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TVL exceeds US$1.2 billion and receives investment from Binance Oyi: Can StakeStone become a cross-chain rookie?

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2024-03-29 16:31:46481browse
Recently, the StakeStone project has attracted attention in the blockchain circle due to its investment from Binance Labs and OKX Ventures. StakeStone is not only committed to making its STONE token the new standard for cross-chain liquid assets, but also building a new application-layer liquidity market. In this market, its full-chain LST protocol TVL (total locked value) exceeded US$1 billion on February 26, and reached an astonishing US$1.2 billion on March 26.
TVL 突破 12 亿美元,获币安欧易投资:StakeStone 能否成为跨链新秀?
As a member of the liquidity staking track, StakeStone’s application in DeFi and Ethereum Layer 2 solutions seems particularly critical. Compared with Lido, Rocket Pool and other projects in the same track, StakeStone provides users with a wider range of application scenarios and revenue opportunities through its cross-chain liquidity market and innovative OPAP mechanism, demonstrating its unique market positioning.
Next, we will explore in depth StakeStone’s technical architecture and how it stands out in the highly competitive liquidity staking market.

Analysis of the core advantages of StakeStone: non-custodial and transparent liquidity staking service ensures the safety of user funds

##StakeStone Aims to provide innovative liquidity staking solutions for the decentralized finance (DeFi) ecosystem. By introducing the concept of Yield-bearing ETH, StakeStone allows users to maintain the liquidity of their assets while enjoying staking benefits. Its cross-chain compatibility and automatic revenue optimization mechanism (OPAP) further enhance its application potential in multi-chain ecosystems, providing users with an efficient, flexible and revenue-maximizing staking platform.
The core advantage of StakeStone lies in its innovative technical architecture and user-first design philosophy. By providing non-custodial and transparent liquidity staking services, StakeStone guarantees the security of user funds and transparency of earnings. Its STONE token based on LayerZero achieves cross-chain liquidity, allowing assets to circulate freely between different blockchain networks. This not only opens up broader market opportunities for users, but also simplifies the integration process for Layer2 developers.
In terms of how it works, StakeStone allows users to pledge ETH or other supported assets into its protocol, and these assets are subsequently converted into corresponding yield-bearing ETH or other forms of LST. Represents the user's pledged assets and corresponding income rights. Through the OPAP mechanism, StakeStone can automatically adjust and optimize the allocation of underlying assets, respond to market changes and the performance of the pledge pool, and ensure that users obtain the best pledge returns. At the same time, the revenue distribution mechanism ensures that staking revenue (including transaction fees, governance rewards, etc.) is regularly distributed to STONE holders, whether through direct token distribution or increased STONE value.
TVL 突破 12 亿美元,获币安欧易投资:StakeStone 能否成为跨链新秀?
#In short, StakeStone, through its innovative solutions and technical advantages, not only solves the problem of asset liquidity loss when pledging crypto assets, but also provides cross-chain assets Management provides efficient solutions and effectively promotes the development of DeFi and cross-chain liquidity.

The heavy staking strategy can fully improve the capital operation efficiency of StakeStone and allow users to obtain more staking opportunities

