CryptoCurrencies
17595
Exchanges
500
Total Market Cap
3,892,813,761,062
Volume 24h
385,869,710,794
Dominance
BTC 60.17%   ETH 9.19%   XRP 4.25%   USDT 4.09%

Stacking DAO
STSTX

0.8400
$
1.76 %
Change 24h
Market Cap
$ 0
Volume 24h
$ 81.85
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.