StakeStone is a blockchain protocol that creates a "multi-chain" liquidity infrastructure. This means StakeStone facilitates the smooth flow of assets between different blockchains. The protocol aims to address common issues in DeFi, where assets are often stuck in isolated networks, making it difficult for users to move or earn rewards efficiently.
$STO is the native utility token of StakeStone. $STO governs its liquidity ecosystem, encouraging collaboration and aligning incentives among participants while facilitating efficient yield distribution across multiple blockchain networks.
Additionally, Users can stake various tokens such as ETH, STONE, and SBTC. The platform features a developer hub for collaboration and uses smart contracts to automate processes.
StakeStone focuses on unleashing the untapped potential of liquid assets to foster seamless and efficient capital movement throughout various ecosystems. The initiative demonstrates unwavering innovation, shaping a flexible staking network tailored for the dynamic requirements of the DeFi sector.