CryptoCurrencies
17040
Exchanges
500
Total Market Cap
3,412,833,513,768
Volume 24h
220,306,271,121
Dominance
BTC 60.18%   ETH 8.83%   USDT 4.49%   XRP 3.63%

Stacking DAO
STSTX

0.7914
$
9.72 %
Change 24h
Market Cap
$ 0
Volume 24h
$ 7070.4
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.