Binance just announced the 16th project on the HODLer Airdrops page – StakeStone (STO), a decentralized omnichain liquidity infrastructure protocol designed to transform how liquidity is collected, distributed, and utilized across blockchain ecosystems. Rewards for BNB holders through exclusive token airdrops. Let's quickly learn about the StakeStone (STO) project and how to receive the HODLer Airdrop at Binance.

What is StakeStone (STO)?

StakeStone is a multi-chain infrastructure protocol designed to distribute and convert to collect various use cases with profit opportunities across blockchain ecosystems.

The project develops and innovates including LiquidityPad and ETH/BTC assets to optimize and provide profits, empowering liquidity providers with effective earning opportunities while meeting the specialized liquidity needs of ecosystems and protocols.

Highlights of the StakeStone project

  • Multi-chain liquidity solution, supported and integrated: 20+ Blockchains

  • Users on the platform exceed: 350k users (According to current statistics)

  • STONE bridge value: $3.6 billion or more

  • Trading: 476 million+

  • Protocol and platform integration: 100+ supported and integrated platforms

  • Total locked value: $500 million or more

  • TVL reached 1.3B$, of which 800M+ is active liquidity (involved in lending, leverage, LP,…).

  • The project allows for customized liquidity creation, new projects (L1/L2) effectively raise funds by creating their own liquidity vault.

  • Strong backing from VCs & Partners raising $22M funding from Polychain Capital, OKX Ventures, HashKey and collaborating with top projects: Berachain, Manta, Scroll, Aptos, Plume,…

  • Suitable and scalable in the current and future DeFi trends when addressing the expansion to BTC & multi-chain. And addressing fragmentation liquidity – a significant demand as the market develops modular blockchain (Ethereum rollups, Cosmos, Solana SVM,…).

Current products of StakeStone

Currently, StakeStone has 3 main products including "STONE", "LiquidityPad", "SBTC & STONEBTC", focused on maintaining stability with Stone and providing solutions for ecosystems and scaling on BTC and other chains. The 3 main products include as follows:

Yield Bearing Liquid ETH: STONE

It is a token representing ETH staking (similar to Lido's stETH), but can be used multi-chain.

  • Utility:

    • Earn yield from staking ETH on Ethereum.

    • Used as liquidity assets on 20+ blockchains (such as Berachain, Scroll, Manta).

    • Integrate into DeFi protocols (lending, LP, leverage) to increase yield.

  • Advantages: More flexible than traditional stETH thanks to cross-chain mobility.

LiquidityPad: customized liquidity solution for Ecosystems and Protocols

It is a token representing BTC staking or wrapping, yielding (similar to WBTC but with yield).

  • Utility:

    • Yield generation for BTC holders (through staking, lending, or vault).

    • Used as multi-chain collateral (e.g., borrowing stablecoins using SBTC on Berachain).

  • Differentiation: StakeStone focuses on yield-bearing BTC, with few direct competitors.

Liquid & Yield Bearing BTC Products: SBTC & STONEBTC

It is a platform that helps new projects (L1/L2) raise liquidity by creating customized vaults.

  • Utility:

    • Projects like Berachain/Story use LiquidityPad to attract TVL before mainnet.

    • Users deposit ETH/BTC into vaults to receive project tokens (airdrops) + yield.

  • Successful examples:

    • Berachain Vault: $430M TVL, 121,900 users.

    • Story Protocol: Achieved $7M TVL in 9 minutes.

Infrastructure of StakeStone

StakeStone builds a multi-chain technical infrastructure (omnichain) to address the fragmented liquidity problem in DeFi, focusing on key components:

Multi-chain architecture:
StakeStone uses cross-chain messaging protocols like LayerZero and Axelar to synchronize assets (STONE/SBTC) between blockchains. Smart contracts are designed to be modular, compatible with multiple virtual machines (EVM, SVM, MoveVM), allowing assets to move seamlessly without traditional bridges.

Staking & Yield Optimization System:
The flexible staking mechanism automatically selects validators or platforms (Lido, EigenLayer) to maximize yield for ETH/BTC. The vaults are pre-integrated with Morpho, Pendle, Curve supporting auto-compounding, helping users increase APY without manual intervention.

Smart liquidity distribution:
The Dynamic Routing algorithm automatically adjusts TVL between chains based on APY and demand. The "bribe" mechanism allows the protocol to bid with STO tokens to attract liquidity, similar to the Curve Wars model.

