Liquid Stacking tokens are special assets that represent your deposited STX in a liquid Stacking protocol.

Instead of locking STX directly with the Stacks protocol, you transfer it to a third-party protocol that performs Stacking on your behalf and issues you a liquid token like:

• stSTX (from Stacking DAO)

• LiSTX (from LISA)

• Other variants depending on the protocol

These tokens reflect your position in the protocol and accrue BTC rewards proportionally over time.

Why use a liquid Stacking token?

• No lockup — You keep access to a tokenized version of your STX

• DeFi compatibility — Use the token in swaps, LPs, or lending apps

• Composability — Stack yield with other yield sources

• Exit flexibility — Redeem the token for STX and rewards based on protocol terms

Interacting with liquid tokens in Leather

Leather displays balances of known liquid Stacking tokens and supports:

• Viewing your rewards and balances

• Connecting to apps that accept them

• Sending or trading the token like any other asset