In the cryptocurrency market, liquidity and yield are often difficult to achieve simultaneously. StakeStone, as an innovative cross-chain liquidity infrastructure, cleverly solves this problem through its STONE token, achieving a win-win situation of “liquidity + maximum yield.” Whether you’re a crypto newcomer or an experienced investor looking for efficient investment channels, StakeStone offers an opportunity worth exploring in depth.
This article will comprehensively analyze StakeStone’s core features, STONE’s tokenomics, and future development roadmap, introducing you to this innovative platform that is reshaping the liquidity landscape of the crypto world.
What is StakeStone (STONE)? Understanding the Cross-Chain Liquidity Platform
StakeStone is a cutting-edge cross-chain liquidity infrastructure that introduces two assets – STONE and SBTC – which are liquid versions of ETH and BTC respectively, supported by a dynamic staking network. With its highly scalable architecture, StakeStone supports mainstream staking pools and is prepared for future restaking functionalities. Its robust infrastructure creates a multi-chain liquidity market centered around STONE assets, providing users with diverse use cases and enhanced yield opportunities.
STONE is the native governance token of the StakeStone ecosystem. As a core component of the system, holders can participate in platform governance and receive additional yield incentives. By locking veSTO (vote-locked STONE tokens), users can gain stronger governance powers and enhanced rewards, participating in shaping StakeStone’s future development.
StakeStone offers three liquid assets:
- STONE ETH: Yield-bearing liquid ETH
- SBTC: Liquid BTC asset
- STONEBTC: Yield-bearing BTC
StakeStone vs STONE Token: Key Differences Between the Platform and Its Native Crypto
The relationship between StakeStone and STONE can be simply understood as that between a platform and its native token. StakeStone is the entire protocol ecosystem, focused on providing liquidity staking services that allow users to maximize yields while maintaining asset liquidity. It supports multiple asset types and provides comprehensive DeFi solutions.
STONE is StakeStone’s native token with the following features:
- Serves as the core utility token of the ecosystem
- Drives the ecosystem’s incentive mechanisms
- Allows holders to participate in protocol governance
- Can be converted to veSTO for greater governance power
In addition to STONE, the StakeStone ecosystem also has veSTO (vote-locked STONE), which is a non-transferable token obtained by locking STONE for a period of time. veSTO grants holders stronger governance powers and enhanced rewards, and is a core component of StakeStone’s PoSL (Proof of Staked Liquidity) governance and reward system.
How StakeStone.io Solves Critical Liquidity Problems in DeFi?
1. The Contradiction Between Asset Locking and Liquidity
Traditional staking models require users to choose between yield or liquidity. Individual stakers want to secure risk-free staking returns but also want to participate in liquidity mining for additional yield, creating a dilemma where users must choose between providing liquidity (LP) or staking, thus incurring opportunity costs.
2. Fragmented Liquidity
With the emergence of various LRT (Liquid Restaking Token) pools, users often face complex and disconnected experiences. The introduction of new tokens and the complex process of managing liquidity across multiple platforms increases the complexity of the user experience.
3. Challenges Faced by Layer 2 Networks and EVM-Compatible Blockchains
Emerging L2s and other blockchains struggle to attract ETH liquidity because users are unwilling to give up staking yields available on Ethereum. If users transfer ETH to these new chains, they lose the 4-15% “risk-free” yield available on Ethereum. This opportunity cost makes it difficult for new blockchains to obtain sufficient ETH liquidity to develop their ecosystems.
4. Integration Difficulties for Developers
Developers face multiple challenges when integrating Liquid Restaking Tokens (LRTs), mainly because projects frequently introduce new token symbols, making the integration process complex and inefficient. Additionally, cross-chain ETH integration is particularly difficult because accurate price data depends on oracles. Rebase tokens (like stETH) with automatically adjusting supply are especially difficult to handle in cross-chain environments, making it hard for developers to create stable systems and hindering truly seamless cross-chain experiences.
