Stacking DAO Stacked Stacks STSTX
STSTX
1.033
$
1.58 %
Change 24h
Market Cap
$ 0
Volume 24h
$ 1988.3
Total Supply
58,620,000
STSTX
$
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.