CryptoCurrencies
18936
Exchanges
500
Total Market Cap
2,482,751,793,542
Volume 24h
191,780,642,125
Dominance
BTC 53.47%   ETH 9.43%   USDT 7.43%   XRP 3.35%

Stacking DAO
STSTX

0.2969
$
0.87 %
Change 24h
Market Cap
$ 0
Volume 24h
$ 7507.0
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.