StakeStone is revolutionizing the field of crypto asset staking by introducing EigenLayer heavy-staking technology, with the goal of improving capital efficiency and security across the entire ecosystem. By implementing solutions including LST re-staking, Beacon chain re-staking and LRT integration, StakeStone aims to provide its users and partners with a secure and efficient re-staking platform. The development of this strategy benefits from the cooperation with InfStones, which provides professional node operation services to StakeStone, while Cobo's advanced security technology provides a solid guarantee for the stability of the entire system. In addition, the underlying assets updated through the OPAP mechanism, combined with the community voting function, not only enhance the transparency of the project, but also promote community participation and governance.
The core of the heavy pledge strategy lies in its great improvement in capital efficiency. By allowing assets to participate in more staking opportunities while maintaining their original staking returns, StakeStone effectively solves the problem of limited asset liquidity in the traditional staking model. In addition, the strategy also automates the re-staking process through smart contracts, ensuring the security and efficiency of the process. For the redistribution of ETH, this strategy adopts a gradual approach to alleviate the impact of the initial cold start period on the speed of reward acquisition. The distribution mechanism of heavy staking rewards focuses on fairness, and through the EigenLayer points accumulation and distribution strategy, it ensures that participants can receive reasonable returns for their efforts.
TVL 突破 12 亿美元,获币安欧易投资:StakeStone 能否成为跨链新秀?
However, the heavy-staking strategy also brings some challenges, especially in the withdrawal mechanism. Due to the technical and process complexity involved, withdrawal request processing times may be extended, especially during times of high pressure on the system. In order to deal with this problem, StakeStone is developing more flexible and efficient solutions to reduce withdrawal waiting times while ensuring the liquidity and stability of the entire system.
Through these innovative measures, StakeStone not only improves the capital efficiency of pledged assets, but also brings a new development direction to the crypto asset pledge field. As technology continues to improve and community participation deepens, StakeStone is expected to play a greater role in promoting crypto-asset liquidity and staking revenue optimization.

Take a look at the details of the StakeStone Carnival and see if there are any wealth opportunities of your own?

#StakeStone announced the launch of the full-chain carnival series of events, aiming to promote community participation by awarding more than 6.5% of the total supply as rewards. The activity is divided into several stages. The first wave of the activity lasts for four days and provides an additional 15% reward to early account activators.
TVL 突破 12 亿美元,获币安欧易投资:StakeStone 能否成为跨链新秀?
##Details of the first wave of rewards:
1. Goal: encourage depositing STONE and inviting friends;
2. Prize pool: accounting for 3% of the total supply of StakeStone;
3. Special offer: Early account activators can enjoy a 15% bonus increase;
4. Limit: The activity stops when the cumulative recharge reaches 200,000 STONE;
5. Operation: Activate the carnival account by obtaining the invitation code, and deposit STONE to participate.
Second wave of reward details:
1. Goal: Improve STONE’s cross-chain usage and capital efficiency;
2. Cooperation: Cooperate with more than 10 chains, ecosystems and protocols;
3. Rewards: distributed according to the usage of STONE The second wave of prize pools and additional rewards;
4. Team expansion: Participants in the first wave can continue to use invitation codes to expand their teams and enjoy an additional 5% reward increase.
Loyalty reward details:
Specially set up 0.5% of the total supply as a prize pool to reward Manta New Paradigm, Old members of the community such as Merlin's Seal, B² Buzz participants and G-NFT participants. Through this series of activities, StakeStone not only aims to inspire widespread community participation, but also actively expands its application and influence in the crypto ecosystem.

A series of processes seem to be going smoothly, but the subsequent development of StakeStone still needs to be carefully watched

On March 26, StakeStone joined hands with blockchain basic service provider InfStones to announce that the two companies have reached an important strategic partnership. The highlight of this cooperation is the integration of EigenLayer restaking technology, an innovative step aimed at enhancing AVS operational strategy cooperation. On that day, the amount of Ethereum (ETH) pledged on the StakeStone platform reached an impressive 350,000, and the total locked value (TVL) was as high as $1.24 billion.
StakeStone has accumulated more than 340,000 ETH through close cooperation with the ETH and BTC ecosystems and other emerging ecosystems, and participated in the liquidity distribution activities of more than 100,000 users. The project is also exploring the introduction of STONE BTC, aiming to further enhance the diversity and attractiveness of its liquidity distribution network.
After receiving strategic investments from Binance Labs and OKX Ventures, StakeStone’s market footing has become more solid. These developments not only highlight StakeStone’s efforts at the forefront of advancing crypto-asset liquidity, but also add confidence in its long-term growth and success in the global blockchain ecosystem. With the development of more cooperation and the implementation of incentive plans, StakeStone is actively shaping a more open and diversified crypto-finance world. However, time will still tell whether it can continue to succeed and achieve its ambitious goals.

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