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Binance Lists StakeStone (STO) and Offers Free Airdrops to BNB Holders
Binance, one of the world’s largest cryptocurrency exchanges, has officially listed a new token called StakeStone (STO). This is big news for crypto users, especially those who already hold BNB, Binance’s own coin.
What is StakeStone (STO)?
StakeStone is a project that focuses on Ethereum restaking and liquidity infrastructure. In simple terms, it helps people earn rewards from their staked ETH (Ethereum) while also allowing them to use those staked assets in other DeFi (decentralized finance) activities.
Airdrops for BNB Holders
To celebrate this new listing, Binance and StakeStone have launched a retroactive airdrop. This means that if you were holding BNB or participating in certain activities on the BNB Chain earlier, you might receive free STO tokens.
How to Qualify
Users can qualify for the airdrop by:
Staking BNB
Providing liquidity on PancakeSwap (a popular DeFi platform on BNB Chain)
Participating in other BNB Chain activities
A total of 1 million STO tokens will be distributed to eligible users.
Why It Matters
This move helps both projects grow:
StakeStone gets more exposure and new users.
BNB holders get rewarded for their loyalty.
Final Thoughts
If you’re already a BNB user, this is a great time to check your wallet—you might have some free STO tokens waiting. And if you’re new, this could be an exciting chance to get involved with two growing projects in the crypto world.
Binance, one of the world’s largest cryptocurrency exchanges, has officially listed a new token called StakeStone (STO). This is big news for crypto users, especially those who already hold BNB, Binance’s own coin.
What is StakeStone (STO)?
StakeStone is a project that focuses on Ethereum restaking and liquidity infrastructure. In simple terms, it helps people earn rewards from their staked ETH (Ethereum) while also allowing them to use those staked assets in other DeFi (decentralized finance) activities.
Airdrops for BNB Holders
To celebrate this new listing, Binance and StakeStone have launched a retroactive airdrop. This means that if you were holding BNB or participating in certain activities on the BNB Chain earlier, you might receive free STO tokens.
How to Qualify
Users can qualify for the airdrop by:
Staking BNB
Providing liquidity on PancakeSwap (a popular DeFi platform on BNB Chain)
Participating in other BNB Chain activities
A total of 1 million STO tokens will be distributed to eligible users.
Why It Matters
This move helps both projects grow:
StakeStone gets more exposure and new users.
BNB holders get rewarded for their loyalty.
Final Thoughts
If you’re already a BNB user, this is a great time to check your wallet—you might have some free STO tokens waiting. And if you’re new, this could be an exciting chance to get involved with two growing projects in the crypto world.
Meteora Proposes 25% MET Token Allocation for Liquidity Rewards and TGE Reserve
#DeFi #Solana #SOL
Image: Visualization of Meteora's proposed MET token allocation.
Meteora, a decentralized finance (DeFi) platform operating on the Solana blockchain, has proposed allocating 25% of its MET token supply toward liquidity incentives and a Token Generation Event (TGE) reserve.
Proposal Details
The proposal outlines two key allocations:
Liquidity Rewards Reserve (20%): Designed to incentivize liquidity providers over a two-year period post-TGE. This reserve aims to support init
Image: Visualization of Meteora's proposed MET token allocation.
Meteora, a decentralized finance (DeFi) platform operating on the Solana blockchain, has proposed allocating 25% of its MET token supply toward liquidity incentives and a Token Generation Event (TGE) reserve.
Proposal Details
The proposal outlines two key allocations:
Liquidity Rewards Reserve (20%): Designed to incentivize liquidity providers over a two-year period post-TGE. This reserve aims to support init
SUI Price Poised for Significant Surge as DeFi Assets and Funding Rate Rise
$SUI Sui (SUI) token is showing promising signs of a strong breakout as its price rises and key indicators point toward bullish momentum. Trading at $3.40 on Saturday, SUI has gained 94% since reaching its highest level in April.
$SUI Sui has emerged as one of the fastest-growing projects in the cryptocurrency space this year. The total assets locked in its decentralized exchange (DEX) network have surged by 40% over the past 30 days, reaching $2.45 billion. This growth has propelled Sui to become the 9th largest blockchain by market capitalization, surpassing major networks like Avalanche (AVAX), Polygon (POL), and Cardano.
Moreover, Sui's stablecoin market capitalization has reached $897 million, and it’s on track to exceed the $1 billion milestone soon. The growing number of stablecoins is a positive indicator of increased user interaction with the network.
DEX protocols on Sui are seeing increased user activity, with a total transaction volume of over $2.9 billion in the past week and $11.2 billion over the last 30 days. Leading platforms such as Cetus, Momentum, and Bluefin are capturing the largest market share.
Sui Price Analysis
The daily chart reveals that SUI has experienced significant upward momentum recently, rising from $1.73 on April 7 to $3.40 today. It is forming a bullish flag pattern, which typically signals a continuation of the current uptrend.
Sui is also witnessing the formation of a golden cross pattern, where the 50-day moving average is about to cross above the 200-day moving average. This pattern is typically associated with a strong bullish breakout.
As a result, SUI could be on the verge of a major price increase, with the next key resistance level to watch being its all-time high of $5.395, roughly 60% above its current price.
#SUI🔥 I #SuiNetwork
$SUI Sui (SUI) token is showing promising signs of a strong breakout as its price rises and key indicators point toward bullish momentum. Trading at $3.40 on Saturday, SUI has gained 94% since reaching its highest level in April.
$SUI Sui has emerged as one of the fastest-growing projects in the cryptocurrency space this year. The total assets locked in its decentralized exchange (DEX) network have surged by 40% over the past 30 days, reaching $2.45 billion. This growth has propelled Sui to become the 9th largest blockchain by market capitalization, surpassing major networks like Avalanche (AVAX), Polygon (POL), and Cardano.
Moreover, Sui's stablecoin market capitalization has reached $897 million, and it’s on track to exceed the $1 billion milestone soon. The growing number of stablecoins is a positive indicator of increased user interaction with the network.
DEX protocols on Sui are seeing increased user activity, with a total transaction volume of over $2.9 billion in the past week and $11.2 billion over the last 30 days. Leading platforms such as Cetus, Momentum, and Bluefin are capturing the largest market share.
Sui Price Analysis
The daily chart reveals that SUI has experienced significant upward momentum recently, rising from $1.73 on April 7 to $3.40 today. It is forming a bullish flag pattern, which typically signals a continuation of the current uptrend.
Sui is also witnessing the formation of a golden cross pattern, where the 50-day moving average is about to cross above the 200-day moving average. This pattern is typically associated with a strong bullish breakout.
As a result, SUI could be on the verge of a major price increase, with the next key resistance level to watch being its all-time high of $5.395, roughly 60% above its current price.
#SUI🔥 I #SuiNetwork
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