Reports
Annual report
EOY Governance Health
Proposal pipeline, ratification participation, signer distribution, CAB conduct, and stacksgov/sips closed-PR activity across 2025 and 2026. Every figure carries its source; anything without one is shown as a gap.
Generated 2026-10-09
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.
2026 closed-PR figures are year-to-date from GitHub
Section 6's 2026 aggregates were pulled from the GitHub Search API for PRs closed in calendar 2026 through 2026-10-02 (33 closed, 25 merged). Categories for 2026 are title heuristics aligned to the 2025 sheet labels, not a separately reviewed Summary sheet. 2025 remains sheet-sourced.
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) (2026-10-09)
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) (2026-10-09) · 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
27.7%
Median across votes of (STX weight cast / eligible stacked STX at the vote's snapshot cycle).
Based on 1 of 2 votes in period (50%).
ballot.gg community vote audit (2026-09-17) · Hiro /extended/v2/pox/cycles (2026-09-09)
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 100.0% 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 0 of 4 members with any disclosed affiliation (0%).
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) (2026-10-09)
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) (2026-10-09) · 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
27.7%
Median across votes of (STX weight cast / eligible stacked STX at the vote's snapshot cycle).
Based on 1 of 2 votes in period (50%).
ballot.gg community vote audit (2026-09-17) · Hiro /extended/v2/pox/cycles (2026-09-09)
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 100.0% 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 0 of 4 members with any disclosed affiliation (0%).
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 · 35 open at year end
- Draft2
- Recommended1
- Activation in progress2
20266 exited · 37 open at year end
- Draft2
- CAB review1
- Accepted5
- Activation in progress3
- Ratified6
- Active in window
- 38
- Median days open
- 687.5
- Aging (> 2 quarters)
- 27
- Quiet 180+ days
- 25
Based on 33 of 65 SIPs with a dated stage timeline (51%).
Aging proposals
| SIP | Title | Stage | Days open | Last activity | Quiet days | Reason open |
|---|---|---|---|---|---|---|
| sip-000-1 | SIP-000-1: Stacks Improvement Proposal Process | Draft | 2299 | 2026-02-13 | 239 | not recorded |
| sip-pr-10 | SIP - Catastrophic blockchain failures and recovery | Draft | 2069 | 2023-09-22 | 1114 | not recorded |
| sip-pr-32 | SIP - Contract Documentation Standard | Draft | 1891 | 2024-07-09 | 823 | not recorded |
| sip-pr-50 | SIP for Authentication Protocol | Draft | 1785 | 2022-08-07 | 1525 | not recorded |
| sip-pr-62 | SIP for Appchains | Draft | 1657 | 2022-06-09 | 1584 | not recorded |
| sip-pr-66 | SIP: Use PoX for fuelling Bitcoin development | Draft | 1621 | 2022-05-16 | 1608 | not recorded |
| sip-pr-70 | Sign-in with stacks | Draft | 1605 | 2025-06-13 | 484 | not recorded |
| sip-011 | SIP-011: The buy-in-ustx Standard for non-custodial Marketplace traits | Draft | 1378 | 2023-03-20 | 1300 | not recorded |
| sip-pr-120 | SIP The Generalized Standard for non-custodial Marketplace traits | Draft | 1368 | 2025-10-16 | 359 | not recorded |
| sip-pr-150 | SIP: Standard URI Definition for Bitcoin Ordinal Inscriptions | Draft | 1160 | 2023-09-11 | 1125 | not recorded |
| sip-pr-153 | Sip 026 - Clarity DeFi Vault SIP | Draft | 1128 | 2023-11-10 | 1065 | not recorded |
| sip-pr-156 | SIP: Nakamoto sBTC | Draft | 1107 | 2024-03-21 | 933 | not recorded |
| sip-030 | SIP-030: Definition of a Modern Stacks Wallet Interface Standard | Recommended | 1095 | 2026-01-16 | 267 | not recorded |
| sip-pr-176 | SIP: Optimistic Dispatch and Execution Plan Commitment | Draft | 934 | 2026-01-09 | 274 | not recorded |
| sip-pr-202 | Stacks Pay: A Payment Request Standard for Stacks Blockchain Payments | Draft | 745 | 2026-02-05 | 247 | not recorded |
| sip-03x | SIP-03x: Fix `burn-block-height` in `at-block` | Draft | 673 | 2024-12-06 | 673 | not recorded |
| sip-pr-204 | Liquidity Pool SIP | Draft | 654 | 2025-11-28 | 316 | not recorded |
| sip-xxx | SIP-XXX: Encrypted NFTs — Standard Trait for Commitment-Based Private Layers | Draft | 646 | 2025-01-01 | 647 | not recorded |
| sip-xxx-agent | SIP-XXX: Agent Registries / ERC-8004 on Stacks | Draft | 646 | 2025-01-01 | 647 | not recorded |
| sip-040 | SIP-040: Improved Post-Conditions | ActivationInProgress | 610 | 2026-03-09 | 215 | not recorded |
| sip-03x | SIP-03X: BTC Addresses for Stacks Transactions | Draft | 593 | 2025-02-23 | 594 | not recorded |
| sip-032 | SIP-032: Improved Stacking Protocol | Draft | 556 | 2026-04-14 | 179 | not recorded |
| sip-036 | SIP-036: BTC Addresses for Stacks Transactions | Draft | 495 | 2026-02-11 | 241 | not recorded |
| sip-037 | SIP-037: Standard for Multi-Party Agent Coordination | Draft | 315 | 2026-02-24 | 228 | not recorded |
| sip-041 | SIP-041: Standard Trait Definition for Agent Registries | Draft | 281 | 2026-02-24 | 228 | not recorded |
| sip-038 | SIP-038: Standard Trait Definition for Commitment-Based Private Metadata (Encrypted NFTs) | Draft | 272 | 2026-06-08 | 124 | not recorded |
| sip-042 | SIP-042: Removal of `at-block` | ActivationInProgress | 231 | 2026-03-09 | 215 | not recorded |
3Ratification vote participation
Turnout against eligible stacked STX, and whether any single voter was decisive.
