Stacking DAO Cycle Update: 20M+ stSTXbtc Minted in Under 6 Months

Stacking DAO Cycle updates is the perfect format for the community to explore the latest news and milestones.

Stacking DAO hit a new all-time high in TVL, nearing 84M STX deposits driven by strong stSTXbtc minting. Growth shows no signs of slowing down.

DeFi Updates Related to Stacking DAO

Over 4M stSTXbtc have been minted this cycle, pushing total supply past 20M in just 6 months. The community clearly values liquid STX while earning daily sBTC yield.

If you’re holding stSTXbtc, here’s a quick tutorial on how to claim your sBTC stacking rewards (accrued twice daily) anytime you want:

stSTXbtc helps accelerate Stacks DeFi growth: the LST can be deposited on Zest as collateral for borrowing, while the sBTC rewards can be deposited on Zest to earn additional yield.

Other initiatives and news related to Stacking DAO

The community has always been one of Stacking DAO’s main strengths, helping amplify awareness and adoption. 3hunna took it a step further by creating a song about why you should “just use Stacking DAO.

The liquid stacking narrative is heating up as protocols start generating real revenue. Check how well Stacking DAO is performing against the top emerging LST platforms.

Want to catch up on the latest in the Stacks ecosystem? Don’t miss the latest edition of the 'What’s Happening on Stacks' thread:

Finally, Stacking DAO has processed another ~168,961.00 STX (for stSTX) and ~0.47278 sBTC (for stSTXbtc) in Stacking rewards.

1)stSTX reward transaction

2)stSTXbtc reward transaction

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Stacking DAO Details:

Earn up to 10% yield on your STX today with Stacking DAO: https://app.stackingdao.com/

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