Stacking DAO Bi-Weekly Update: The Nakamoto Odyssey and Onboarding Signers

Stacking DAO bi-weekly updates is the perfect format for the community to explore the latest news and milestones. The Nakamoto Odyssey Point Bonuses Activities The hugely anticipated Nakamoto Instantiation went live a few days ago , meaning faster block times and 100% Bitcoin finality will be live in a few weeks. Moreover, all STX got unlocked , giving the possibility to stackers who were locked for a long time to finally join Stacking DAO. Therefore, Stacking DAO launched the “Nakamoto Odyssey,” a series of activities that include a 20x one-time point booster on new STX deposits and a 2x boost on referral points until cycle 84. https://medium.com/media/c726b688a7f18e7ccd922c766de003f9/href The Stacking DAO rose to the number 1 DeFi project on Stacks, and the Nakamoto activities also captured the attention of notable educators and investors such as DeFi Dad . https://medium.com/media/a81c29b1b9a9e7b9fe826bac876bba89/href If you want to learn more about the 20x one-time point bonus, read the blog article explaining all the details of the Odyssey activities . Bootstrapping Stacks Signer Network With the Nakamoto upgrade , Stackers need to run a node, effectively becoming Signers , which will play a key role in decentralizing and securing the Stacks network. Stacking DAO is actively contributing to Stacks resiliency by onboarding top-tier node operators like Luganodes , Restake , ALUM LABS and others as Signers, which are receiving STX delegations with Stacking DAO V2. https://medium.com/media/58a7e69907a7aa34b7228431a12462e6/href Stacking DAO On-Chain Metrics Growth More than 42.5M STX tokens are now deposited in Stacking DAO , marking another growth step for the protocol, which will be now delegating the deposits to the best node operator providers in the Web3 ecosystem. Furthermore, 30k total users have interacted with the protocol since its launch, showcasing the growing adoption of Liquid Stacking. In fact, according to Stacks Pulse, Stacking DAO is consistently among the top apps for unique users in the last 7 days. stackspulse on Twitter: "📈 Last 7 days unique users:- @VelarBTC: 1,411 users- @StackingDao: 950 users- @ALEXLabBTC: 805 users- @Stackswap_BTC: 382 users- @Bitflow_Finance: 209 users pic.twitter.com/ZnktlluBF6 / Twitter" 📈 Last 7 days unique users:- @VelarBTC: 1,411 users- @StackingDao: 950 users- @ALEXLabBTC: 805 users- @Stackswap_BTC: 382 users- @Bitflow_Finance: 209 users pic.twitter.com/ZnktlluBF6 DeFi News and Milestones Hermetica announced the launch of the stSTXearn product, which enables the deposit of stSTX in their vault, promising 16% APY through automated options strategies. https://medium.com/media/0d52c0487dbccb98f45e6d80eef06562/href Instead, a detailed thread on how to mint USDA with stSTX and unlock new yield opportunities is available for those looking to use their stSTX on Arkadiko vaults. Stacking DAO on Twitter: "The partnership of @StackingDao and @ArkadikoFinance introduces self-repaying loans with stSTX.This quick guide explains how stSTX holders can get involved with Arkadiko. 🧵 ⬇️ pic.twitter.com/xu8f0MIHR0 / Twitter" The partnership of @StackingDao and @ArkadikoFinance introduces self-repaying loans with stSTX.This quick guide explains how stSTX holders can get involved with Arkadiko. 🧵 ⬇️ pic.twitter.com/xu8f0MIHR0 Similarly, Stacking DAO unlocks new DeFi opportunities on Velar, as stSTX can be used in Pools or for swaps. A comprehensive thread guide is live for those interested. Stacking DAO on Twitter: "The @StackingDao x @VelarBTC integration means new yield opportunitiesstSTX holders can earn 1.5 points on their stSTX in Velar poolsHere's a step-by-step guide on how stSTX holders can engage with Velar.🧵 ↓ pic.twitter.com/wHc6Heq38b / Twitter" The @StackingDao x @VelarBTC integration means new yield opportunitiesstSTX holders can earn 1.5 points on their stSTX in Velar poolsHere's a step-by-step guide on how stSTX holders can engage with Velar.