Not enough votes to plot a turnout trend
1 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.
| SIP | Vote date | Result | Weight cast | Turnout | Voters |
|---|---|---|---|---|---|
| sip-045 | — | Passed | 181,488,510 STX | — | — |
| sip-044 | 2026-07-22 | Passed | 161,443,322 STX | 27.7% | — |
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.
Signer snapshots have fallen behind the chain
The most recent stored reward cycle is 143, but the chain is on 145 -- 2 cycles behind. A cycle lasts roughly two weeks, so the sync has been missed. Figures below describe the stored cycles, not the current set.
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.
2025cycle 125 · 2025-12-18
year end- Active signers
- 36
- Top-5 signer share
- 47.2%
- Distinct operators
- —no source
- Stacked
- 595.4M STX
- SP1MNX…DA1112.6%
- SP1EZ3…HT5D10.1%
- SPS1NG…J63Z8.2%
- SP3B30…RPRW8.1%
- SP1V5J…WN0E8.1%
- SP3WEK…8T7S8.1%
- SP3HAE…0PAD6.8%
- SP18HC…F9QY5.7%
- SP2JMM…J0ES4.6%
- SP25FZ…D5232.8%
- SPHN2H…4W8X2.4%
- SP34SB…K2G71.7%
Top 5 highlighted; showing 12 of 36 signers.
2026cycle 143 · 2026-09-09
year to date- Active signers
- 29
- Top-5 signer share
- 66.7%
- Distinct operators
- —no source
- Stacked
- 441.5M STX
- SP2JFF…P1KB19.4%
- SP3TGC…B0A116.1%
- SP0D0P…AA3M16.1%
- SP2JMM…J0ES10.6%
- SP2B8K…7NK24.3%
- SP17Q5…TGHN3.8%
- SP1AD0…W15Y3.5%
- SPTY3C…2NMS2.7%
- SP3PQ7…DHHK2.6%
- SP19DB…BZ4D2.6%
- SP893M…BJ612.6%
- SP64KX…S2NM2.6%
Top 5 highlighted; showing 12 of 29 signers.
PoX contract SP000000000000000000002Q6VF78.pox-5 · activated cycle 140 (2026-07-28) · latest stored cycle 143 (2026-09-09)
5CAB composition and conduct
Who sits on the advisory boards, what they have disclosed, and how promptly reviews are completed.
- Members at year end
- 4
- Affiliation disclosed
- 0%
- Reviews completed
- 2
- Median review days
- 3
Composition and affiliation disclosure
| Member | CAB group | Role | Joined | Stated affiliation | Independence | Source | Recusals |
|---|---|---|---|---|---|---|---|
| Sushil Test A/C | Consideration Advisory Board | Member | 2026-06-12* | none stated | Undisclosed | — | 0 |
| Sushil Bro | Consideration Advisory Board | Member | 2026-09-25* | none stated | Undisclosed | — | 0 |
| zero stx | Test CAB Group | Member | 2026-03-26* | none stated | Undisclosed | — | 0 |
| Sushil Test A/C | Test CAB Group | Member | 2026-06-12* | none stated | Undisclosed | — | 0 |
* Join date is the platform roster creation date, not a reviewed join date.
Reviews
| SIP | CAB group | Assigned | Completed | Days | Status | Votes / eligible |
|---|---|---|---|---|---|---|
| sip-045 | Consideration Advisory Board | 2026-07-01 | 2026-07-07 | 6 | Closed | 0 / 1 |
| sip-045 | Test CAB Group | 2026-07-01 | — | — | Open | 1 / 2 |
| sip-045 | Consideration Advisory Board | 2026-07-07 | 2026-07-07 | 0 | Closed | 0 / 1 |
6Repo closed PRs (stacksgov/sips)
PRs closed in the stacksgov/sips repository by calendar year. 2025 is from the curated Summary sheet; 2026 is year-to-date from GitHub (categories by title heuristic).
