is Ratified or whose repo history records a ratification.

GitHubSip (synced from stacksgov/sips) (2026-09-26) · public/data/governance/sip-lifecycle.json (2026-09-17)

Ratification votes held

2

Community ratification votes with a published audit in the period.

ballot.gg community vote audit (2026-09-17)

Median voter turnout

—no source

Based on 0 of 2 votes in period (0%).

ballot.gg community vote audit (2026-09-17) · Hiro /extended/v2/pox/cycles

Top-5 voting power, largest vote

—no source

public/data/governance/ratification-votes.json (2026-09-17)

Independent share of CAB

0.0%up to 93.3% if undisclosed members are independent

Confirmed share counts only members with a disclosed independent status; the ceiling additionally counts every member whose affiliation is undisclosed.

Based on 1 of 15 members with any disclosed affiliation (7%).

CabGroupMember · public/data/governance/cab-members.json (2026-09-17)

Largest SOIF revenue source

—no source

public/data/governance/soif-revenue.json (2026-09-17)

2026

SIPs ratified in 2026

6

SIPs whose recorded ratification date falls in 2026.

Based on 28 of 31 ratified SIPs with a dated ratification in repo history (90%).

public/data/governance/sip-lifecycle.json (2026-09-17) · GitHubSip (synced from stacksgov/sips) (2026-09-26)

Cumulative ratified SIPs

31

SIPs ratified all time, counted as those whose recorded status is Ratified or whose repo history records a ratification.

GitHubSip (synced from stacksgov/sips) (2026-09-26) · public/data/governance/sip-lifecycle.json (2026-09-17)

Ratification votes held

2

Community ratification votes with a published audit in the period.

ballot.gg community vote audit (2026-09-17)

Median voter turnout

—no source

Based on 0 of 2 votes in period (0%).

ballot.gg community vote audit (2026-09-17) · Hiro /extended/v2/pox/cycles

Top-5 voting power, largest vote

—no source

public/data/governance/ratification-votes.json (2026-09-17)

Independent share of CAB

0.0%up to 93.3% if undisclosed members are independent

Confirmed share counts only members with a disclosed independent status; the ceiling additionally counts every member whose affiliation is undisclosed.

Based on 1 of 15 members with any disclosed affiliation (7%).

CabGroupMember · public/data/governance/cab-members.json (2026-09-17)

Largest SOIF revenue source

—no source

public/data/governance/soif-revenue.json (2026-09-17)

2Proposal pipeline

Stage entries per year, how long proposals sit at each stage, and which have been open long enough to need an explanation.

20250 exited · 33 open at year end

  • Draft2
  • Recommended1
  • Activation in progress2

20267 exited · 36 open at year end

  • Draft2
  • CAB review5
  • Accepted5
  • Recommended1
  • Activation in progress3
  • Ratified6
  • Rejected1
  • CabVotingOpen2
Active in window
38
Median days open
674.5
Aging (> 2 quarters)
27
Quiet 180+ days
23

Based on 35 of 65 SIPs with a dated stage timeline (54%).

Aging proposals

SIPTitleStageDays openLast activityQuiet daysReason open
sip-000-1SIP-000-1: Stacks Improvement Proposal ProcessDraft22862026-02-13225not recorded
sip-pr-10SIP - Catastrophic blockchain failures and recoveryDraft20562023-09-221100not recorded
sip-pr-32SIP - Contract Documentation StandardDraft18782024-07-09809not recorded
sip-pr-50SIP for Authentication ProtocolDraft17722022-08-071511not recorded
sip-pr-62SIP for AppchainsDraft16442022-06-091570not recorded
sip-pr-66SIP: Use PoX for fuelling Bitcoin developmentDraft16082022-05-161594not recorded
sip-pr-70Sign-in with stacksDraft15922025-06-13470not recorded
sip-011SIP-011: The buy-in-ustx Standard for non-custodial Marketplace traitsDraft13652023-03-201286not recorded
sip-pr-120SIP The Generalized Standard for non-custodial Marketplace traitsDraft13552025-10-16345not recorded
sip-pr-150SIP: Standard URI Definition for Bitcoin Ordinal InscriptionsDraft11472023-09-111111not recorded
sip-pr-153Sip 026 - Clarity DeFi Vault SIPDraft11152023-11-101051not recorded
sip-pr-156SIP: Nakamoto sBTCDraft10942024-03-21919not recorded
sip-030SIP-030: Definition of a Modern Stacks Wallet Interface StandardRecommended10822026-01-16253not recorded
sip-pr-176SIP: Optimistic Dispatch and Execution Plan CommitmentDraft9212026-01-09260not recorded
sip-pr-202Stacks Pay: A Payment Request Standard for Stacks Blockchain PaymentsDraft7322026-02-05233not recorded
sip-03xSIP-03x: Fix `burn-block-height` in `at-block`CAB Review6602026-06-2989not recorded
sip-pr-204Liquidity Pool SIPDraft6412025-11-28302not recorded
sip-xxxSIP-XXX: Encrypted NFTs — Standard Trait for Commitment-Based Private LayersDraft6332025-01-01633not recorded
sip-xxx-agentSIP-XXX: Agent Registries / ERC-8004 on StacksDraft6332025-01-01633not recorded
sip-040SIP-040: Improved Post-ConditionsActivationInProgress5972026-03-09201not recorded
sip-03xSIP-03X: BTC Addresses for Stacks TransactionsCAB Review5802026-06-2989not recorded
sip-032SIP-032: Improved Stacking ProtocolDraft5432026-04-14165not recorded
sip-036SIP-036: BTC Addresses for Stacks TransactionsDraft4822026-02-11227not recorded
sip-037SIP-037: Standard for Multi-Party Agent CoordinationDraft3022026-02-24214not recorded
sip-041SIP-041: Standard Trait Definition for Agent RegistriesDraft2682026-02-24214not recorded
sip-038SIP-038: Standard Trait Definition for Commitment-Based Private Metadata (Encrypted NFTs)Draft2592026-06-08110not recorded
sip-042SIP-042: Removal of `at-block`ActivationInProgress2182026-03-09201not recorded

3Ratification vote participation

Turnout against eligible stacked STX, and whether any single voter was decisive.