StakeStone’s Journey: From Funding Rounds to Berachain Integration
StakeStone was founded with the purpose of creating a yield-bearing liquid asset that could stand the test of time, rather than just creating another staking pool or restaking protocol. From the beginning, the project focused on solving a core challenge in the cryptocurrency industry: how to maximize yield while maintaining asset liquidity.
Since its establishment, StakeStone has achieved significant milestones:
2023: Foundation Building Phase
- July 2023: Testnet launch, marking StakeStone’s official entry into the DeFi space
- September 2023: Mainnet launch, with initial TVL (Total Value Locked) reaching 1.1K ETH
- December 2023: Established liquidity partnership with Manta New Paradigm
- Key Metrics:
- TVL: 290,000 ETH (approximately $645 million), becoming the 5th largest stETH holder on-chain
- Users: 93,560 users onboarded
- Ecosystem: Successfully integrated with 10+ protocols
2024: Expansion and Strategic Growth
- February 2024: Partnered with BTC ecosystem to bootstrap liquidity
- TVL: 310,000+ ETH (approximately $870 million)
- Users: 96,000 users
- March 2024: Secured strategic round investment from Binance Labs and OKX Venture
- May 2024: Successfully bootstrapped Scroll’s liquidity, contributing to its DeFi ecosystem growth
- June 2024:
- Integrated restaking solutions with Eigenlayer and Symbiotic
- Established strategic partnerships with emerging ecosystems: Berachain, Linea, Monad, Plume
- Engaged with blue-chip DeFi protocols including Aave and Morpho
- August 2024: Integrated with native intent-based liquidity infrastructure, leveraging PMM lending pools to establish deep and efficient cross-chain liquidity
- September 2024: Hosted Liquid Asset Summit in collaboration with Berachain and Hashkey Cloud during Token2049 Singapore
- November 2024:
- Launched SBTC and STONEBTC products, revolutionizing BTC liquidity
- Closed Series A funding round led by Polychain Capital
- December 2024:
- Launched one of the leading pre-deposit DeFi vaults on Berachain, strategically targeting retail users
- Established partnership with Lido and P2P.org
2025: Product Diversification and Ecosystem Expansion
- Q1 2025: Launched LiquidityPad to redefine the future of cross-chain liquidity, allowing users to unlock alpha and earn token rewards by contributing liquidity to various cross-chain applications and ecosystems
- Q2 2025:
- Partnering with Monad & WLFI to provide StakeStone’s cross-chain liquidity solution
- Launch of StakeStone Governance DAO powered by Vote-Escrowed Token (veToken) model
- Developing innovative crypto payments product powered by AI
StakeStone ETH: Core Features and Advantages of the STONE Ecosystem
1. Transparency
StakeStone adopts a non-custodial approach, ensuring complete transparency of underlying assets and returns. Similar to MakerDAO, StakeStone is committed to building a fully on-chain asset that is governed on-chain, providing full visibility into staking paths. This transparency enables users to clearly understand how their assets are being used and managed.
2. True Liquidity
Unlike other staking protocols, StakeStone allows users to withdraw funds at any time on any blockchain without lock-up periods. It achieves this through special “PMM lending pool” technology, allocating a portion of ETH to market makers, enabling them to provide “exit liquidity” across multiple blockchains. This means users can exchange STONE back to ETH at any time on any supported blockchain with minimal price impact.
3. Cross-Chain Accessibility
STONE tokens can be used across multiple blockchains, and their price information can be synchronized between different chains, allowing users to see the same, accurate STONE price regardless of which blockchain they’re on. The StakeStone system automatically adjusts to cover “opportunity costs” between different chains, ensuring users can conveniently trade STONE on any chain.
4. Adaptability
STONE features a modular architecture that separates token minting from investment strategies. This allows the system to flexibly adapt to different staking mechanisms (such as PoS, restaking, etc.) and emerging blockchain technologies. Users don’t need to understand underlying technological changes to automatically benefit from system upgrades while enjoying optimized returns.
