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Binance has shared that it will soon list StakeStone (STO), a token for a liquid staking protocol, on its spot trading platform. This comes after STO was featured in the 17th round of Binance’s HODLer Airdrops.
Users who had BNB subscribed to Simple Earn (Flexible or Locked) or On-Chain Yield products between April 27 and April 29, 2025, are eligible for the STO airdrop. Trading is set to start on May 2 at 16:00 UTC. Pairs at launch will include STO/USDT, STO/USDC, STO/BNB, STO/FDUSD, and STO/TRY.
Here are a few basic details about the token:
Name: StakeStone (STO)
Total Supply: 1 billion
Circulating Supply at Launch: Around 225 million
Airdrop Amount: 15 million (1.5% of total supply)
Blockchains: BNB Smart Chain and Ethereum
The token is currently listed on Binance’s Alpha Market but will be removed from there once spot trading begins. Deposits for STO will open two hours before trading goes live.
The airdrop distribution is based on BNB holdings during the eligibility period, with Binance taking frequent balance snapshots to calculate averages. Airdrop tokens will be distributed at least one hour before trading starts.
To spread things out fairly, there’s a cap in place: no one can hold more than 4% of the total eligible BNB pool used for the airdrop.
Another 15 million STO tokens have been set aside for marketing efforts, which are planned to kick off about three months after the listing.
