CryptoCurrencies
14493
Exchanges
500
Total Market Cap
2,707,265,526,725
Volume 24h
151,072,049,932
Dominance
BTC 49.69%   ETH 17.21%   USDT 4.13%   BNB 3.41%

Stacking DAO
STSTX

2.080
$
3.95 %
Change 24h
Market Cap
$ 0
Volume 24h
$ 310.37
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.