2024.03.27

Background of the project

Stake Stone is the world's first Omni-chain liquidity distribution network (Omni-chain liquidity Infrastructure), which is supported by ETH staking income, integrating mainstream staking pools, Re-Stake and LSD blue chip Defi strategy income (Pre POS + protocol + Dapp three types of income guarantees), and providing highly adaptable LSD liquidity for all protocols. Just as DAI prospers the Defi ecosystem through decentralized stablecoins, Stake Stone wants to build the most important liquidity delivery network for the continued prosperity of the crypto world by minting the most stable and powerful LSDb token (Stone), making it a full-chain liquidity token that can link multiple consensus layer staking and many public application layers. STONE holders can enjoy stable interest-bearing income while also cross-chaining their STONE to L2 to participate in the defi protocol to obtain further benefits.

Stake Stone has received investments from Binance Labs, OKX Ventures, Haskkey Capital and other institutions. It is worth noting that there are also some powerful independent investors who have invested, including CoinSummer (Shenyu's home office), Hashkey Cloud (under HashQuark - the largest mining pool in Asia), and the founders of the three most powerful protocols in the BTC ecosystem (Merlin Chain, B2 Network, Bouncebit).

Through the project vision and investor background of Stake Stone, we can see that their financing is very targeted:

As mining pool funds, CoinSummer and Hashkey Cloud hold a large number of interest-bearing assets, which can provide a large number of assets for staking for the entire project, creating a very high TVL. The three founders from the BTC ecosystem L2 can help Stake Stone promote its BTC-attributed STONE tokens on L2, and promote them on their own L2, attracting a large number of BTC users to pledge. Binance Labs and OKX Ventrues, as TOP3 exchanges, provide strong support for Stake Stone's subsequent listings. Maybe the first listing on CEX will be the king of Binance and OKX.

Too long to read

Simply put, users can regard Stake Stone as a liquidity token water company, providing safe and stable liquidity tokens (water sources), and can seamlessly help any public chain (new house) that needs water sources to access them. No matter how the pledge mechanism in the market changes in the future, Stake Stone can choose the best pledge plan, so that the user's pledged assets have good adaptability and maintain stable and reliable interest-bearing income.

As a full-chain liquidity distribution network, Stake Stone TVL is about 1.3 billion+ USD, and the number of users has exceeded 100,000. Currently, it has launched various activities with Manta Network, Merlin Chain, and B² Network, and will cooperate with 20+ L2/public chains in the future to ensure that Stone is the preferred ETH interest-bearing asset. It is worth mentioning that in the activities with Manta Newtwork, more than 80% of TVL was provided to Manta.

Why is it worth it?

Currently, Stake Stone has launched the Stake Stone Omni-chain Carnival airdrop event, which is divided into two rounds: airdrop round and ecological round. It is expected to allocate more than 6.5% of the total amount to the community. During the event, users can not only get high and stable ETH interest-bearing income, but also get Stake Stone's airdrops, partners' airdrops and some projects supporting STONE's airdrops, killing four birds with one stone!

Airdrop round (currently Wave 1, Wave 2 may be launched later): Users only need to lock up Stone until the end of May to participate in the Stake Stone points airdrop (3% of the total amount). Users who activate their accounts during the Early Access phase can receive a 15% bonus.

Ecological Wheel: Users can use the Stones they have obtained to interact with the ecological projects of their partners. In addition to the rewards of the project itself, they can also obtain Stake Stone points.

Currently, Manta Network has launched an ecological round activity. Participants can stake a total of 1% of the total Stone, 3,000,000 $Manta and 3% of the token supply of ecological projects, achieving the effect of killing two birds with one stone.

In the future, we will launch corresponding ecological discussion activities with public chains such as Merlin Chain, Scroll, Tranchess, Mode, B2 Network, Zircuit, Manta Renew Paradigm, Tusima, BOB Chain, zkLink, BNB chain, Astar zkEVM, Swell Chiain, Metis, Meter, etc.

Operation Tutorial

Pledge in exchange for Stone

We click on the official link: https://carnival.stakestone.io/r?code=B2DEE, and click Connect Wallet in the upper right corner to link the wallet.

After the connection is completed, we can click stake, enter the amount of ETH we want to stake on the stake page (currently STONE and ETH are exchanged at approximately 1:1), then click deposit, and wait for the transaction to be completed after the wallet confirms.

If you want to cancel the pledged ETH, just click Unstake to unstake it. The unstaking modes are divided into Request (unstake after waiting for a while) and Instant (pay the gas fee to unstake immediately), and you can choose according to your actual needs. After clicking Request Withdraw in Request mode, wait for a while and return to the page to claim. In Instant mode, just click Withdraw to pay gas to unlock.

Airdrop Wheel

First, click on the goose link:

https://carnival.stakestone.io/r?code=B2DEE Enter the Stake Stone early bird account registration page, connect your wallet, complete the signature, click Join, and enter the next interface

In the new pop-up page, we can find that there are three tasks we need to complete. The first task is to link to Twitter and follow the official Twitter account, the second task is to retweet, and the third task is to add a special mark to the Twitter name. (Currently, you only need to complete the first two tasks to jump to the account registration completion page)

Start with the first task. Click Connect Twitter to go to the Twitter account link page. On the pop-up page, click Authorize.

Then we go to the official Twitter page https://twitter.com/Stake_Stone and follow the official Twitter

That's it. Now it's time for the second task, retweet. Click Retweet first, complete the retweet on the pop-up page, then return to the page and click Verify to complete the task.

Then we completed the early bird account registration. Early bird accounts can enjoy 15% extra bonus points in subsequent activities. At present, the official has not yet stated when the early bird event will end, but I believe that the first group of friends who saw the article must have early bird accounts.

After the early bird event ends, Stake Stone will open our Wave One deposit. We only need to stake more than 0.25 Stone (those who don’t know how to redeem Stone can refer to the previous tutorial). The more STONE you stake and the more friends you invite, the more rewards you will get. You can send the invitation code on your page to other friends to get more rewards.

At the same time, because the airdrop is still in its early stages, the stone shares still need to be grabbed. We suggest that children divide their accounts and each person uses the minimum guarantee of 0.25 to swipe the airdrop and interact with multiple accounts. This is a clear airdrop to distribute tokens, don’t miss it! !

Ecology

Manta Network’s ecosystem can be found in official tweets and official documents:

https://twitter.com/Stake_Stone/status/1771356213865054419

https://medium.com/@official_42951/get-m-stone-points-in-manta-renew-paradigm-with-stone-7d33d8149008 Learn about and participate in different Manta ecosystem projects

Specific gameplay includes but is not limited to: staking Stone on Manta, building WETH-Stone LP, and depositing Stone to mint stablecoins.

Project Summary

Highly recommended, currently there is no cost, just move your fingers to complete the early bird account with 15% extra bonus. Regardless of whether you participate later or not, your account is already eligible for 15% more extra bonus than the late account.

The project has great potential. The subsequent project will launch STONE BTC based on the BTC ecosystem, providing another heavyweight liquidity asset in addition to ETH. I believe that STONE and STONE BTC will become the indispensable liquidity infrastructure of the two ecosystems.