Stacking DAO Cycle Update: App UI Revamp and Bankless Quest Highlight

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

Stacking DAO has revamped its UI to optimize user interactions with the protocol, enhance the mobile experience, and better embody its identity.

The fresh website look features a brand-new app UI, Signer landing pages, lifetime yield earned data, an updated home page and more. ‍

‍Stacking DAO statistics remain robust, with the yield on STX currently at 9.42% and 60 million STX still deposited in the protocol. Additionally, the total number of stSTX holders is approaching 37,000 addresses

The interest in using stSTX across DeFi keeps increasing with 44% of all stSTX used across Zest, Bitflow, Velar, Hermetica and Arkadiko.

Stacking DAO's significant impact on Stacks DeFi is further evidenced by DeFiLlama's on-chain data, which shows the substantial TVL in STX terms injected into the ecosystem since the protocol launch.

Even Hermetica's Co-Founder shared his insights on why stSTX liquidity is a crucial factor in bootstrapping new and emerging DeFi apps.

Other initiatives and news related to Stacking DAO

Bankless is featuring Stacking DAO in their quests section. The campaign includes tasks involving Leather, Zest, and Bitflow, aimed at educating the Web3 community about the Stacks ecosystem.

Stacking DAO has hit 25,000 Twitter followers, reflecting the growing interest in Stacks and its DeFi ecosystem, both on social media, beyond on-chain adoption.

The special code for the this cycle update quest on Zealy is: UI

By the way, it looks like Muneeb wants some Stacking DAO drip that Leeor has been rocking recently.

Stacking DAO also published a blog explaining how, despite recent market volatility, the protocol continues to operate normally with no impact on its systems.

Finally, Stacking DAO has processed another ~187,140.00 STX in Stacking rewards.

Stacking DAO Details:

Mint stSTX today and earn up to 10% yield on your STX: https://app.stackingdao.com/

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