Not enough votes to plot a turnout trend

0 of 2 votes in the period have both a weight cast and a resolvable eligible-stacked figure. A trend line is withheld below 3 points, because two observations cannot show a direction. The figures are tabulated below.

SIPVote dateResultWeight castTurnoutVoters
sip-045—Passed181,488,510 STX——
sip-0442026-07-22Passed161,443,322 STX——

Decisive-entity test

The decisive-entity test cannot be run

This test removes the largest voting entity and recomputes the outcome, which needs individual ballot rows with their direction. The published audits carry aggregate tallies only, so no vote in this period can be tested. Populate voters[] in ratification-votes.json from the ballot.gg export to enable it.

4Signer and stacking distribution

Signing weight concentration at each year's reference cycle, and the protocol changes that make the two years not directly comparable.

PoX-5 (Epoch 4.0) activated mid-2026

Stacks epoch 4.0 and the pox-5 contract took effect at reward cycle 140 (2026-07-28), between the 2025 and 2026 year-end observations. Signer count fell from 35 in cycle 139 to 25 in cycle 140, and stacked STX from 552.4M to 446.9M, across that single boundary. Year-over-year signer and stacking figures therefore span a protocol change and are not like-for-like.

2026 is a partial year

This report was generated on 2026-09-17, so every 2026 figure is year-to-date rather than year-end. The latest observed reward cycle is 143 (started 2026-09-09); the 2025 comparison uses cycle 125 (started 2025-12-18), the last cycle of that completed year.

Solo/pooled stacker counts are not yet populated for the current cycle

Hiro reports per-signer solo and pooled stacker counts for 34 of 36 signers in cycle 125 (7 solo, 9,318 pooled), but for only 1 of 29 signers in cycle 143. The self-custody versus pooled split is therefore reported for 2025 and shown as a gap for 2026 rather than as a collapse to zero.

PoX contract SP000000000000000000002Q6VF78.pox-5 · activated cycle 140 (2026-07-28)

5CAB composition and conduct

Who sits on the advisory boards, what they have disclosed, and how promptly reviews are completed.

Members at year end
15
Affiliation disclosed
7%
Reviews completed
21
Median review days
0

Composition and affiliation disclosure

MemberCAB groupRoleJoinedStated affiliationIndependenceSourceRecusals
XanEconomicsMember2026-07-01*none statedUndisclosed—0
lshimmyEconomicsMember2026-07-02*none statedUndisclosed—0
MattyEconomicsMember2026-07-06*none statedUndisclosed—0
DefipoetEconomicsMember2026-07-09*none statedUndisclosed—0
FriedgerTechnicalMember2026-06-29*none statedUndisclosed—0
j2p2TechnicalMember2026-06-29*none statedUndisclosed—0
RadoneTechnicalMember2026-07-01*none statedUndisclosed—0
brice.btcTechnicalMember2026-06-29*none statedUndisclosed—0
setzeusTechnicalMember2026-07-03*none statedUndisclosed—0
Aaron (Stacks Labs)TechnicalMember2026-07-08*Stacks LabsStacks Labs affiliatedSelf-declared in the platform display name0
PeaceLoveMusic.btcGovernanceMember2026-07-01*none statedUndisclosed—0
whoabuddyGovernanceMember2026-07-01*none statedUndisclosed—0
OrlandoGovernanceMember2026-07-01*none statedUndisclosed—0
HaroldGovernanceMember2026-07-01*none statedUndisclosed—0
ZeroGovernanceMember2026-06-06*none statedUndisclosed—0

* Join date is the platform roster creation date, not a reviewed join date.

Reviews

SIPCAB groupAssignedCompletedDaysStatusVotes / eligible
sip-idea-02Governance2026-04-032026-04-030Closed0 / 2
sip-idea-02Governance2026-04-032026-04-030Closed0 / 2
sip-idea-02Governance2026-04-042026-04-2622Closed1 / 2
sip-idea-03Governance2026-04-262026-04-260Closed1 / 2
sip-idea-02Governance2026-04-262026-04-260Closed1 / 2
sip-idea-04Governance2026-04-262026-04-260Closed1 / 2
sip-idea-01Governance2026-05-012026-05-010Closed1 / 2
sip-03xGovernance2026-05-282026-05-280Closed1 / 2
sip-03xGovernance2026-05-282026-05-280Closed1 / 2
sip-03xGovernance2026-06-012026-06-054Closed2 / 2
sip-03xGovernance2026-06-112026-06-2918Closed0 / 6
sip-045Governance2026-06-292026-06-301Closed0 / 6
sip-044Governance2026-06-302026-07-088Withdrawn0 / 6
sip-045Governance2026-07-012026-07-109Closed5 / 6
sip-044Economics2026-07-012026-07-087Withdrawn0 / 0
sip-044Technical2026-07-012026-07-109Closed6 / 3
sip-045Economics2026-07-012026-07-109Closed4 / 0
sip-045Technical2026-07-012026-07-109Closed6 / 3
sip-idea-02Technical2026-07-012026-07-010Closed0 / 3
sip-idea-02Economics2026-07-012026-07-010Closed0 / 1
sip-idea-02Governance2026-07-012026-07-010Closed0 / 6
    Shapes