CryptoCurrencies
18766
Exchanges
500
Total Market Cap
2,558,456,528,242
Volume 24h
196,749,273,029
Dominance
BTC 53.11%   ETH 9.58%   USDT 7.18%   XRP 3.44%

Stacking DAO
STSTX

0.2930
$
9.35 %
Change 24h
Market Cap
$ 0
Volume 24h
$ 20,715
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.