Stacking DAO Cycle Update: sBTC Uncapped

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

Cycles keep passing, and Stacking DAO is closing in on the 100M STX milestone, meaning nearly 1 in every 6 STX will be stacked through Stacking DAO.

This is the growth that happens when you make stacking more engaging:

DeFi Updates Related to Stacking DAO

The sBTC cap has officially been removed, meaning anyone can now bring sBTC to Stacks. This unlocks a wide range of new use cases around sBTC.

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 Stacking DAO team is at Korea Blockchain Week through September 28. If you’re attending KBW, don’t hesitate to connect with us.

Over $5M in stacking rewards have been paid out by Stacking DAO since launch. No better place to put your STX to work and earn up to 10% APY.

Finally, Stacking DAO has processed another ~106,742.00 STX (for stSTX) and ~0.4156 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

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