The market has improved in the last few days, and the coins in hand have also risen significantly, among which the performance of $STO is particularly outstanding. In a generally sluggish market, its price doubled against the trend, rising from a low of 0.052 USD to a high of about 0.12 USD, which is incredibly satisfying. It is worth noting that crypto giant @animocabrands recently announced its investment in StakeStone, which expands the project's application scenarios and narrative space. Next, let's take a deeper look at#StakeStone .
StakeStone is a full-chain liquidity infrastructure protocol dedicated to solving the problem of liquidity fragmentation in the blockchain world. In the current multi-chain parallel Web3 ecosystem, different blockchains are like islands, making it difficult for assets and liquidity to circulate freely. StakeStone builds a decentralized full-chain liquidity infrastructure, similar to building a 'super highway' for the Web3 world, allowing assets like ETH and BTC to flow freely across more than 20 chains and over 100 protocols, while helping users optimize asset returns. @Stake_Stone
The core product design of the project is highly innovative:
1. STONE: As an earning ETH product, users can maintain asset liquidity after depositing ETH while earning interest returns more than 30% higher than typical staking.
2. SBTC/STONEBTC: Covering earning BTC and index-based BTC, meeting diverse investment needs from leveraged hedging to holding coins for earnings.
3. LiquidityPad: Provides project parties with a convenient tool for acquiring liquidity at low cost, while retail investors can also share profits by participating in IDOs and other means.
From the actual data of the project, its liquidity distribution capability is significant: providing over 90% of the TVL for Manta, injecting more than 80% of active liquidity for Scroll, and bringing over 2 billion USD in TVL for Berachain. Currently, StakeStone's total locked value (TVL) reaches 1.3 billion USD, with over 330,000 real active users and more than 476 million transaction records. These data perform remarkably in the DeFi field, far exceeding most similar projects.
In terms of financing, StakeStone completed its first round of financing on March 25, 2024, led by renowned institutions such as Binance Labs, OKX Ventures, and Skyland Ventures. The recent addition of Animoca Brands has injected new momentum into the project. As a crypto giant valued at over ten billion, Animoca Brands' investment not only brings financial support but also expands StakeStone's application scenarios from traditional DeFi to culture, gaming, and real-world assets (RWA).
1. RWA and IP assets: Promoting the on-chain integration of traditional assets such as real estate and intellectual property, activating their liquidity value in DeFi and emerging token economies.
2. Web3 consumer economy: Using STONE and STONEBTC as foundational components to build a richer user ecosystem and enhance user engagement and experience.
3. Cultural IP integration: By developing vaults and DeFi products, integrating cultural IP such as movies and games with on-chain reward mechanisms, exploring innovative scenarios of 'finance + culture'.
As a project with a TVL reaching 1.3 billion USD and a last round valuation of 150 million USD, the TGE day coincided with the Trump tariff war, giving retail investors a very good opportunity. The current circulating market value of #STO is around 23 million USD, with a total market value of 104 million USD. With Animoca's backing in IP and ecological resources, in the future, whether in DeFi, GameFi, or real asset on-chain, its infrastructure will be necessary. These institutions have a unique vision for investment projects; those they favor often have huge development potential. It has not yet launched on Binance, but it is recommended to trade on PanCake, which has lower transaction fees, and there is still a very large opportunity to be listed on the top three exchanges in the world.
From the perspective of industry development trends, the continued development of the Web3 ecosystem relies on the support of liquidity infrastructure. As long as DeFi and multi-chain narratives continue to advance, the demand for StakeStone as a liquidity infrastructure provider will remain stable. Although the current price of $STO is still relatively low, its technical strength, data performance, and ecological expansion potential are worth paying attention to. Can it become the next SUI? Let's look forward to it together.
