Stacking DAO Cycle Update: Zeus partnership and protocols new milestones

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

Stacking DAO continues to be an appealing choice for those seeking high yields on STX, with the current protocol APY averaging 8.8% in Stacking rewards over the past two cycles.

Additionally, the total number of Stacking DAO users has surpassed the 37k milestone, with over 54 million STX deposited. Interest in earning Stacking rewards while staying liquid remains undeniably strong.

According to StacksPulse, Stacking DAO is the second most used Stacks protocol to date, with 20k more unique users than the third-ranked protocol. It's remarkable to consider that the protocol launched just 8 months ago.

Signal 21 metrics clearly demonstrate the positive impact Stacking DAO has had on Stacks DeFi since its launch, doubling the ecosystem's TVL and increasing active addresses by over 20 times.

If you're interested in exploring the on-chain data and initiatives driving Stacking DAO's rapid growth, check out this thread:

Other initiatives and news related to Stacking DAO

Stacking DAO is partnering with Zeus to bring more utility to Bitcoin. With the Stacks and Solana DeFi ecosystems working together, Bitcoin DeFi will grow faster than ever.

Stacking DAO has a new mascotte! He thinks Stacks and its DeFi ecosystem are smashing. Stay tuned to discover his name.

With the Nakamoto Activation rollout going live on August 28, the ecosystem will soon enjoy fast blocks and 100% Bitcoin finality. The era of minting stSTX and deploying it in DeFi within seconds is nearly here.

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

Stacking DAO will be at Korea Blockchain Week from September 1-7. If you're attending and would like to connect with the team, be sure to reach out to Leeor or Tycho.

Stacking DAO also attended Webx in Tokyo. It was great opportunity to meet with users and builders interested in scaling the Bitcoin economy.

Finally, Stacking DAO has processed another ~209,825.00 STX in Stacking rewards.

Stacking DAO Details:

Mint stSTX today and earn up to 10% yield on your STX: 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

Join Stacking DAO Zealy space to earn rewards and more: https://zealy.io/cw/stackingdao