Binance has announced the listing of StakeStone (STO), a liquid staking protocol token, on its spot trading platform.
- Token Details:
- Token Name: StakeStone (STO)
- Genesis Token Supply: 1 billion
- Circulating Supply at Listing: 225,333,333 STO
- Listing Structure:
- Trading Pairs: STO/USDT, STO/USDC, STO/BNB, STO/FDUSD, and STO/TRY
- Trading Start Time: May 2, 16:00 UTC
- Airdrop Details:
- Airdrop Allocation: 15,000,000 STO (1.5% of max supply)
- Eligibility: Users who subscribed BNB to Simple Earn (Flexible and/or Locked) and On-Chain Yield products between April 27 and April 29, 2025
- Distribution: Expected to occur at least one hour before spot trading opens
- Airdrop Mechanics:
- Snapshots: Captured multiple times per hour to compute users' average balances
- BNB Holding Hard Cap: Individual user participation limited to 4% of the total eligible BNB holding pool
- Additional Information:
- Marketing Campaigns: 15 million STO tokens reserved for marketing campaigns starting three months post-listing
- Blockchain Networks: BNB Smart Chain and Ethereum
- Contract Addresses: BNB Chain Contract: 0xdAf1695c41327b61B9b9965Ac6A5843A3198cf07, Ethereum Contract: 0x1D88713b483A8E45cfF0e5CD7c2e15E5Fab4534d
