StakeStone Unveils Revolutionary Protocol for Asset Staking and Liquid Distribution

Propelled by innovation, StakeStone, a trailblazing liquidity infrastructure protocol, introduces a paradigm shift in the DeFi realm. As a pioneer in its arena, StakeStone has made substantial advancements by facilitating the staking of assets on secure underlying assets, minting yield-bearing assets, and redistributing liquidity across multiple chains and protocols. Its remarkable minting volume surpassing 340,000 has solidified StakeStone's presence as a vanguard in forging an omnichain liquidity distribution network that seamlessly integrates application and consensus layers.

StakeStone Unveils Revolutionary Protocol for Staking Assets and Liquidating Distribution

In a significant development within the decentralized finance (DeFi) industry, StakeStone, a pioneering liquidity infrastructure protocol, has introduced a groundbreaking approach to staking assets and distributing liquidity.

As a trailblazer in its field, StakeStone has made notable progress within the DeFi space by focusing on the following key areas:

• Staking assets on risk-free underlying assets beyond the consensus layer
• Minting yield-bearing assets such as yield-bearing ETH and STONE ETH
• Redistributing liquidity across diverse chains and protocols

With a total minting volume exceeding 340,000, StakeStone is at the forefront of establishing an omnichain liquidity distribution network that continuously evolves through the integration of application and consensus layers.

Unique Value Proposition

StakeStone's unparalleled competitive advantage stems from its innovative architecture, which supports multiple staking underlying assets, including ETH PoS staking and Eigenlayer restaking. Designed to ensure scalability and compatibility with emerging staking asset types, StakeStone's Optimizing Portfolio and Allocation Proposal (OPAP) mechanism guarantees transparency and optimized yields for STONE holders.

This positioning establishes StakeStone as a leader in providing decentralized liquid staking solutions. Moreover, its role as an application layer liquidity marketplace addresses the rising demand for liquidity in the multi-chain era, creating a dynamic marketplace for liquidity providers and consumers.

Omnichain Carnival: A Community-Centric Extravaganza

StakeStone is thrilled to announce the launch of its Omnichain Carnival series campaign, which encompasses multiple waves distributing 6.5%+ of StakeStone's total supply as rewards for diverse STONE use cases.

Wave One: Lock STONE, Refer, and Earn

In the inaugural wave, participants will earn rewards proportional to the amount of STONE they lock, with distributions aligned with their participation levels. Additionally, each participant receives an invitation code, enabling them to refer others and earn a 25% commission for each new joiner.

A minimum deposit of 0.25 ETH is required, and participants will gain a 5% boost in Wave Two, accelerating their point accumulation to 105%. Early access for Omnichain Carnival Wave One commenced on March 27, 2024, and will span four days, offering an additional 15% boost for those who activate their accounts during this period. Once deposits commence, participants can contribute STONE to participate and share 3% of StakeStone's total supply.

Wave Two: Stack Your Rewards as You Utilize STONE Across Ecosystems

In collaboration with prominent liquidity demand entities, the second wave incentivizes users to engage in various activities within public chain ecosystems using STONE. StakeStone is partnering with over ten chains, ecosystems, and protocols to provide more use cases for STONE and enhance capital efficiency for both liquidity providers and consumers.

The prize pool for this wave comprises 2% of the total supply, and the allocation amount is determined by each user's contribution of STONE tokens. Activities contributing to this allocation include liquidity provision in partner DEXes, bridging on public chains, and the duration of their participation.

Similar to Wave One, participants are provided with an invitation code to invite others to join the activity, with inviters benefiting from a 25% commission reward. Furthermore, users who have already participated in Wave One are entitled to an additional 5% bonus in points for their involvement in Wave Two.

Wave Three: Get Boosted Rewards for Manta's Renew Paradigm

In mid-March, the Manta Network introduced Renew Paradigm, a comprehensive initiative empowering users to engage with over ten DeFi protocols using STONE, lock STONE liquidity pool (LP) tokens, and share in a reward pool comprising 3% of the total supply from each protocol, in addition to receiving 3,000,000 MANTA tokens. Through the third wave, StakeStone offers an additional incentive on top of the rewards already provided by Manta Network.

Wave Four: Accumulate Loyalty Rewards and Redeem Rewards

Wave Four introduces the StakeStone loyalty points system, which retrospectively rewards past participants, including those involved in the Manta New Paradigm, Merlin Seal, B2 Buzz, and holders of StakeStone's G-NFT. All previous participants of these campaigns will be allocated 0.35% of the total STONE supply, while SLD holders will receive 0.15% of the total STONE supply.

Commitment to Innovation

StakeStone is exhilarated to initiate its Omnichain Carnival through a series of meticulously designed initiatives. This four-part campaign not only offers substantial rewards but also aims to cultivate a vibrant community where active participation and collaboration foster mutual growth and advanced liquidity solutions.

For further information on the StakeStone Omnichain Carnival, please visit their website.

About StakeStone

StakeStone is a leading liquidity infrastructure protocol specializing in the following:

• Staking assets on risk-free underlying assets beyond the consensus layer
• Minting yield-bearing assets
• Redistributing liquidity across chains and protocols

With its groundbreaking architecture and commitment to transparency and optimized yields, StakeStone is dedicated to propelling the DeFi space forward by fostering the creation of assets like yield-bearing ETH and STONE ETH and establishing new standards for liquid assets.

StakeStone's relentless pursuit of transparency and maximized yields drives the evolution of liquid assets, cultivating a dynamic, ever-expanding omnichain liquidity distribution network.