CryptoCurrencies
19126
Exchanges
500
Total Market Cap
4,536,797,388,266
Volume 24h
326,482,733,916
Dominance
BTC 54.19%   ETH 12.04%   BNB 4.01%   USDT 3.92%

Stacking DAO
STSTX

0.6756
$
4.12 %
Change 24h
Market Cap
$ 0
Volume 24h
$ 29,956
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.