StakeStone (STO) is a cryptocurrency associated with a decentralized omnichain liquidity infrastructure protocol designed to optimize staking yields and enhance capital efficiency across multiple blockchain networks. Here's what we know about STO coin and its airdrop:
*What is StakeStone (STO)?*
- StakeStone is a protocol that provides liquid staking tokens (LSTs) like STONE (for Ethereum) and SBTC (for Bitcoin), allowing users to earn staking rewards while maintaining liquidity.
- The STO token is used for governance, enabling users to participate in decision-making and influence key protocol parameters.
*STO Coin Airdrop*
- Binance introduced StakeStone (STO) as its 17th HODLer Airdrops project, rewarding BNB holders with STO tokens.
- To qualify for the airdrop, users needed to subscribe to BNB Simple Earn products (Flexible or Locked) between April 27, 2025, 00:00 UTC and April 29, 2025, 23:59 UTC.
- 15,000,000 STO tokens (1.5% of the total supply) were allocated for the HODLer Airdrops, with additional tokens allocated for marketing campaigns ¹.
*Current Price and Market Info*
- The current price of StakeStone (STO) is $0.1936, with a 60.4% increase in the last 24 hours.
- The market capitalization of StakeStone is around $43.9 million, with a circulating supply of 225,333,333 STO tokens ² ³.
*Where to Buy STO Tokens*
- STO tokens can be traded on centralized crypto exchanges like Binance,
The StakeStone (STO) coin was launched to provide a decentralized omnichain liquidity infrastructure protocol, aiming to:
1. *Optimize staking yields*: Allowing users to maximize their staking rewards across multiple blockchain networks.
2. *Enhance capital efficiency*: Providing liquidity solutions for staked assets, enabling users to utilize their assets more efficiently.
3. *Governance*: The STO token enables users to participate in decision-making and influence key protocol parameters.
The launch of STO coin addresses the need for a more efficient and liquid staking solution, benefiting users and the broader blockchain ecosystem.
