The 'StakeStone' (STO) coin, which was recently listed on the Binance platform as part of the HODLer Airdrops program. I will provide a detailed explanation of the project, total supply, trading volume, and the coin's potential on the Binance platform based on the available information.
1. Explanation of the StakeStone (STO) project:
StakeStone is an Omnichain Liquidity Infrastructure Protocol aiming to redefine how liquidity flows across different blockchain networks. The core idea of the project is to provide a liquidity infrastructure that enables assets to operate efficiently across multiple networks in the Web3 world. The project focuses on:
• Smart liquidity distribution: Allows users to leverage their assets across networks like BNB Chain and Ethereum, enhancing efficiency and reducing costs.
• Cross-chain integration: Supports interaction between different blockchain networks, making it suitable for decentralized finance (DeFi) applications and the metaverse.
• Enhancing asset efficiency: Helps users achieve better returns by optimizing asset use in multi-chain environments.
The project is considered part of the new generation of DeFi protocols that aim to enhance user experience through speed, security, and cross-network integration.
2. Total supply and trading volume:
• Total supply: According to available information, the total supply of STO is 1 billion coins.
• Initial distribution: 15 million STO coins (1.5% of the total supply) were distributed as part of an Airdrop to Binance users who subscribed to Simple Earn or On-Chain Yields products between April 27 and 29, 2025. Additionally, 15 million more coins will be distributed through marketing campaigns over the next three months.
• Trading volume: After the coin was listed on Binance on May 2, 2025, daily trading volume exceeded $45 million, with the coin's price rising by more than 25% within 24 hours, reaching a peak of $0.211.
• Current price: The live price of the coin is not precisely defined in the available sources, but it can be checked directly on the Binance platform, where prices are updated in real-time.
3. The coin's potential on the Binance platform:
The StakeStone (STO) coin is supported on Binance in several ways, enhancing its potential:
• Trading listing: STO officially began trading on Binance on May 2, 2025, at 16:00 UTC (7:00 PM Mecca time). Available trading pairs include:
◦ STO/USDT
◦ STO/USDC
◦ STO/BNB
◦ STO/FDUSD
◦ STO/TRY
• Airdrop for holders: Binance users who hold BNB in Simple Earn or On-Chain Yields products can receive free distributions of STO, encouraging holding the coin and increasing demand.
• Binance Alpha Market: The coin was available on the Binance Alpha Market before its official listing, indicating it received early interest from investors. After official trading began, it was removed from the Alpha Market.
• Supported networks: STO supports both BNB Chain and Ethereum networks, allowing users to interact with the coin across these two major networks, with the potential to expand to other networks in the future.
• Low fees and high security: Binance offers low trading fees (up to 0.1% for Makers and 0.15% for Takers on trading pairs), with high security standards such as ISO 27001 and ISO 27701 certificates, making the trading of STO safe and cost-effective.
4. Additional notes:
• Risks: Like all cryptocurrencies, trading STO involves high risks due to price volatility. Investors are advised to do their own research before investing.
• Competitiveness: Although StakeStone is not among the strongest projects in the DeFi space (according to some opinions on X), its listing on Binance and support for multiple networks gives it a potential competitive edge.
• Forecast: As the distribution of coins continues through marketing campaigns and the project's expansion in supporting additional networks, STO may experience an increase in adoption and value, especially if it continues to attract Binance users.
5. How to benefit from STO on Binance:
• Buying/Selling: Users can trade STO through the mentioned pairs using the simple or advanced Binance interface.
• Airdrop: Subscribing to Binance products like Simple Earn using BNB may qualify you for free distributions.
• Storage: STO can be stored in a Binance wallet or external wallets that support the BNB Chain or Ethereum networks, such as Trust Wallet.
Summary:
StakeStone (STO) is a promising project in the cross-chain liquidity space, with a total supply of one billion coins and strong trading volume following its listing on Binance. Its capabilities on the platform include flexible trading across multiple pairs, Airdrop opportunities, and support for two major networks. However, investors should exercise caution due to the risks associated with cryptocurrency market volatility.
If you need more details or assistance on how to trade STO on Binance, please let me know!