What is StakeStone
StakeStone is an all-chain liquidity infrastructure focused on providing decentralized protocols for liquidity and yield optimization for Ethereum and Bitcoin. Unlike traditional PoS staking pools or re-staking protocols, StakeStone has launched STONE (a liquidity derivative of ETH), SBTC (a tokenized version of BTC for all-chain liquidity), and STONEBTC (a yield-bearing liquidity asset based on BTC) through its innovative dynamic staking network. The project aims to address the issues of fragmented asset liquidity, poor user experience, and high opportunity costs in the blockchain ecosystem, providing users with cross-chain, seamless liquidity solutions and diversified earning opportunities.
Core Highlights
All-Chain Liquidity Solutions
StakeStone achieves seamless flow of STONE and SBTC across multiple blockchains (such as Ethereum, Mantle, Base, BNB Chain, etc.) through cross-chain technologies like LayerZero, breaking the barriers of fragmented liquidity. Its non-custodial design and PMM lending pool technology allow users to withdraw funds at any time on any chain without a lock-in period, providing high flexibility.
Innovative Liquidity Assets
STONE: A non-rebase ETH liquidity token that represents staked ETH, which users can use in the DeFi ecosystem for trading, stablecoin minting, lending, and other scenarios, while earning staking rewards.
SBTC: A tokenized version of BTC, focused on all-chain liquidity, enhancing the usability of BTC in cross-chain environments.
STONEBTC: A yield-bearing BTC derivative that combines DeFi, CeDeFi, and RWA (Real World Assets) strategies to provide sustainable income sources for BTC holders.
Transparency and Security
StakeStone adopts a non-custodial model similar to MakerDAO, where all staking activities are completely transparent on-chain, allowing users to clearly understand the usage and management of assets. The platform has been reviewed by several top security auditing firms to ensure the robustness of the protocol.
Ecosystem Integration and Scalability
StakeStone has established deep integrations with Ethereum mainnet, LayerZero, Mantle, Base, BNB Chain, and plans to expand into fields such as AI, GameFi, and payments. Its OPAP (Optimized Portfolio and Allocation Proposal) mechanism allows the community to propose and vote on new yield strategies to optimize asset allocation.
Core Features of STONE
Liquidity Representation: STONE is the tokenized form of staked ETH, which can be used in the DeFi ecosystem for trading, lending, stablecoin minting, etc., while retaining staking rewards.
Cross-chain Compatibility: Through cross-chain technologies like LayerZero, STONE can seamlessly circulate across multiple blockchains such as Ethereum, Mantle, Base, and BNB Chain.
Earning Potential: STONE holders can earn additional rewards through staking, providing LP, or locking.
Financing
Since its establishment, StakeStone has raised over $22 million through multiple rounds of strategic financing, attracting support from numerous top crypto funds, including:
Binance Labs: Invested twice in the past year, demonstrating strong confidence in its potential.
Polychain Capital, HashKey Capital, OKX Ventures, Nomad Capital, Amber Group, SevenX Ventures, Bankless Ventures, Symbolic Capital, and others.
On November 11, 2024, StakeStone announced the completion of a strategic funding round led by Polychain, Nomad Capital, and others, further consolidating its position in the all-chain liquidity space.
Future Prospects
Ecosystem Expansion
StakeStone plans to further integrate emerging fields such as AI, GameFi, and payment systems, and connect more Layer 2 networks (like Linea, Mantle, ZkSync, Base, Arbitrum) to enhance liquidity distribution capabilities.
Re-staking and BTC Staking
StakeStone is prepared for future re-staking capabilities and plans to expand BTC staking functions, enhancing BTC's usability in the DeFi ecosystem through STONEBTC and SBTC.
Development of LiquidityPad
LiquidityPad will continue to optimize cross-chain liquidity fundraising solutions, attracting more projects to join its ecosystem and providing users with more earning opportunities.
Token Economics and Community Governance
StakeStone's veSTO model and token burn mechanism will incentivize long-term holding and community participation. If the governance token STO can be successfully launched and airdropped to reward active users (similar to the current points farming activities), it is expected to further enhance user stickiness and token value.
Summary
StakeStone is an innovative and forward-looking all-chain liquidity infrastructure that provides users with cross-chain liquidity and diversified earning opportunities through assets like STONE, SBTC, and STONEBTC. Its core highlights include all-chain compatibility, transparent non-custodial design, the innovation of LiquidityPad, and strong ecosystem integration capabilities. The project has secured top fund support through $22 million in financing, showcasing its enormous potential in the DeFi and LSDFi (Liquidity Staking Derivative Finance) sectors.
