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What is StakeStone?
StakeStone is an Omnichain Liquid Staking protocol that provides staking and restaking solutions for Layer 2. The project allows users to stake ETH to receive the derivative token STONE – a non-rebase token with high compatibility with the DeFi ecosystem and other blockchains through LayerZero technology. This is a prominent project in the LSDFi (Liquid Staking Derivatives Finance) field, which has just received investment from Binance Labs.
How does StakeStone work?
StakeStone operates through 4 main components:
- StakeStone Vault: Temporarily stores ETH before allocating to staking strategies.
- Minter: Manages the independent minting/burning of STONE tokens from the underlying assets.
- Strategy Pool: Allocates ETH to staking and restaking protocols to optimize profits.
- OPAP (Optimizing Portfolio and Allocation Proposal): An on-chain mechanism that allows the community to propose and vote on new profit strategies, optimizing asset allocation.
StakeStone's Products
1. STONE Token
- Non-rebase Token: STONE does not increase in quantity in the wallet but increases in value over time (similar to Lido's wstETH).
- Omnichain Fungible Token (OFT): Thanks to LayerZero, STONE can smoothly transfer between blockchains like Ethereum, BNB Chain, Linea, Base, Mantle…
2. STONE-Fi
An ecosystem connecting STONE with DeFi platforms such as DEX, lending protocol, derivatives, stablecoin, GameFi… Users can provide liquidity and earn profits by participating in pools like STONE/WETH on QuickSwap.
3. Liquidity Pad StakeStone
LiquidityPad is StakeStone's omnichain liquidity fundraising platform, connecting liquidity from Ethereum to emerging ecosystems. Users deposit assets and receive LP tokens, which can be used in the DeFi ecosystem to:
- Provide liquidity and earn fees on Uniswap, Curve…
- Use as collateral for borrowing on Aave, Morpho
- Optimize profits through Pendle strategies
- Receive airdrops, governance rights, and benefits from partners
LiquidityPad helps projects access flexible capital while expanding STONE's applications in DeFi.
Highlights of StakeStone
- High Liquidation: Flexible design allows users to unstake on demand or instantly with reasonable fees.
- Omnichain: STONE can be used across multiple chains without wrapping.
- Compatibility: Supports staking, restaking, sequencing, compatible with protocols like Lido, EigenLayer...
- Yield Optimization: Allocates capital to high-yield strategies and adjusts allocation through OPAP mechanism.
- Transparency & Safety: Non-custodial, similar to MakerDAO, with fully transparent and on-chain staking activities.
Overview of STONE Token and Tokenomics
- Token Name: StakeStone
- Ticker: STONE
- Blockchain: Ethereum
- Token Standard: ERC-20
- Contract: 0x7122985656e38BDC0302Db86685bb972b145bD3C
- Total Supply: Updating
- Circulating Supply: Updating
STO Token Distribution
Updating…
STO Token Vesting Schedule
Updating…
STO Token Utility
- A non-rebase yield-generating asset representing staked ETH.
- Used to provide liquidity, participate in STONE-Fi, restake on protocols like Zircuit, Mode.
- Can continue locking STONE to receive G-NFT (project has not yet announced the usecase of this NFT).
STO IDO Information
On April 3, 2025, StakeStone (STO) will open a Token Generation Event (TGE) on Binance Wallet through BNB Smart Chain, in collaboration with PancakeSwap. This event provides an opportunity for investors to purchase StakeStone's official token at a preferential price before listing on a decentralized exchange (DEX).
StakeStone TGE Event Details
- Token Name: StakeStone (STO)
- Blockchain: BNB Smart Chain
- Registration Time: From 15:00 to 15:30 on 3/4/2025 (Vietnam Time)
- Total Capital Raised: 1,000,000 USD
- Total Token Allocation: 50,000,000 STO (5% of total supply)
- Price per Token: 0.02 USD/STO
- Accepted Token: BNB
- Maximum Registration Limit per Person: 3 BNB
- Token Allocation: Based on the percentage of registered amount compared to total amount deposited during the event
- Vesting: None (immediate unlock)
- DEX Trading Time: Immediately after 15:30 on 3/4/2025 (Vietnam Time) on Binance Wallet DEX or PancakeSwap
StakeStone Token Storage & Trading Platforms
Storage Wallets:
- MetaMask
- Coin98 Super Wallet
- WalletConnect
Trading Platforms:
- QuickSwap (STONE/WETH pool)
- PancakeSwap (expected to support omnichain)
- LayerZero bridges to transfer STONE tokens between networks.
Roadmap
- Expand staking features for BTC.
- Integrate additional restaking protocols like Symbiotic.
- Expand into new fields such as AI, GameFi, payments.
- Connect Layer 2 networks like Linea, Mantle, Zksync, Base, Arbitrum to increase liquidity.
Project Team
No detailed information has been disclosed. The project is currently in the testnet phase and does not have an official public team.
Investors and Partners
Investors
StakeStone has successfully raised 22 million USD in a strategic funding round, led by Polychain Capital, Binance Labs, and OKX Ventures. Additionally, the funding round included participation from major investment funds such as: Cyber Fund, Maven11 Capital, Deribit, Selini Capital, and Mechanism Capital.
Strong backing from top funds in the crypto field is evidence of StakeStone's potential for development in the multi-chain liquid staking and LSDFi space.
Partners
- Hook Protocol
- Merlin Chain
- Polyhedra
- Maverick Protocol (collaboration for profit strategies)
Similar Projects
- Lido Finance (LDO): Top liquid staking on Ethereum.
- Jito (JitoSOL): Liquid staking on Solana.
- Swell: ETH liquid staking supporting high yield with stablecoin.
Perspective on StakeStone
StakeStone is a promising project with a differentiated strategy thanks to its multi-chain compatibility, OPAP yield allocation structure, and STONE-Fi ecosystem. Although still in the development stage, with support from Binance Labs and an increasingly expanding community, StakeStone could become one of the notable names in the LSDFi race.
Frequently Asked Questions about StakeStone
1. Is STONE a traditional staking token?
No. STONE is a non-rebase token that generates yield through value accumulation, similar to wstETH.
2. Where can STONE be used?
STONE can be used for liquidity provision, lending, restaking, and DeFi across multiple chains.
3. Has StakeStone issued its token?
Not yet. The project has not announced the TGE time and complete tokenomics.
Summary
StakeStone is emerging as a notable Liquid Staking Derivatives Fi (LSDFi) protocol thanks to its omnichain features, restaking integration capability, and smart OPAP allocation model. Although still in its early stages, StakeStone promises to become an important piece in the LSD ecosystem on Ethereum and LayerZero.
