Stacking DAO bi-weekly update: Nakamoto upgrade and Staking DAO V2

Stacking DAO bi-weekly updates is the perfect format for the community to deep dive into the latest news and milestones. This cycle has been exciting, as both Stacking DAO V2 and the rebranding have been revealed. First, Stacking DAO V2 is a huge announcement, as STX deposited in the protocol will be delegated to Stacks signers, contributing to a healthy Signer network. Stacking DAO on Twitter: "Stacking DAO mission has always been to support the Stacks network and contribute to its ecosystem growth.The first step was making it simple for the community to earn Stacking yield. Then, it was about bootstrapping DeFi on Stacks with protocol integrations. The Nakamoto... pic.twitter.com/PApVJ96LKr / Twitter" Stacking DAO mission has always been to support the Stacks network and contribute to its ecosystem growth.The first step was making it simple for the community to earn Stacking yield. Then, it was about bootstrapping DeFi on Stacks with protocol integrations. The Nakamoto... pic.twitter.com/PApVJ96LKr Many within the ecosystem have shared their excitement about V2 and its benefits, such as Diego May (Bitflow co-founder), Gina (Trust Machine team), Jiurn (Bitcoin educator), and other community members. The Rebrand also went live , reflecting its evolving identity and commitment to keep building upon the great work of the Stacks ecosystem. Make sure to visit the new and refreshed Stacking DAO website and landing page. Stacking DAO on Twitter: "The Stacking DAO rebrand is here! 🔥Check out the new website and revamped brand. 🤩https://t.co/nbnlQzxsQx pic.twitter.com/WQXpO9UsDQ / Twitter" The Stacking DAO rebrand is here! 🔥Check out the new website and revamped brand. 🤩https://t.co/nbnlQzxsQx pic.twitter.com/WQXpO9UsDQ Stacking DAO has surpassed $120M+ in TVL last week, an impressive amount of liquidity flowing into DeFi protocols and to be delegated to Signers after Nakamoto. Stacking DAO on Twitter: "Stacking DAO reaching $120M+ in TVL will contribute to Stacks decentralization. 💪How?With V2, the protocol will delegate deposited STX to Signers, improving Stacks network health. pic.twitter.com/L3pa373CNQ / Twitter" Stacking DAO reaching $120M+ in TVL will contribute to Stacks decentralization. 💪How?With V2, the protocol will delegate deposited STX to Signers, improving Stacks network health. pic.twitter.com/L3pa373CNQ Moreover, the protocol is nearing 30k total users, showcasing the great interest in Liquid Stacking within the Stacks ecosystem. In fact, according to Stacks Pulse, Stacking DAO is the second most-used Stacks protocol , and according to Cryptolaxy, the protocol is among the top 11 LSTs by monthly TVL growth. https://medium.com/media/823c015bbe699beefb32bb42aba40985/href DeFi Developments Stacking DAO is becoming even more mainstream thanks to a partnership with Bitget. Bitget's STX earn product is powered by Stacking DAO, facilitating CEX users' onboarding to the network via Stacking. Stacking DAO on Twitter: "stSTX 🤝 Centralised ExchangesStacking DAO is powering the @bitgetglobal STX earn product!Time to offer Stacking yield to new users and bring new liquidity to Stacks via Bitget exchange. pic.twitter.com/VuxB4jHmkK / Twitter" stSTX 🤝 Centralised ExchangesStacking DAO is powering the @bitgetglobal STX earn product!Time to offer Stacking yield to new users and bring new liquidity to Stacks via Bitget exchange. pic.twitter.com/VuxB4jHmkK Velar also integrated stSTX pools and trading pair , offering a new DeFi avenue for Stacking DAO users. Moreover, by depositing stSTX on Velar, users get to accumulate point faster. Even Newman Capital shared on X their thoughts on the benefits and meaning of this DeFi integration Another update involves Zest Protocol which has enabled to take STX loans against stSTX . This is a great unlock for people who want to use leverage. https://medium.com/media/a1120e04f4ccaaeb4dd874053aff48e5/href The increasing impact of Stacking DAO on bootstrapping DeFi liquidity and Stacks growth has been further highlighted by Signal21 in their report. Signal21 on Twitter: "The Bitcoin L2 narrative is in full swing as @Stacks had a record-breaking Q1 2024 adding 142,927 New Accounts, up 114% QoQ.Stacks reached new all-time highs across a number of metrics including price, TVL and network activity $STXRead the full Q1 2024 report ⬇️... pic.twitter.com/Gxgwg7xH7N / Twitter" The Bitcoin L2 narrative is in full swing as @Stacks had a record-breaking Q1 2024 adding 142,927 New Accounts, up 114% QoQ.Stacks reached new all-time highs across a number of metrics including price, TVL and network activity $STXRead the full Q1 2024 report ⬇️... pic.twitter.com/Gxgwg7xH7N Aside from DeFi, Stacking DAO has proceeded with many integrations. Stacking DAO has also been integrated into Stacking Reward’s website, which is the market leader for staking data and insights. https://medium.com/media/51c5748b615a167b906344daba411767/href As highlighted by Leather Wallet, now anyone can deposit on Stacking DAO via LockStacks , offering a new way for users to interact with Stacking: Leather - The Bitcoin wallet for the rest of us on Twitter: "Exciting update! ✨You can now use Leather wallet for Liquid Stacking, powered by our friends at @StackingDAO.Want to get started? Just connect Leather to https://t.co/vHp3Px6Q8P and choose "Liquid Stacking" to mint stSTX via Stacking DAO 🤘 pic.twitter.com/g2JUtF5BS3 / Twitter" Exciting update! ✨You can now use Leather wallet for Liquid Stacking, powered by our friends at @StackingDAO.Want to get started? Just connect Leather to https://t.co/vHp3Px6Q8P and choose "Liquid Stacking" to mint stSTX via Stacking DAO 🤘 pic.twitter.com/g2JUtF5BS3 There have also been many news on the Social side Stacking DAO was featured on Defiant News , one of the largest media companies in Web3, highlighting its widespread recognition and impact within the DeFi community. Stacking DAO on Twitter: "Stacking DAO has just been featured on @DefiantNews.Read the Stacking DAO analysis in their DeFi Alpha letter.It's time for the whole Web3 ecosystem to learn about Liquid Stacking on @Stacks.https://t.co/SXYl0b6WY6 / Twitter" Stacking DAO has just been featured on @DefiantNews.Read the Stacking DAO analysis in their DeFi Alpha letter.It's time for the whole Web3 ecosystem to learn about Liquid Stacking on @Stacks.https://t.co/SXYl0b6WY6 Stacking DAO also received notable recognition from Thesis , a prominent web3 venture studio. The Stacking DAO community had a glimpse of the Nakamoto Odyssey, which sparked profound interest. The first activity has also been announced, which consists of a 2x boost in referral points generation from new addresses starting from April 16. https://medium.com/media/4448dcf38a123248de7dcb71bb8c723f/href Finally, Stacking DAO has processed another ~13,851 STX in Stacking rewards: STX Transaction - 0xd0905...4a827 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