5. Optimization
StakeStone allows automatic reallocation of liquidity to different yield strategies. Unlike traditional staking services where STONE holders are locked into a single yield source, the system can flexibly move funds from one staking method (like Eigenlayer) to another (like Symbiotic), ensuring users always receive the best yields without having to manually manage assets.
6. Consistency
StakeStone’s design ensures that even if underlying smart contracts or assets change, users’ STONE tokens remain unaffected. Simply put, when the system upgrades, users don’t need to do anything, and their STONE tokens maintain the same value and functionality. This stability allows STONE to be widely used in various scenarios, from DeFi protocols to payment systems, and even as collateral on centralized exchanges. For users, the experience remains consistent regardless of how the underlying technology evolves.
7. Innovative STONE Pricing Mechanism
The STONE price within StakeStone comes from smart contracts and differs from prices seen on decentralized exchanges. When users deposit or withdraw assets in StakeStone, these transactions are executed based on an internal price determined by the contract, not by fluctuating DEX prices. For example, if a user currently holds 1 STONE, they can withdraw approximately 1.0021 ETH through StakeStone’s frontend.
SBTC Use Cases: How StakeStone’s Bitcoin Solution Works Across Chains
1. STONE ETH – Yield-Bearing Liquid ETH
STONE is a non-rebase ERC-20 token, similar to Lido’s wstETH in terms of yield generation. As a non-rebase token, the numerical balance of STONE in your wallet remains constant; however, its intrinsic ETH value increases over time due to accumulated staking yields.
For example, if user A deposits 100 ETH for 100 STONE, and after one year, the value of 1 STONE rises to 1.04 ETH, the user can withdraw 104 ETH from StakeStone using their 100 STONE.
2. SBTC – Liquid Bitcoin Solution
SBTC is designed as a liquid index BTC, addressing the issue of insufficient liquidity for native BTC assets by providing robust cross-chain liquidity. It will facilitate BTC asset trading and enhance the utility of native BTC within EVM ecosystems and other L1 and L2 networks. SBTC will be composed of a diversified basket of ERC20 tokens, primarily BTCB, ensuring a solid foundation of liquidity.
3. STONEBTC – Yield-Bearing BTC
STONEBTC is a yield-bearing BTC derivative designed to unlock the full earning potential of Bitcoin holdings while maintaining seamless liquidity in DeFi ecosystems. By integrating advanced BTC yield strategies across DeFi, CeDeFi, and RWA, STONEBTC allows users to earn sustainable yields without sacrificing flexibility or utility.
4. STONE-Fi – Cross-Chain Liquidity Market
STONE-Fi is a platform that enables liquidity to flow efficiently between different blockchains and protocols. Think of it as a “liquidity highway” between different ecosystems, ensuring funds can flow to where they’re needed most. After staking ETH and receiving STONE tokens, users can provide these tokens to STONE-Fi pools, earning additional mining rewards across different blockchains. Simply put, STONE-Fi allows your crypto assets to work simultaneously across multiple blockchains and generate yield.
5. LiquidityPad – Cross-Chain Liquidity Issuance Platform
LiquidityPad is an innovative cross-chain liquidity issuance platform strategically designed to connect Ethereum’s liquidity-rich environment with the evolving needs of emerging chains. By offering tailored and structured liquidity fundraising solutions, LiquidityPad enables projects to acquire liquidity that is customized and aligned with their unique ecosystems while providing users with yield opportunities across the cross-chain landscape.
6. Stone.Pay – Innovative DeFi Payment Solution
Stone.Pay solves a key problem: why spend cryptocurrency that can earn yield? It allows users’ STONE tokens to continue generating yield in their payment account until the moment they’re actually spent. It’s like a debit card that automatically appreciates in value, with your money growing until it’s used. Users don’t need to choose between “saving money to earn interest” and “having it readily available for payments”; Stone.Pay provides a best-of-both-worlds solution, allowing your crypto assets to continue working even while in your “wallet.”
STONE’s Tokenomics: Understanding the Economic Model
Currently, StakeStone has not released STONE’s tokenomics; official arrangements are pending.
