A tokenized representation of stacked STX (stSTX) that automatically compounds is provided to consumers via the liquid stacking protocol known as StackingDAO. Particularly when used as collateral, stSTX has the potential to grow into a crucial component of the emerging Bitcoin DeFi ecosystem. For STX holders, borrowing against stSTX will be the most cost-effective option to obtain liquidity against STX.
In the Stacks ecosystem, StackingDAO is the most popular liquid staking technique. Although they don’t currently have one, they may do so in the future. Users can now accrue points for staking STX using the recently implemented points system. If users activate their token after collecting points, they can receive an airdrop.
Status: Airdrop unconfirmed
How to Claim StackingDAO Airdrop
- Go to the website of StackingDAO.
- Link your Stacks digital wallet.
- Some STX will be required. It is available on Binance.
- Stake some STX now.
- stSTX which is the StackingDAO liquid token, will be given to you.
- On your staked STX, you will now begin to get yield.
- Staking STX will also win you points.
- Gain 10% of the points for each buddy you recommend.
- Although they don’t currently have a token of their own, users who accrue points could receive one once they launch their token.
- Please be aware that there is no assurance that they would airdrop tokens to early adopters or launch their tokens. That’s just conjecture.
This post does not serve as an endorsement or reason to invest in a project. Finally, there is no guarantee that you will be making a profit or loss from this project and we'll not be liable for any loss.
