Stacking DAO Cycle Update: Momentum Continues as TVL Surpasses 85M STX

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

Demand for Stacking DAO LSTs continues to rise, with the protocol now surpassing 85M STX in deposits, a new all-time high in STX terms.

Earning up to 10% APY on STX while staying flexible to unlock more rewards through DeFi just hits differently.

DeFi Updates Related to Stacking DAO

Stacking DAO LSTs are cementing their role as pristine collateral across Stacks DeFi, and here’s how they can be used to unlock new yield opportunities.

Other initiatives and news related to Stacking DAO

99.8% of Stacking DAO voters have backed SIP-031. A clear show of support for the growth-focused endowment and its potential impact on the future of Stacks.

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 ~143,542.00 STX (for stSTX) and ~0.4664 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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