The full-chain LST liquidity protocol StakeStone, which has been simultaneously invested in by the two major exchanges Binance and OKX, announced the launch of the 'Berachain Vault' event. Users can earn multiple rewards by depositing assets such as ETH and STONE. (Background: StakeStone collaborates with Native to create a new era of liquidity) (Context: How does StakeStone expand into the BTC ecosystem?) In March of this year, StakeStone, a full-chain LST liquidity protocol that received investments from the two major exchanges Binance (Binance Labs) and OKX (OKX Ventures), announced the launch of the 'Berachain Vault' event on the social platform X last night (25th). Users can earn rewards including the airdrop of StakeStone tokens (STO), staking and re-staking rewards, rewards from Berachain and its ecological protocols, as well as future earnings from Berachain liquidity proofs. This is LIVE! StakeStone's Berachain Vault: Your Gateway to Early Engagement with @berachain! Featuring #beraSTONE & the upcoming #beraSBTC, it's your early pass to dominate the #Berachain ecosystem: https://t.co/pZ6m3KShqG Read more below pic.twitter.com/fL2phYuS4m — StakeStone (@Stake_Stone) December 25, 2024 One-time participation in multiple TGEs Subsequently, on-chain data analyst Ai also posted a summary of the event launched by StakeStone, stating that this is a great opportunity to participate in multiple TGE projects at once, which could be a major event: What could be more exciting than participating in a project that is about to TGE? It is participating in multiple at once. The StakeStone x Berachain joint event feels like a big opportunity, to keep it short: The low threshold for participation is 0.042 ETH. The first 10,000 staking addresses can additionally receive 150 STONE, and there are currently double points in this phase. The projects are about to TGE (Token Generation), with no waiting period. How to participate in the event? As for how to participate in this event: Log in to the staking website. Deposit ETH, STONE, WETH; the BTC channel has not yet opened (the first 10,000 addresses are already full). It should be noted that fund redemption will only be available after the second phase of Boyco ends, and the timing for this has not yet been confirmed. Berachain Vault Event Booms Shortly after the event announcement was released, StakeStone officially stated that over 10,000 addresses participated within 2.5 hours, receiving over $30 million in deposits, with gas fees reaching the highest on the network, indicating user enthusiasm. However, we also remind users that StakeStone is still a relatively new project, so please assess the risks carefully before participating. 10,000+ beraSTONE holders milestone achieved through StakeStone @berachain Vault within 2.5 hours! We are still early https://t.co/pZ6m3KShqG#berachain #beraSTONE pic.twitter.com/cvfOlwUBtl — StakeStone (@Stake_Stone) December 25, 2024 What is StakeStone? StakeStone is a full-chain LST liquidity protocol aimed at bringing native staking yields and liquidity to Layer2 networks in a decentralized manner. Specifically, users only need to deposit ETH into the protocol to receive STONE tokens. As the protocol's income increases, the value of STONE tokens will rise, and STONE tokens can also serve as equivalent assets to ETH, used in various DeFi and GameFi fields. In March of this year, both Binance and OKX announced their investments in the StakeStone protocol. Although the investment amounts were not disclosed, many investors believe this will be a positive signal for StakeStone's listing on top exchanges in the future. According to DeFiLlama data, StakeStone currently has a TVL of $476 million.

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