Binance Wallet has announced its eighth exclusive token generation event, featuring omnichain liquidity protocol StakeStone.

According to Binance Wallet’s Apr. 3 announcement on X, the event will take place from 08:00 AM to 08:30 AM UTC. Users can subscribe within this period to get a share of StakeStone’s tokens.

Binance Wallet is hosting its eighth exclusive token generation event (TGE), this time featuring omnichain liquidity protocol StakeStone.

According to Binance Wallet’s announcement on Tuesday, the event will take place from 8:00 AM to 8:30 AM (UTC).

Join #BinanceWallet 8th Exclusive Token Generation Event (TGE) with @Stake_Stone on @PancakeSwap.🗓️April 3, 08:00AM – 08:30AM(UTC) for subscriptions!🎁 10,000,000 $STO will be allocated to future marketing campaigns. More details will be announced separately.Ensure… pic.twitter.com/RuTm7fd9YO

StakeStone is a web3 project that aims to solve the decentralized finance liquidity fragmentation problem, where liquidity is spread out across many different blockchains. As a result, moving assets around becomes difficult and expensive.

Acting as an omnichain system that enables easy liquidity flow between blockchains, StakeStone provides a solution that improves efficiency for both users and protocols.

The two primary tokens used by the platform are STO (StakeStone Token) and veSTO (voting-escrowed STO). STO is an Omnichain Fungible Token built on LayerZero technology. It can be seamlessly transferred across different blockchains without burning and re-minting, enhancing its utility in multi-chain ecosystems. STO is the primary governance token in the StakeStone ecosystem.

On the other hand, veSTO is a derivative token obtained by locking STO for a fixed period. It is designed to reward long-term commitment and amplify governance influence. Holding veSTO enhances staking rewards and liquidity provision yields.

To take part in the TGE, users must set up and fund their Binance Wallet (Keyless). They can then access the Exclusive TGE Subscription Page after signing into their Binance account.

Once there, they can subscribe to the event by connecting their wallet and depositing Binance Coin (BNB). Users will be able to see how many STO tokens they have successfully subscribed to after the transaction has been confirmed.

Binance Wallet’s Exclusive TGEs, such as the one with StakeStone, are known for featuring promising and high-quality projects. Previously, Bedrock, Bubblemaps, MyShell, and Particle Network have all had their TGEs on Binance Wallet. However, before taking part in any TGE, users are advised to conduct their own research.