STONE Token Utility: Governance, Staking, and Cross-Chain Benefits
1. Governance Participation
STONE holders can participate in the platform’s decision-making process, voting on important proposals. By locking STONE to obtain veSTO, users can:
- Vote on veSTO emission allocation
- Influence key protocol parameters such as platform fees and bribe burn percentages
- Help shape StakeStone’s development roadmap and strategic plans
2. Yield Enhancement and Rewards
By locking STONE to obtain veSTO, users can enhance their yields:
Yield Boost: Liquidity providers who lock veSTO receive boosted yields on their provided liquidity
Bribe Rewards: veSTO voters earn a portion of bribes from the STONE-Fi pools, BTC-Fi pools, and LiquidityPad vaults they voted for
veSTO Emissions: When veSTO holders vote on specific pools or vaults for emission allocation, they also secure a proportional claim to the associated veSTO rewards
3. Seasonal Reset Mechanism
Voting power resets at the end of each season, creating a fair competitive environment that prevents long-term holders from dominating governance, thus promoting broader participation.
4. Access to Treasury Assets via Swap and Burn Mechanism
The innovative Swap and Burn mechanism is designed to create sustainable value and diversified returns for STONE holders while maintaining deflationary pressure on token supply.
StakeStone’s treasury accumulates a diversified portfolio of assets through its revenue streams, primarily consisting of blue-chip cryptocurrencies such as ETH, BTC, stablecoins, STONE, and partner ecosystem governance tokens. As the protocol grows and more protocols leverage StakeStone’s liquidity solutions, the treasury naturally expands in asset diversification, creating increasing value that backs the STONE token.
The Swap and Burn mechanism allows STONE holders to exchange their tokens for a proportional share of these alternative treasury assets, effectively removing STONE from circulation in the process.
5. Cross-Chain Operation Support
As a cross-chain asset, STONE can be used across multiple blockchains, supporting various cross-chain operations:
- Seamlessly bridging different blockchains
- Facilitating cross-chain DeFi activities
- Providing liquidity across various chains
6. Enhanced Capital Efficiency
STONE is designed to improve the efficiency of users’ capital, allowing users to:
- Earn passive yields while maintaining liquidity
- Utilize STONE to participate in various DeFi activities
- Transfer liquidity advantages from one chain to another
StakeStone Bridge and TVL: Future Development Roadmap
As the cryptocurrency industry evolves, StakeStone has formulated ambitious plans to maintain its leading position in the liquidity infrastructure sector. Here are the key directions for StakeStone’s future development:
1. Stone.Pay Payment Application Expansion
StakeStone is developing a full-featured payment application named “Pebbles,” scheduled for full launch in Q3 2025, with the following features:
- Full support for EIP-7702
- Smart savings that produce consistent yields
- AI-driven financial analytics tailored to individual economies
2. Cross-Chain Service Expansion
StakeStone plans to expand its cross-chain liquidity services to a wider range of RWA (Real World Assets) and high-performance chains in Q4 2025 and beyond:
- Expanding the availability of STONE and SBTC on more blockchains
- Increasing support for emerging blockchain ecosystems
- Deepening integration with existing partners
3. Governance Decentralization Evolution
StakeStone has planned a gradual transfer of governance power from the team to the community:
- Initially, the StakeStone team will configure the DAO and retain management control of contracts
- Over time, this power will transition to the StakeStone DAO
- Eventually, governance will be fully managed by veSTO token holders
4. SBTC and STONEBTC Product Innovation
StakeStone plans to innovate its STONEBTC product in Q3 2025:
- Integrating with CeDeFi and RWA to better support sustainable and optimized yields
- Expanding Bitcoin’s utility in DeFi
StakeStone vs Competitors: Advantages in the Crypto Liquid Staking Market
StakeStone’s Main Competitors
1. Liquid Staking Services
- Lido: Currently the largest ETH liquid staking platform, providing liquid staking through stETH tokens
- Rocket Pool: Provides decentralized ETH staking services
- Frax Finance: Offers liquid staking services through frxETH
2. Cross-Chain Liquidity Protocols
- LayerZero: Provides cross-chain messaging and asset bridging
- Axelar: Focuses on cross-chain interoperability
- Wormhole: Offers cross-chain bridging services
3. Bitcoin DeFi Solutions
- Babylon: BTC staking protocol
- Symbiotic: Bitcoin restaking network
StakeStone’s Core Advantages
- Comprehensive Cross-Chain Solution: StakeStone is not just a staking or bridging service but a complete cross-chain liquidity infrastructure. It integrates liquid staking, cross-chain interoperability, and yield optimization into one platform, which is unique among competitors.
