CryptoCurrencies
18267
Exchanges
500
Total Market Cap
4,271,924,267,049
Volume 24h
182,789,896,596
Dominance
BTC 53.57%   ETH 13.50%   XRP 4.25%   USDT 3.91%

Stacking DAO
STSTX

0.7768
$
1.25 %
Change 24h
Market Cap
$ 0
Volume 24h
$ 256,240
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.