Stacking DAO Cycle Update: Native Pool Grows Nearly 50% With ~2M STX Inflows

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

Stacking DAO inflows continue to rise, with ~2M STX deposited through native stacking and the pool size growing by nearly 50%. Trust in the protocol continues to grow, fueling even more inflows.

DeFi Updates Related to Stacking DAO

Stacking DAO is joining the “STX DEFI SUMMER: SZN ONE” campaign on Zealy to boost engagement and onchain activity across the Stacks ecosystem.

Season 1 just kicked off. Time to get involved.

Other initiatives and news related to Stacking DAO

Stacking should always feel like you’re earning more, not less. To improve the experience, sBTC rewards will now be shown in sats by default for amounts under 0.01 BTC.

Voting for SIP-031 is now live. Stacking DAO has made it easy for users holding stSTX, stSTXbtc, or natively stacked STX to vote directly on the website from their connected wallet (DeFi deployments are counted).

The Stacking DAO team will be at EthCC Cannes from June 30 to July 3 — reach out if you’ll be there!

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 ~191,862.00 STX (for stSTX) and ~0.55 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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