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Newsletter๐ท๐๐๐๐๐๐๐: ETH
๐จ๐๐๐ ๐๐๐๏ผ Confirmed โ
๐ซ๐๐๐๐๐๐๐๐๐: ๐น๐๐๐๐ ๐๐ ๐๐๐ stakestone ๐๐๐๐๐๐๐๐ ๐ฟ ๐๐๐ ๐ ๐ ๐ ๐๐๐๐๐ ๐๐๐๐๐ ๐๐ ๐๐๐๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐๐ ๐๐ ๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐.
- 1. What is stakestone๏ผ
- 2. Step by step guide for stakestone airdrop.
- 3. What can I earn by participating in stakestone airdrop๏ผ
- 4. Video tutorial for stakestone airdrop.
- 5. Similar project recommendations.
- 6. Fundraising.
- 7. Latest Airdrops.
- 8. Hot Airdrops.
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StakeStone is a liquid staking derivative basket (LSDb) token backed by ETH staking yields. It integrates mainstream staking pools, Re-Stake, and LSD blue-chip DeFi strategy yields, providing protocols with a new type of highly adaptable staking yield liquidity. STONE is a liquid ETH token supported by an adaptive staking network, offering both compatibility and stability.
Core Concept of StakeStone
StakeStone is building a decentralized, all-in-one staking protocol, aiming to establish a cross-chain liquidity market for LSTs that connects Ethereum and other blockchains, addressing issues related to staking and liquidity. By introducing the OPAP (Optimized Portfolio and Allocation Proposal) mechanism, StakeStone has pioneered a decentralized liquid staking solution. When users deposit ETH into the protocol, they receive STONE tokens, which will appreciate in value (relative to ETH) as the protocol generates more revenue. STONE, as an equivalent to ETH, can be used in various DeFi, GameFi, and NFTfi applications.
LayerZero and Layer 2 Advantages
STONE is designed with LayerZero, supporting seamless transfer and alignment of assets and prices across multiple blockchains. Layer 2 ecosystem developers can easily integrate STONE for large-scale adoption. By establishing a multi-chain liquidity market based on STONE, StakeStone significantly enhances liquidity, providing the DeFi ecosystem with a more reliable and flexible liquidity source.
Capital Efficiency and Optimization
StakeStoneโs decentralized OPAP mechanism optimizes staking yields, allowing users to maximize returns on staked assets without the need for active portfolio management. This increase in capital efficiency benefits both individual and institutional investors seeking higher returns, while also supporting the overall health and liquidity of Layer 2 networks.
Diverse Use Cases for STONE
The STONE token is designed to be highly versatile and functional across multiple blockchain networks, making it suitable for various DeFi applications such as providing liquidity on decentralized exchanges (DEXs), serving as collateral for minting stablecoins, being used as collateral for loans, and unlocking new opportunities in GameFi platforms. The widespread application of STONE enhances its utility and value.
Extensive Partnerships and Support
StakeStone has partnered with over 10 different chains and protocols, including Bยฒ, BNB Chain, BOB Chain, Manta, Merlin, Metis, Mode, Scroll, Swell Chain, Tusima, Zircuit, and zkLink, to expand the use cases of STONE. Additionally, StakeStone has received strong support from Binance Labs, the venture arm of Binance, providing both funding and strategic guidance to help StakeStone continue to grow and innovate in the DeFi space.
Risks and Considerations
Smart Contract Risks
While StakeStoneโs smart contracts have undergone multiple rounds of testing and open-source review, there is always a possibility of vulnerabilities or logic errors. To mitigate risks, the StakeStone team continuously monitors and updates the contracts to address new threats, ensuring user security.
DeFi Composability and Underlying Asset Risks
StakeStone integrates multiple DeFi protocols, which, while beneficial for optimizing yields, also adds complexity and risk. The protocols StakeStone relies on may have market and governance risks, and the underlying assets supporting STONE, such as liquid staking tokens (LSTs) and decentralized exchange (DEX) liquidity provider (LP) tokens, are susceptible to market volatility and operational issues. To protect user assets, StakeStone employs an emergency rebalancing feature within its smart contracts to manage significant risks and maintain asset stability.
Through innovation and collaboration, StakeStone aims to provide users with reliable staking solutions while creating more use cases in the DeFi space.
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How to Participate in the Omnichain Carnival
Visit the Omnichain Carnival HomePage
Link: Omnichain CarnivalConnect Your EVM Wallet and Sign Message
Invite Code:5B8D2
Acquire ETH
You will need some ETH to participate. Obtain ETH with a 20% trading fee rebate at:Deposit ETH and Obtain STONE; Bridge STONE to Scroll Network
Once you have STONE, engage in the following activities:- Deposit STONE in Rhomarkets to earn Scroll Marks and Rhomarkets Points.
More Details: Rhomarkets Article - Deposit STONE in Pencils to get Scroll Marks and Pencils Points.
More Details: Pencils Article - Deposit STONE in Kiloex to earn Kiloex Points and STONE Points.
More Details: Kiloex Article - Deposit STONE in Ora to get Ora Points and STONE Points.
More Details: Ora Article
- Deposit STONE in Rhomarkets to earn Scroll Marks and Rhomarkets Points.
Bridge STONE to BNB Chain and Provide Liquidity
Participate in liquidity provision on the BNB chain at:- Kinza
- Bridge Link: Stakestone Bridge
You can also get stakestoneโs airdrop by participating the following projects:
๐.๐ท๐๐๐๐๐๐๐๐๐๐ ๐๐ stakestone ๐๐๐๐
๐๐๐ ๐๐๐
๐๐๐๐:
StakeStone Points + Symbiotic Points + EigenLayer Points + Staking APR + Other LRT Points
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