Stacking DAO

🤝 Partnership announcement 🤝 The stSTX-STX pool with a variable midpoint is now live on Velar 🔥 Everyone can deposit stSTX to earn yield from swaps. Users also get a 50% boost on Stacking DAO points & the pool receives a 5k $VELAR farming reward daily bonus. 🧵 ⬇️ Why is stSTX integration in Velar relevant? In the last 30 days, Velar ranked highly in key DeFi metrics such as: • Active users • High transaction count The pool introduces new yield opportunities for stSTX holders while facilitating more swap activity. What’s the upside of providing liquidity in the stSTX-STX pool on Velar? Users get: • 50% boost in Stacking DAO points on their entire LP position • Benefit from a 5k VELAR daily pool farming reward Additional VELAR are issued if the pool ranks in the top 3 by staked value. The pool uses a midpoint variable to keep a 50/50 balance between stSTX & STX. Other DEXs use a fixed midpoint for stable swaps that remains unchanged. In contrast, a variable midpoint allows continuous updates based on the pool token ratio, unlocking the full liquidity range. Without a variable midpoint the pool struggles to maintain balance becuase: • As stSTX accumulates more STX over time, its value grows • But the pool doesn’t adjust for this, causing an imbalanced stSTX/STX ratio Stacking DAO is focused on giving stSTX holders more ways to leverage their liquidity in DeFi. Partnering with Velar brings fresh opportunities for Stacks DeFi users and strengthens the ecosystem through key synergies.

Borrowing USDA stablecoin by Arkadiko Finance with stSTX is straightforward. Here is a quick tutorial on how to get started.

What's happening on @Stacks? Here is everything you need to know about from the last few weeks.🧵 ⬇️ • The Coinbase 50 Index, which tracks the top eligible digital assets on the exchange, now includes STX. Further proof of the growing interest in unlocking the Bitcoin digital economy with Stacks leading the way. • The Easya x Stacks hackathon at Harvard University was attended by hundreds of developers. This event could be the source of new builders in the ecosystem, bringing new use cases. • Stacks has announced the Best & Brightest initiative aimed at presenting the latest leading institution supporting sBTC. • Stacking DAO has already attracted 2M STX (~$4M) in just one week of the Stacking cycle. Proof that interest in the Stacks ecosystem is rising again. • Velar Labs is now live with the goal of supporting new teams building on Bitcoin. This will be a further incentive for builders who need some help to get started. • stx city is buzzing with activity!  In the past week alone, it generated $550K+ in volume—an impressive 25% of its all-time total. • Bitcoin L2 labs has launched, lead by Andre Serrano. The goal will be to accelerate Stacks' growth and has already added 5 new full-time Rust developers to work on sBTC and Clarity WASM.

Stacking DAO TVL denominated in STX has grown 8.5x since January 2024! On top of that, Stacking DAO accounts for 48% of Stacks TVL market share. Clear sign that the ecosystem wanted a liquid stacking solution.

Just 4 days into the new cycle, and $2M STX (~$4M) has already flowed into Stacking DAO! 🤯 Interest in Stacks and yield opportunities on STX is growing fast.

The leading Bitcoin and Stacks wallet Xverse is joining the Stacking DAO Signer network. Collaborating with a successful Bitcoin ecosystem company like Xverse will strengthen the ecosystem’s resilience and decentralization. 🧵 ⬇️ Xverse is best known for its top-notch Bitcoin wallet, simplifying the management of BTC, Ordinals, Stacks assets, and more. They also operate one of the longest-running Stacks pools & have deep ties with Stacks community. Such impressive credentials are rare in the Web3 space. Xverse is all about moving the Bitcoin and Stacks ecosystems forward: • Security is their top priority, and even integrated @Ledger hardware • Forward-thinking, as shown by their continuous support for Bitcoin and Stacks apps They are actively unlocking the Bitcoin economy. Why is Stacking DAO partnering with Xverse? Xverse is among the most successful Bitcoin and @Stacks companies, thanks to their wallet. Their experience will be useful in making the Stacking DAO Signer network even more reliable.

A 1,000,000 STX ($2M+) deposit on Stacking DAO has occurred yesterday. 🔥 Bullish!

By supplying stSTX on @ZestProtocol, users start earning: • Zest Points • Yield on stSTX • 50% extra Stacking DAO points Here is a short tutorial on how to get started. ⬇️

Liquid Staking is DeFi’s largest sector, with over $43B in TVL! But what’s driving this explosive growth? Here is everything you need to know on why users are increasingly relying on Liquid Staking protocols.

Liquidity drives trust, and trust fuels growth. 🌊 Philip De Smedt founder of Arkadiko, breaks down how a liquidity-first approach kickstarts a powerful growth flywheel. ⬇️