Stacks STX
standardized id:
stacks-stx
Asset valuation (marketcap): $1,270,413,133
Ownerships:
Supply:
- circulating @ 1368483678
- Form: tokens
- Price: $ 0.929
What is the Stacks STX asset token:
Stacks (STX) is the native utility token of the Stacks ecosystem, an open-source network built on top of the Bitcoin blockchain to enable smart contracts and decentralized applications (dApps) without compromising Bitcoin's security and stability. The Stacks network uses a unique consensus mechanism called Proof of Transfer (PoX), which allows STX holders to earn Bitcoin rewards by actively participating in the network. STX is used for staking, executing smart contracts, and facilitating transactions, fostering innovation and development in the Stacks ecosystem.