Stacking DAO Cycle Update: Native Stacking Pool TVL Up 60%

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

Stacking DAO’s TVL has climbed this cycle to 92M STX and is closing in on the 100M STX milestone, driven by 60% growth in its native stacking pool.

The trend is clear as more people are choosing Stacking DAO as their go to option for earning yield on STX.

DeFi Updates Related to Stacking DAO

You can now track stSTX value accrual in the Analytics section of the Stacking DAO website, as STX rewards are automatically compounded daily.

Stacking DAO LSTs are pristine collateral for the Stacks ecosystem. Their growing role in DeFi proves it, with collateral usage on Zest up nearly 20% in the past few weeks.

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:

The SEC has confirmed that liquid staking isn’t a security. Great news for LST protocols and a boost for Stacking DAO’s position as the leading STX stacking hub.

Want to get started with Stacking DAO but not sure where to begin? This thread has all the video tutorials you need, covering stSTX, stSTXbtc and native stacking.

Finally, Stacking DAO has processed another ~148,259.00 STX (for stSTX) and ~0.4911 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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