D'CENT Wallet: Your Gateway to Effortless STX Stacking and the Thriving Stacks Ecosystem
D'CENT Wallet is thrilled to be your one-stop shop for everything Stacks (STX)! Our dynamic partnership with Stacks unlocks a universe of possibilities, empowering you to securely store, manage, and earn rewards on your STX holdings.
Seamless STX Management and SIP010 Token Support
D'CENT Wallet offers native support for STX within your Biometric and App wallets. This translates to secure and convenient storage, letting you manage your STX holdings with ease. But that's just the beginning! We're constantly expanding our capabilities. D'CENT Wallet champions interoperability within the Stacks ecosystem by offering support for a wide range of Stacks-based tokens that adhere to the SIP010 standard. This opens the door to exploring groundbreaking DeFi platforms and managing various tokenized assets built on Stacks, all directly through your D'CENT Wallet.
D’CENT Wallet will officially list several types of Stacks-based token assets from decentralized finance platforms such as; Arkadiko Finance, ALEX Protocol, and Stackswap and will continue to do so over time.
Arkadiko enables self-repaying loans with Bitcoin — it is a decentralized, non-custodial liquidity protocol where users can collateralize their STX tokens and borrow a stablecoin called USDA. By creating a decentralized stablecoin (USDA), Arkadiko increases the utility and efficiency of assets on the Stacks ecosystem as users can collateralize their tokens such as STX, xBTC, or other future SIP-based tokens that D’CENT will support.
$DIKO is the Governance token of the Arkadiko Protocol, which allows holders to have a say in important decisions that the ArkadikoDAO proposes.
$USDA (USD Arkadiko) is a stablecoin issued via Arkadiko Finance smart contract, which is collateralized by digital assets on the Stacks protocol.
ALEX (Automated Liquidity EXchange) is a hybrid of automated market making and on-chain loanable fund built on Stacks blockchain network. ALEX aims to provide a fixed rate borrowing and lending service with pre-determined maturity in the world of decentralised finance (DeFi). Liquidity provider of ALEX can save decent amount of capital by making markets on a selected range of interest rate.
$ALEX is the native token of the ALEX Platform, where you can Lend BTC, USDC, and any Stacks or ALEX native tokens to earn fixed or variable interest.
👉 For the non-listed SIP010 tokens in the D’CENT Wallet, users can custom add these accounts in the D’CENT Wallet.
Effortless STX Stacking Made Simple
D'CENT Wallet goes beyond basic token management. We're proud to introduce in-app STX Stacking delegation. This exciting feature allows you to directly participate in the Stacks blockchain's unique Proof-of-Transfer (PoX) consensus mechanism and earn rewards for your contribution. Even with a smaller STX holding, you can benefit! Stacking pools enable you to combine your STX with others to participate proportionally and earn rewards.
Start Stacking and Earn Rewards Today!
Stacking STX with D'CENT Wallet is a breeze. Here's how:
1) Navigate to the "Details History" page of your Stacks account within D'CENT Wallet.
2) Locate the Stacking delegation service.
3) Explore the available stacking pools, each with its minimum requirements and operating rules.
4) Choose the pool that best suits your needs and investment goals.
5) Sit back, relax, and start earning rewards on your STX!
Current Stacking Pool Options:
NFP Studio Pool (https://app.nfpstudio.io/stacking)
💠Global pool with a user-friendly interface, offering wrapped Bitcoin (xBTC) rewards.
💠Minimum: 100 STX, Fee: 7%.
Planbetter (https://planbetter.org/)
💠Non-custodial pool that rewards in Bitcoin (BTC). Offers a convenient dashboard for tracking activity and downloading transaction history.
💠Minimum: 200 STX, Fee: 5%.
Friedger (https://pool.friedger.de/)
💠Non-custodial pool that rewards in Stacks (STX).
💠No minimum, Fee: 0%
The Future of Bitcoin with Stacks:
The integration of Stacks with Bitcoin unlocks a new chapter of possibilities. Stacks empowers Bitcoin to evolve into a robust platform for smart contracts and dApps, fostering innovation and expanding its use cases beyond just a store of value. D'CENT Wallet is at the forefront of this revolution, providing users with the tools and resources to participate in the Stacks ecosystem. Stay tuned for exciting updates as we continue to develop our support for Stacks and unlock the full potential of Bitcoin!
This blog is for educational purposes only. Information presented here, including projects or brands mentioned, is informative and not financial, legal, or tax advice. While we strive for accuracy, we cannot be held liable for any inaccuracies. Cryptocurrencies are inherently risky. Do your own thorough research and consider consulting a financial advisor for investment decisions aligned with your goals and risk tolerance. External links may be present and we are not responsible for their content or practices. Review their terms of service and privacy policies.
