Stacking DAO Cycle Update: Continuous Growth for Stacking DAO Core Products

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

Stacking DAO’s TVL holds steady at 69M STX, with all three core products—stSTX, stSTXbtc, and native stacking—continuing to see steady deposit growth and a rising number of cumulative users.

DeFi Updates Related to Stacking DAO

Despite the market downturn over the past few months, demand for Stacking DAO’s liquid stacking tokens in DeFi remains strong.

Around 30% of available stSTX and 10% of stSTXbtc are deposited on Zest as collateral for borrowing, while the stSTX/STX pool continues to be the largest pool on Bitflow.

For those who prefer a really long-term Stacking strategy and want to minimize fees, Stacking DAO offers the ecosystem’s only native stacking pool with 0% fees.

https://x.com/StackingDao/status/1900562597092708776

Other initiatives and news related to Stacking DAO

Gpsc.btc, a Stacks community member who has been in the trenches for a while, is joining the Stacking DAO team to help with growing the community and Discord.

Expect more initiatives and activities to be implemented in the Stacking DAO Discord.

https://x.com/GPSC_STX/status/1900216441934131270

Reubs, along with Algorithm and other Stacks community leaders—including Stacking DAO founder Muneeb— rely on Stacking DAO to generate yield on their STX. Many, like Reubs, have even shared quick video tutorials to help others get started.

https://x.com/reubs_btc/status/1900186963522519385

If you're an avid Stacker looking to track your positions and get notified when rewards arrive, be sure to subscribe to the Stacking Tracker Telegram bot.

https://x.com/StackingDao/status/1899883103361130704

Finally, Stacking DAO has processed another ~156,506.00 STX (for stSTX) and ~0.41 sBTC (for stSTXbtc) in Stacking rewards.

1)stSTX reward transaction

2)stSTXbtc reward transaction

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Stacking DAO Details:

Mint stSTX & stSTXbtc today and earn up to 10% yield on your STX: https://app.stackingdao.com/

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For any questions or support, join our Discord community: https://discord.gg/yDuMYJZQzd