StakeStone, a liquidity infrastructure invested in by organizations such as Binance Labs and OKX Ventures, announced today the launch of the 'Berachain Vault', which allows users to deposit assets such as ETH and STONE (StakeStone ETH) to earn a range of rewards, including rewards from Berachain and its ecological protocols (via Boyco), airdrop rewards of the StakeStone token STO (approximately 0.45% of total supply), staking and re-staking incentives, as well as future earnings from Berachain's Proof of Liquidity (PoL).
Users only need to enter the Berachain Vault webpage, connect to the Ethereum mainnet, and deposit assets such as ETH and STONE into the Berachain Vault to exchange for StakeStone Berachain's vault tokens – beraSTONE/beraSBTC (not yet open), in order to earn Bera-Wave points and other rewards from the Berachain ecosystem, and all rewards will be distributed based on the user's holding or use of beraSTONE/beraSBTC.
In addition, using beraSTONE or beraSBTC in DeFi can accelerate point acquisition. For example, providing liquidity in Uniswap can earn 5 times the points, and setting the price range within ±0.1% can earn 6 times the points. For detailed point calculation methods, please refer to this official article. However, it is important to emphasize that currently, the vault is only open for deposits and not for redemptions. If you want to cash out beraSTONE, you must do so through a decentralized exchange (DEX) or over-the-counter trading.
It is worth mentioning that investing in 10,000 participants (depositing ≥ 0.042 ETH or ≥ 0.0015 BTC) can also earn a reward of 150 STO. Additionally, using the referral code 2A30E can earn an extra 10% in points.
Source
