CryptoCurrencies
16970
Exchanges
500
Total Market Cap
3,442,102,579,325
Volume 24h
329,298,826,809
Dominance
BTC 59.43%   ETH 8.20%   USDT 4.35%   XRP 4.06%

Stacking DAO
STSTX

1.059
$
4.71 %
Change 24h
Market Cap
$ 0
Volume 24h
$ 3274.4
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.