Stacking DAO Cycle Update: Crossing 100M STX in TVL

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

With 100M STX now stacked on the protocol Stacking DAO hit a huge milestone. Reaching it within two years of launch is a clear sign of the growing trust the ecosystem has placed in the protocol.

DeFi Updates Related to Stacking DAO

Stacking DAO LSTs are the perfect asset to hold on Stacks, as you get immediate yield and earn daily rewards, all while being a great asset to use across DeFi, from collateral to liquidity provision.

As shared by the Stacks account, Bitcoin treasury companies will look to earn yield on their capital. Dual Stacking offers them a great way to do so, and Stacking DAO is well positioned to benefit from it.

Other initiatives and news related to Stacking DAO

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:

https://x.com/StackingDao/status/1972723084781310146

Stacking DAO team attended Token 2049 to connect with Stacks and BTCFi enthusiasts and increase awareness of Stacking DAO.

https://x.com/StackingDao/status/1970865865974534379

Finally, Stacking DAO has processed another ~154,904.00 STX (for stSTX) and ~0.3907 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/

Follow us on Twitter to always be up to date on Stacking DAO: https://twitter.com/StackingDao

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