Stakestone (STO) - Binance HODLer Airdrop Project No. 17
Project Introduction:
$STO is a blockchain protocol focused on cross-chain liquidity distribution, aiming to integrate multi-chain staking assets through technological innovation to provide liquidity support for emerging public chains. Its core goal is to become the 'liquidity infrastructure' connecting mainstream chains like Ethereum with emerging ecosystems. By utilizing a modular architecture and organic liquidity generation mechanism, it enhances capital efficiency. It falls within the domain of cross-chain liquidity management and staking derivatives, aligning with three major tracks: LRT, BTC-Fi, and cross-chain bridges, emphasizing seamless circulation of assets across chains.
Project Operation and Technical Highlights: TVL $580 million:
Full-chain interoperability: Utilizing LayerZero technology to achieve seamless transfer of cross-chain assets (such as STONE, SBTC, STONEBTC) across 20+ chains including Ethereum, BNB Chain, Linea, Mantle, Sei, etc.
Dynamic staking and yield optimization: The STONE token represents earning ETH, aggregating multi-chain ETH liquidity, and dynamically optimizing yield strategies. SBTC/STONEBTC (full-chain BTC and earning BTC): A unified BTC liquidity pool to activate the DeFi value of BTC.
Modular and scalable architecture: The modular design ensures stability in the value of user assets while allowing for seamless upgrades of the protocol, compatible with DeFi protocols, payment systems, and CEX collateral scenarios.
LiquidityPad Innovation Platform: A full-chain liquidity management platform that supports users in depositing ETH, BTC derivatives, or stablecoins into emerging chain vaults to obtain LP tokens and dual yields (Ethereum + new chain DeFi), facilitating capital flow between Ethereum and emerging chains, achieving two-way value capture. It has established deep cooperation with ecosystems like Plume (raising $10 million) and Story Protocol, providing initial on-chain liquidity for them.
$STO Token Functions:
Governance: $STO holders can lock tokens to obtain governance rights as veSTO and participate in key decisions of the StakeStone protocol;
Liquidity incentives: $STO is used to reward users for participating in liquidity provision, staking, and cross-chain activities in StakeStone. For example, on the LiquidityPad platform, users receive LP tokens and $STO rewards by depositing assets (such as ETH, BTC derivatives). Through events like Omnichain Carnival, $STO is used as an airdrop reward to incentivize early adopters and loyal users.
Fee Payment (https://t.co/VKF8gz3EwM): Coming soon. $STO can be used to pay for cross-chain transaction fees or service fees within the StakeStone ecosystem, simplifying multi-chain operations through https://t.co/VKF8gz3EwM.
veSTO: Dividend Token
By locking STO (similar to a fixed deposit), users can exchange for veSTO. Holding veSTO automatically grants three privileges: more voting power to decide which pool receives STO rewards; more holding benefits, where veSTO holders' earnings double when earning interest; more opportunities to receive bonuses, as other projects may offer 'bribes' (like direct ETH distribution) to attract funds. The veSTO mechanism binds users to long-term benefits of the protocol, reducing short-term speculation.
veSTO has a 30-day unlocking period.
Token Economics:
Maximum total supply of 1 billion tokens, distributed as follows:
Investors: 21.5%
Foundation: 18.65%
Community: 17.87%
Team: 15%
Marketing: 9.13%
Airdrop and future incentives: 7.85%
Liquidity: 6%
Ecosystem: 4%
The circulating supply at the time of Binance listing is 22.53%, or 225 million tokens:
Airdrop and incentives (including Binance HODLer 1.5%): 7.4 million tokens;
Liquidity: 6 million tokens;
Marketing: 9.1 million tokens.
Team and Investors:
The project was established in 2023 in Singapore. Core members include co-founder Charles K (technical background), CSO Rose Li (finance and compliance), CMO Ivan K (marketing), with a technical team experienced in DeFi and cross-chain development.
On March 25, 2024, the seed round, fundraising amount not disclosed.
On November 11, 2024, Series A financing of $22 million, with a valuation of $200 million.
On April 22, 2025, fundraising amount not disclosed.
Project Roadmap:
First Quarter 2025
Launch LiquidityPad, redefining the future of full-chain liquidity, allowing users to unlock alpha and earn token rewards by contributing liquidity to various cross-chain applications and ecosystems.
Second Quarter 2025
Collaborate with Monad and WLFI to provide StakeStone's full-chain liquidity solutions, establishing strategic partnerships with pioneers in the blockchain ecosystem and launching a StakeStone governance DAO supported by a voting escrow token (veToken) model with functions such as conversion, locking, voting, exchanging, and burning, to develop AI-driven innovative crypto payment products for various economies.
Third Quarter 2025
Restructure the STONEBTC product through CeDeFi and RWA integration to better support sustainable and optimized yields, fully launch a feature-rich payment application ('Pebbles'), fully supporting EIP-7702, providing smart savings for stable earnings, tailored AI-driven financial analysis for various economies.
Fourth Quarter 2025
Expand full-chain liquidity services to a broader range of RWA and high-performance chains, developing advanced AI-driven financial solutions tailored to users in various economies for payment applications, providing an unprecedented smart account experience.
