CryptoCurrencies
14314
Exchanges
500
Total Market Cap
2,536,085,367,784
Volume 24h
96,088,904,848
Dominance
BTC 51.83%   ETH 14.64%   USDT 4.40%   BNB 3.49%

Stacking DAO
STSTX

2.000
$
2.32 %
Change 24h
Market Cap
$ 0
Volume 24h
$ 606.65
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.