- Multi-Asset Support: Unlike competitors that focus only on ETH or specific assets, StakeStone simultaneously supports ETH and BTC through STONE and SBTC/STONEBTC, providing diversified liquidity options that allow users to more effectively manage and optimize their portfolios.
- Modular Architecture: StakeStone’s modular design allows for flexible adjustment of its underlying strategies without affecting users’ STONE tokens. This architecture provides great flexibility for adapting to market changes and integrating new opportunities, while many competitors have more rigid designs.
- Seamless Cross-Chain Experience: Many competitors require users to manually bridge assets between different chains, while StakeStone provides a true cross-chain experience, enabling users to access and use their assets across multiple chains while maintaining the yield on underlying assets.
- Yield Optimization Strategies: StakeStone’s underlying strategy pools automatically optimize yields without relying on users for active management. In contrast, many competitors require users to manually move assets between different protocols to maximize yields.
- Deep Ecosystem Integration: Through strategic partnerships with emerging ecosystems like Berachain, Linea, Monad, and Plume, StakeStone has established a strong partner network, enhancing the usability and adoption of its products.
- Innovative Governance Model: StakeStone’s gauge-based governance model and seasonal reset mechanism create a fairer, more inclusive decision-making process that prevents long-term holders from dominating governance, which many competitors lack.
How to Buy STONE Coin: Complete Guide to Purchasing on MEXC
MEXC is the preferred platform for purchasing STONE tokens, offering a convenient trading experience for both crypto newcomers and experienced traders. Here are the detailed steps for purchasing STONE tokens on MEXC:
- Create a MEXC account: Visit the MEXC official website and complete the registration process
- Deposit funds: Deposit USDT to your MEXC account
- Find the STONE trading pair: Search for “STONE” and select the STONE/USDT trading pair
- Place an order: Determine the amount of STONE you want to purchase and the price, then confirm the transaction
MEXC, as a leading global cryptocurrency exchange, offers multiple advantages:
- High liquidity: Ensures buy and sell orders can be quickly matched, reducing slippage
- User-friendly interface: Intuitive trading interface suitable for all types of users
- 24/7 customer support: Provides professional customer service to resolve issues during trading
- Low transaction fees: Offers more competitive fees compared to other platforms
Summary
StakeStone, as an innovative cross-chain liquidity infrastructure, cleverly solves the contradiction between liquidity and yield in the crypto market through its STONE and SBTC assets. StakeStone is not just another staking protocol but a comprehensive liquidity solution that enables users to maximize yield while maintaining asset liquidity.
Through its unique features – transparency, true liquidity, cross-chain accessibility, adaptability, optimization, and consistency – StakeStone creates unprecedented value for ETH and BTC holders. Its modular architecture ensures the system can adapt to changing market conditions, while its cross-chain functionality allows assets to flow seamlessly across various blockchains.
The STONE token, as the core of the StakeStone ecosystem, not only provides governance power but also creates continuous value through yield enhancement, bribe rewards, and the swap and burn mechanism. Its innovative vote-locking model ensures alignment of long-term incentives, while the seasonal reset mechanism promotes broader participation.
For investors, STONE offers an opportunity to engage with innovative liquidity solutions while participating in shaping the future of the protocol through its governance mechanisms. As DeFi moves toward a multi-chain direction, StakeStone’s cross-chain liquidity infrastructure is poised to play an increasingly important role in connecting different blockchain ecosystems.
Join MEXC and Start Trading Today!
