CryptoCurrencies
16958
Exchanges
500
Total Market Cap
3,102,924,418,399
Volume 24h
82,279,430,169
Dominance
BTC 60.10%   ETH 6.98%   USDT 4.74%   XRP 4.20%

Stacking DAO
STSTX

0.9476
$
2.03 %
Change 24h
Market Cap
$ 0
Volume 24h
$ 23,389
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.