CryptoCurrencies
14889
Exchanges
500
Total Market Cap
2,537,112,948,996
Volume 24h
132,990,271,183
Dominance
BTC 52.81%   ETH 15.50%   USDT 4.51%   BNB 3.52%

Stacking DAO
STSTX

1.810
$
0.00 %
Change 24h
Market Cap
$ 0
Volume 24h
$ 35.48
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.