The stacy.fi team, renowned for coupling Tezos staking with immediate liquidity, has launched stXTZ — its liquid staked tez (XTZ) token — on the EVM-compatible Etherlink Layer 2 blockchain, a Tezos Smart Rollup chain. By staking tez through stXTZ, network participants preserve full liquidity, which lets them keep earning native rewards while also tapping into the high-performance DeFi solutions offered on Etherlink.
Worldwide liquid staking surpassed $45 billion in value and is being propelled by tokens like Lido’s stETH, which now serve as fundamental assets throughout DeFi macrocosms. These tokens remedy the capital inefficiencies inherent in conventional staking by letting holders to accumulate staking rewards while maintaining full asset liquidity. The fusion of yield generation and liquidity has markedly thrust adoption across lending, trading, and yield farming protocols.
Conceived by the core developers of Ubinetic AG in concert with the youves DAO, stacy.fi functions on Acurast technology. Upon gaining governance endorsement, the youves DAO — on behalf of all YOU token stakers — now oversees the stXTZ pool, tokens issuance, and all relevant smart contracts.
“stXTZ from stacy.fi allows DeFi users in the Tezos ecosystem to make use of their Tezos funds in DeFi offers on Tezos L1 and on its rapidly emerging Layer 2 Etherlink, while contributing to the security of the L1 and earning 90% of the potential staking rewards. With liquid staked tez, the ecosystem is ready for the next era of DeFi, not only on the L1, but also on the current and future L2s,” said djangobits, contributor of youves and stacy.fi.
Etherlink’s robust bridging infrastructure lays the ground for the rollout: stXTZ tokens are restricted on Tezos L1, whereas ERC-20 proxy tokens are minted on Etherlink L2. DeFi applications on Etherlink tap an Acurast-driven Chainlink-compliant oracle to supply real-time pricing information derived from the stXTZ staking pool contract on Tezos L1.
“The integration of stXTZ addresses a fundamental challenge for users seeking to earn staking rewards while participating in Layer 2 DeFi,” said David Relkin, Head of DeFi at Nomadic Labs. “With stXTZ on Etherlink, users can maintain their Tezos staking exposure while benefiting from the enhanced performance and cost-effectiveness of our Layer 2 infrastructure.”
stXTZ is already in operation within Etherlink’s expanding DeFi ecosystem. Among the integration points are Superlend for lending and borrowing, both Curve Finance and IguanaDex for stXTZ/WXTZ trading, Hanji for advanced and professional traders, and Uniswap V3 on oku.trade, Etherlink’s AMM-style trading venue for top-tier assets.
