Stacking DAO Cycle Update: The Nakamoto Upgrade is Live

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

Stacking DAO's TVL is nearing 57M STX, with APY steady at 9.5%. In the cycle alone, over $350k (204,440.00 STX) in rewards were paid out. This strong return, paired with the option to use stSTX across Stacks DeFi for extra points and rewards, makes it especially compelling.

With BTC hitting an ATH, anticipated regulatory shifts under a potential Trump administration, and sBTC launching on Stacks by year-end, renewed interest in Stacks could draw more liquidity into the ecosystem.

DeFi Updates Related to Stacking DAO

The Stacks Nakamoto upgrade went live on October 29! While some optimizations are still needed for faster contract call transactions (key for DeFi), this brings us much closer to a Solana-like experience for the Stacks DeFi ecosystem.

It's easy to forget the milestones achieved by Stacking DAO in DeFi, but since its launch, the protocols account for 13% of all Stacked STX, 48% of all stSTX are deployed in Stacks DeFi and 21k+ stSTX holders using DeFi.

For anyone looking to earn extra yield on stSTX, along with Stacking DAO and Zest points, here’s a video guide to help you get started with stSTX on Zest.

Zero Authority DAO, the platform for commissioning bounties and gigs on Stacks, has integrated stSTX for rewards payments. Yet another proof that stSTX is becoming the go-to asset for Stacks ecosystem activities.

Two weeks ago, the STX-stSTX pool ranked second in trading volume on Stacks, highlighting a strong and healthy market for stSTX trades.

Other initiatives and news related to Stacking DAO

Stacking DAO launched the "Nakamoto Treasure Hunt," an on-chain treasure hunt celebrating the Nakamoto upgrade. The grand prize is now $2000—and keeps growing! Check out the rules and learn how to win here.

Stacking DAO is now a verified project on STX Tools, the leading trading app for Stacks DeFi, which features charts, transactions, price alerts, and more.

The Stacking DAO Discord is introducing a range of new features and activities—from WL opportunities and exclusive channels for Bitcoin memecoins alpha to weekly calls with Web3 growth and DeFi experts, plus gaming sessions with other Stacks communities. Don’t miss out—join the Stacking DAO Discord community here.

A new edition of "What's Happening on Stacks" is out, making it easy for anyone to stay updated on the latest ecosystem news and developments.

If you're interested in a Stacks deep dive, Revelo Intel, a leading crypto research platform, has just released a comprehensive report that includes insights on Stacking DAO.‍

Stacking DAO has launched personalized Signer pages, enabling each Signer in the network to onboard new STX holders to Stacking DAO easily while they benefit from receiving the delegations.

Finally, Stacking DAO has processed another ~204,440.00 STX in Stacking rewards.

Stacking DAO Details:

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