From Dual Stacking to a BTC LST on Stacks

Over $2T worth of BTC is out there—ready to power the Bitcoin economy.

Yet most of it sits idle, waiting for a secure & sustainable way to earn yield. Dual Staking on Stacks unlocks exactly that.

And Stacking DAO is building the gateway to make it accessible to all.

How does Dual Staking work?

Stacks relies on the Proof of Transfer (PoX) mechanism.

Miners bid BTC to secure block rewards, while the committed BTC is distributed to STX Stackers.

With Dual Staking, users can stake BTC directly and earn a share of the BTC committed by miners.

Even more compelling, users who stake both BTC and STX receive a boosted yield on their BTC staking position.

That gives Stacking DAO a clear edge, as it's already the top protocol for liquid STX staking. Still, BTC staking will face many of the same challenges as STX staking.

Stacking DAO introducing BTC Liquid Stacking

Once Dual Staking goes live, Stacking DAO could introduce a BTC Liquid Staking token (LST).

An LST would make BTC staking yield easily accessible to all. It can also be used across Stacks DeFi platforms, such as Zest and Bitflow, to earn additional rewards.

A BTC LST from Stacking DAO could accelerate Stacks' growth. Sustainable BTC yield via the PoX mechanism may draw in larger holders seeking secure returns.

The more LST minted, the faster Stacks’ TVL expands, setting off a powerful flywheel effect powered by Stacking DAO.

‍

Stacking DAO Details:

Earn up to 10% yield on your STX today with Stacking DAO: 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

‍