2025
Total closed PRs
36
PRs closed in 2025 (merged + closed without merging).
public/data/governance/closed-prs.json (2026-10-02)
Merged
32
PRs merged in 2025.
public/data/governance/closed-prs.json (2026-10-02)
Closed without merging
4
PRs closed without merging in 2025.
public/data/governance/closed-prs.json (2026-10-02)
Merge rate
88.9%
Merged ÷ total closed × 100.
public/data/governance/closed-prs.json (2026-10-02)
By category
| Category | Count | Merged | Closed unmerged |
|---|---|---|---|
| SIP proposal | 8 | 6 | 2 |
| Voting & ratification | 5 | 5 | 0 |
| CAB minutes & sign-offs | 11 | 11 | 0 |
| Roster & editors | 6 | 5 | 1 |
| Docs & templates | 6 | 5 | 1 |
public/data/governance/closed-prs.json (2026-10-02)
By month closed
| Month | Count | Merged | Closed unmerged |
|---|---|---|---|
| 2025-01 | 1 | 1 | 0 |
| 2025-02 | 1 | 1 | 0 |
| 2025-03 | 3 | 3 | 0 |
| 2025-04 | 2 | 0 | 2 |
| 2025-06 | 2 | 2 | 0 |
| 2025-07 | 1 | 1 | 0 |
| 2025-09 | 6 | 5 | 1 |
| 2025-10 | 14 | 13 | 1 |
| 2025-11 | 6 | 6 | 0 |
public/data/governance/closed-prs.json (2026-10-02)
By author
| Author | Count | Merged | Closed unmerged |
|---|---|---|---|
| Hero-Gamer | 15 | 14 | 1 |
| whoabuddy | 5 | 5 | 0 |
| obycode | 3 | 3 | 0 |
| jcnelson | 2 | 2 | 0 |
| jiga | 2 | 2 | 0 |
| friedger | 2 | 0 | 2 |
| wileyj | 2 | 2 | 0 |
| andrerserrano | 1 | 1 | 0 |
| mattyTokenomics | 1 | 1 | 0 |
| cuevasm | 1 | 1 | 0 |
| aaronb-stacks | 1 | 0 | 1 |
| 314159265359879 | 1 | 1 | 0 |
public/data/governance/closed-prs.json (2026-10-02)
2026
Total closed PRs
33
PRs closed in 2026 (merged + closed without merging).
public/data/governance/closed-prs.json (2026-10-02)
Merged
25
PRs merged in 2026.
public/data/governance/closed-prs.json (2026-10-02)
Closed without merging
8
PRs closed without merging in 2026.
public/data/governance/closed-prs.json (2026-10-02)
Merge rate
75.8%
Merged ÷ total closed × 100.
public/data/governance/closed-prs.json (2026-10-02)
By category
| Category | Count | Merged | Closed unmerged |
|---|---|---|---|
| SIP proposal | 14 | 8 | 6 |
| Voting & ratification | 7 | 7 | 0 |
| Docs & templates | 6 | 4 | 2 |
| CAB minutes & sign-offs | 4 | 4 | 0 |
| Roster & editors | 2 | 2 | 0 |
public/data/governance/closed-prs.json (2026-10-02)
By month closed
| Month | Count | Merged | Closed unmerged |
|---|---|---|---|
| 2026-01 | 2 | 1 | 1 |
| 2026-02 | 7 | 5 | 2 |
| 2026-03 | 3 | 2 | 1 |
| 2026-04 | 1 | 0 | 1 |
| 2026-05 | 1 | 1 | 0 |
| 2026-06 | 3 | 3 | 0 |
| 2026-07 | 11 | 8 | 3 |
| 2026-08 | 3 | 3 | 0 |
| 2026-09 | 2 | 2 | 0 |
public/data/governance/closed-prs.json (2026-10-02)
By author
| Author | Count | Merged | Closed unmerged |
|---|---|---|---|
| brice-stacks | 9 | 9 | 0 |
| wileyj | 6 | 5 | 1 |
| clairetopalian | 3 | 3 | 0 |
| adriano-stacks | 2 | 2 | 0 |
| 314159265359879 | 1 | 1 | 0 |
| Hero-Gamer | 1 | 0 | 1 |
| drQedwards | 1 | 0 | 1 |
| francesco-stacks | 1 | 1 | 0 |
| friedger | 1 | 0 | 1 |
| giwaov | 1 | 0 | 1 |
| janniks | 1 | 1 | 0 |
| jbencin | 1 | 0 | 1 |
| jbencin-stacks | 1 | 1 | 0 |
| proofofgame | 1 | 1 | 0 |
| radubahmata | 1 | 0 | 1 |
| rafaelcr | 1 | 1 | 0 |
| whoabuddy | 1 | 0 | 1 |
public/data/governance/closed-prs.json (2026-10-02)
