CryptoCurrencies
17171
Exchanges
500
Total Market Cap
2,885,977,179,127
Volume 24h
93,338,325,646
Dominance
BTC 57.28%   ETH 8.82%   USDT 4.95%   XRP 4.42%

Stacking DAO
STSTX

0.7223
$
2.56 %
Change 24h
Market Cap
$ 0
Volume 24h
$ 257.96
STSTX
$
# Exchange Pair Price Volume 24h

Description

Stacking DAO is a Liquid Stacking protocol that gives users an auto-compounding tokenized representation of stacked STX (stSTX). Stacking on the Stacks network can be complex, given that solo Stacking requires running a node and locking a minimum of ~90,000 STX. Moreover, Stacked tokens are locked for 2 weeks cycles even if performed via a community pool. Stacking DAO eliminates these issues through liquid stacking, and stSTX is already integrated with most DeFi apps in the Stacks ecosystem, unlocking more liquidity for the whole ecosystem.