🧵 ↓ pic.twitter.com/wHc6Heq38b Stacking DAO is also offering 2 points per day for all those DeFi pioneers who have their stSTX locked on Zest while they prepare to launch again. Stacking DAO on Twitter: "Stacking DAO's mission is to support DeFi apps on @Stacks To reward the pioneering spirit of users who deposited on @ZestProtocol, users locked stSTX during the pause will earn 2 Stacking DAO points per day 💯 pic.twitter.com/EMwrhTqjpA / Twitter" Stacking DAO's mission is to support DeFi apps on @Stacks To reward the pioneering spirit of users who deposited on @ZestProtocol, users locked stSTX during the pause will earn 2 Stacking DAO points per day 💯 pic.twitter.com/EMwrhTqjpA It’s clear that the pieces are coming together for an unprecedented DeFi wave on Bitcoin L2s. Stacking DAO is well-positioned to be at the forefront of this movement. Stacking DAO Social Media and Content Stacking DAO hosted together with Stacks and the Spartan Group an event during Token 2049. Stacking DAO on Twitter: "Thanks to everyone who came to the first ever Stacking DAO event at Token2049, hosted with @Stacks and @TheSpartanGroupBringing Stackers together to generate yield and improve the health of the network 🤝 pic.twitter.com/Wh728VtbAX / Twitter" Thanks to everyone who came to the first ever Stacking DAO event at Token2049, hosted with @Stacks and @TheSpartanGroupBringing Stackers together to generate yield and improve the health of the network 🤝 pic.twitter.com/Wh728VtbAX In the past few weeks, many Stacks ecosystem members and Web3 educators have been covering Stacking DAO. Tim wrote a short thread highlighting interesting aspects and news related to Stacking DAO. Tim on Twitter: "A narrative I'm sure will always thrive is liquid staking. The idea of having and eating your cake is enough reason on the surface.@StackingDao already has a TVL of about 120M+ with 33M+ STX stacked in just 4 months. They're compared to projects like Lido (launched 2020). pic.twitter.com/Kpu4h49LEa / Twitter" A narrative I'm sure will always thrive is liquid staking. The idea of having and eating your cake is enough reason on the surface.@StackingDao already has a TVL of about 120M+ with 33M+ STX stacked in just 4 months. They're compared to projects like Lido (launched 2020). pic.twitter.com/Kpu4h49LEa Iiaone published a comprehensive thread on the benefits of Stacking DAO by making Stacking more accessible and how it unlocks new DeFi opportunities. iiaonΞ // 1%. 🧙🏿‍♂️ on Twitter: ">> StackingDao: Revolutionizing Stacks Ecosystem w/ Liquid Staking << @StackingDao the first Liquid Staking protocol on @Stacks, w/ over $100 million in Total Value Locked (TVL) and counting.With the upcoming Nakamoto upgrade, Stacks users will have to run a node with... pic.twitter.com/OEwBCamMfx / Twitter" StackingDao: Revolutionizing Stacks Ecosystem w/ Liquid Staking << @StackingDao the first Liquid Staking protocol on @Stacks, w/ over $100 million in Total Value Locked (TVL) and counting.With the upcoming Nakamoto upgrade, Stacks users will have to run a node with... pic.twitter.com/OEwBCamMfx Moreover, Stacksy.btc explained Stacking DAO impact on Stacks with clear and catchy visual graphics. Stacksy.btc on Twitter: "Discover how @StackingDao is redefining the @Stacks ecosystem with this 'StackingDao Solutions Map' 💚 pic.twitter.com/3yD9nKlGuQ / Twitter" Discover how @StackingDao is redefining the @Stacks ecosystem with this 'StackingDao Solutions Map' 💚 pic.twitter.com/3yD9nKlGuQ Fracture.btc posted about how Stacking DAO TVL growth is a clear indicator of interest in Stacks as a network. fracture.btc on Twitter: "From @signal21btc real time data, @StackingDao TVL on $STX has been up-only 📈Total Value Locked is a metric measuring value of assets locked/staked in a DeFi platform or dApp. ⬆️ TVL = ⬆️ Long-term interest, security, network relevanceMulti-billion project. No token (yet). pic.twitter.com/azbZiPQPel / Twitter" From @signal21btc real time data, @StackingDao TVL on $STX has been up-only 📈Total Value Locked is a metric measuring value of assets locked/staked in a DeFi platform or dApp. ⬆️ TVL = ⬆️ Long-term interest, security, network relevanceMulti-billion project. No token (yet). pic.twitter.com/azbZiPQPel While Algorithm.btc short thread explains the importance of a strong Signer network and the role of Stacking DAO in bootstrapping Signers. Algorithm.btc on Twitter: ".@StackingDao is not just a simple liquid stacking protocolS/O to @Luganodes for being the first to join @stackingDAO Signers networkStackingDAO's infra reduces costs for Stacks Signers, ensuring their network relevancy & best track to Stacks chain via its delegation program pic.twitter.com/sSfmtpglYi / Twitter" @StackingDao is not just a simple liquid stacking protocolS/O to @Luganodes for being the first to join @stackingDAO Signers networkStackingDAO's infra reduces costs for Stacks Signers, ensuring their network relevancy & best track to Stacks chain via its delegation program pic.twitter.com/sSfmtpglYi Finally, Stacking DAO has processed another ~19,091 STX in Stacking rewards: STX Transaction - 73739...6f271 Mint stSTX today and earn a 7% 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