Binance HODLer Airdrop 17th Project - Stakestone (STO) Binance launched spot trading pairs in the early morning of May 3rd, with an upper limit of 0.0956. It reached a maximum of around 0.213 and then began to pull back. It has been trading sideways at the bottom of the 4-hour level for 2 days. Those who like to play with new coins can pay attention to the bottom of this sideways zone. If it does not fall below, it will still go up. The first pressure level is the top of the sideways zone near 0.18. If it goes up again, it will be the previous high position. Now let’s learn about this project together:
Project Introduction：
$STO is a blockchain protocol focused on full-chain liquidity distribution, aiming to integrate multi-chain pledged assets through technological innovation and provide liquidity support for emerging public chains. Its core goal is to become a "liquidity infrastructure" connecting mainstream chains such as Ethereum with emerging ecosystems. It improves capital efficiency through modular architecture and organic liquidity generation mechanism. It belongs to the field of cross-chain liquidity management and pledge derivatives, which is equivalent to benchmarking LRT, BTC-Fi, and cross-chain bridges at the same time, emphasizing the seamless circulation of full-chain assets.
Project operation and technical highlights:
Full-chain interoperability: Leveraging LayerZero technology, seamless transfer of cross-chain assets (such as STONE, SBTC, STONEBTC) on 20+ chains including Ethereum, BNB Chain, Linea, Mantle, Sei, etc.
Dynamic staking and yield optimization: STONE tokens represent interest-bearing ETH, aggregate multi-chain ETH liquidity, and dynamically optimize yield strategies. SBTC/STONEBTC (full-chain BTC and interest-bearing BTC): Unify the BTC liquidity pool and activate the DeFi value of BTC.
Modular and scalable architecture: The modular design ensures the stability of the value of user assets, while the protocol can be seamlessly upgraded and is compatible with DeFi protocols, payment systems, and CEX collateral scenarios.
LiquidityPad Innovation Platform: A full-chain liquidity management platform that supports users to deposit ETH, BTC derivatives or stablecoins into the emerging chain vault to obtain LP tokens and double returns (Ethereum + New Chain DeFi), open up the flow of funds between Ethereum and emerging chains, and achieve two-way value capture. It has reached in-depth cooperation with Plume (financing 10 million) and Story Protocol and other ecosystems to provide them with initial on-chain liquidity.
$STO Token Function:
Governance: $STO holders can obtain governance rights by locking tokens for veSTO and participate in key decisions of the StakeStone protocol;
Liquidity incentives: $STO is used to reward users for participating in StakeStone's liquidity provision, staking, and cross-chain activities. For example, in the LiquidityPad platform, users receive LP tokens and $STO rewards by depositing assets (such as ETH, BTC derivatives). Through activities such as Omnichain Carnival, $STO is used as an airdrop reward to incentivize early adopters and loyal users.
Fee Payment: Coming soon. $STO can be used to pay for cross-chain transaction fees or service fees within the StakeStone ecosystem, simplifying multi-chain operations through the https://t.co/VKF8gz3EwM function.
veSTO: Dividend Tokens
By locking STO (similar to a fixed deposit), it is exchanged for veSTO. Owning veSTO will automatically have three privileges: more voting rights, which can decide which pool the STO rewards are sent to; more holding income, when the deposit earns interest, the income of veSTO holders doubles; more opportunities to receive red envelopes, other projects will give veSTO holders "bribes" (such as direct ETH distribution) in order to attract funds. Through the veSTO mechanism, users and protocols are bound to long-term benefits and short-term speculation is reduced. veSTO is set to unlock after 30 days.
The maximum total supply of tokens is 1 billion, including:
Investors account for 21.5%
Foundations account for 18.65%
Community accounts for 17.87%
Team accounts for 15%
Marketing accounts for 9.13%
Airdrops and future incentives account for 7.85%
Liquidity accounts for 6%
Ecology accounts for 4%
The circulating supply at Binance launch was 22.53%, or 225 million:
Airdrops and incentives (including 1.5% for Binance HODLers): 74 million tokens;
Liquidity: 60 million pieces;
Marketing: 91 million
Team and Investors:
The project was founded in Singapore in 2023. The core members include co-founder Charles K (technical background), CSO Rose Li (finance and compliance), CMO Ivan K (marketing), and the technical team has experience in DeFi and cross-chain development.
March 25, 2024, seed round, financing amount was not disclosed.
On November 11, 2024, the company raised US$22 million in Series A financing with a valuation of US$200 million.
As of April 22, 2025, the amount of financing was not disclosed.
The new currency has just been launched and has great uncertainty and risk. It is impossible to analyze the market trend from a technical perspective. You can wait for the market to stabilize and then choose the right time to enter the market.
The above is only a personal analysis and does not constitute an investment advice. The new currency has just been launched and has great uncertainty and risk. It is impossible to analyze the market trend through technical analysis. You can wait for the market to stabilize and enter the market at the right time! !
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