LiquidityPad - Liquidity launchpad:
Provides a simple SDK for new projects to create customized liquidity vaults in just a few minutes, deploying multi-chain simultaneously. For example: Berachain Vault achieved $430M TVL thanks to LiquidityPad integration.

Multi-layer security:
Smart contracts audited by Zellic and OtterSec, combined with Chainlink/Pyth oracles for cross-chain pricing. The reserve fund (ETH/BTC) is managed with a multi-signature wallet (Gnosis Safe) to mitigate risks.

Future technology:
The project is researching the application of ZK Proofs to verify anonymous staking status and integrate restaking (EigenLayer/Babylon). The goal is to turn STONE/SBTC into a base asset for multi-chain DeFi.

Project backers and funding rounds of StakeStone

StakeStone has a quite strong strategic investor base including:

  • HashKey Capital (large Asian fund, backer of Ethereum, Polkadot).

  • OKX Ventures

  • Mirana Ventures (strategic partner of Bybit).

  • Bankless Ventures (Bankless community).

  • Previously, there was a Seed round but no announcement yet, funded by small funds and other angel investors.

Additionally, StakeStone has raised the following funding rounds:

  • Seed round, 72,525,000 (7.2525% of total supply)

  • Strategic round, 40,000,000 (4% of total supply)

  • Pre-A round, 90,500,000 (9.05% of total supply)

  • Series-A, 3,370,000 (0.3373% of total supply)

  • KOL Round, 8,602,000 (0.8602% of total supply)

Tokenomics details

Investors: 21.50%

Foundation: 18.65%

Community: 17.87%

Team: 15.00%

Marketing & Partnership: 9.13%

Airdrop and Incentives: 7.86%

Liquidity: 6.00%

Ecosystem & Treasury: 4.00%

Token release schedule

The project's roadmap for the present and future of StakeStone

Currently, StakeStone is focusing on expanding the multi-chain ecosystem by integrating additional new L1/L2 such as Monad and Blast, while developing LiquidityPad to launch more liquidity vaults for AI and RWA projects. In the near future, the project will implement restaking for STONE/SBTC on EigenLayer and Babylon, while upgrading the on-chain governance mechanism so that veSTO holders can directly vote on important proposals.

In the long term, StakeStone aims to build ZK Liquidity Vaults to secure transactions, issue stablecoin backed by STONE, and develop a fully integrated DeFi Super App with staking, lending, and LP products. The ultimate goal is to turn STO into a base asset in the multi-chain DeFi ecosystem.

Details about STO HODLer Airdrop

  • Token name: StakeStone (STO)

  • Total Genesis token supply: 1,000,000,000 STO

  • Maximum token supply: 1,000,000,000 STO

  • HODLer Airdrop token reward: 15,000,000 STO (1.5% of total maximum token supply)

    • An additional 15,000,000 STO will be allocated to other marketing campaigns (in batches) 3 months after listing on the spot. Details will be displayed in a separate announcement.

  • Circulating supply upon listing on Binance: 225,333,333 STO (22.53% of maximum token supply)

What are Binance's HODLer Airdrops?

Binance's HODLer Airdrop rewards will be retroactive for BNB holders based on historical snapshots of their BNB balances in flexible or locked Simple Earn products. Those who subscribe to Simple Earn are automatically eligible to receive token rewards without any further action.

Benefits of HODLer Airdrops:

  1. Passive rewards: Earn tokens based on the amount of BNB held in the past without needing to actively participate.

  2. Multi-reward eligibility: Eligible for Launchpool, Megadrop, and HODLer Airdrops at the same time.

  3. Convenient: Snapshots are taken every hour, ensuring fair distribution.

How to participate in future HODLer Airdrops

  1. Go to the [EARN] section on Binance.

  2. Search for BNB and register for flexible or locked Simple Earn products.

  3. Binance will use historical snapshots of users' balances to calculate rewards, which will be distributed to eligible Spot Wallets within 24 hours after the airdrop announcement.

Summary

StakeStone has established itself as the leading multi-chain liquidity platform in DeFi with groundbreaking solutions like STONE (yielding ETH), SBTC (BTC liquidity), and LiquidityPad. Thanks to flexible infrastructure, the project not only addresses the issue of fragmented liquidity but also opens up multi-chain yield farming opportunities for users.

However, attention must be paid to the volatility of the token, especially when the project is newly deployed and developed. The value of the token can be significantly influenced by the market and external factors.

For any new project, taking the time to thoroughly research and understand is extremely important. Trading Insight will always provide complete information and knowledge to help you gain a more comprehensive view of the market, both currently and in the future. Don't forget to follow and interact with Trading Insight to update the latest information!


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