CryptoCurrencies
16107
Exchanges
500
Total Market Cap
3,546,460,169,459
Volume 24h
218,755,608,757
Dominance
BTC 54.19%   ETH 11.48%   USDT 3.94%   XRP 3.65%

Stacking DAO
STSTX

1.750
$
16.51 %
Change 24h
Market Cap
$ 0
Volume 24h
$ 5425.9
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.