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StakeStone
Retrodrop (Airdrop)
Active
26 Mar 2024 - 01 Jul 2025
StakeStone is an LRT and multi-chain liquidity protocol with its own yield-bearing Ethereum and Bitcoin LRTs, $STONE and $STONEBTC as well as an on-chain tokenized version of Bitcoins, $SBTC. It aims to deliver users a more unified and simplified on-chain experience of liquid restaking by supporting over 16 various blockchains for its yield-bearing tokens.
On March 26th, 2024 the platform launched a points farming campaign granting users points for holding and depositing into DeFi apps $STONE, and $SBTC tokens. Hence, CoinLaunch prepared for you an ultimate guide on how to join this contest with the best restaking routes currently supported by the StakeStone.
CoinLaunch Score:
Last update:
High
10 Dec 2024
StakeStone - Retrodrop (Airdrop) Overview
start date:
26 Mar 2024
end date:
01 Jul 2025
Reward Distribution:
TBA
More about StakeStone
Reward
N/A
Winners:
N/A
How to join StakeStone - Retrodrop (Airdrop)?
To participate in the StakeStone airdrop you need to farm StakeStone points by either restaking $ETH on Linea, Scroll, Zircuit, and Ethereum chains or exchanging your $BTCs for the $SBTC tokens and depositing them into the supported DeFi apps:
Since there are a large number of options where to restake, we will cover only the hottest and the most effective, in our team’s opinion, StakeStone restaking routes:
- Ethereum chain staking routes
Although an Ethereum chain is the most expensive network supported by StakeStone, it is the major part of all the pre-deposit campaigns of L2s and other incentivizing campaigns. As of November 2024, the main dApps that StakeStone supports for points farming are:
- Reddio chain: Reddio is a highly scalable L2 network powered by parallel transaction processing. It currently runs a predeposit campaign, allowing users to earn NFTs and points. Restake $ETH on Stone, receive $STONE back, and deposit it into the Reddio L2 to receive 2x StakeStone points + Reddio points + $STONE APR;
- Bracket: A liquid staked DeFi enabling users to earn yield with liquid staking assets such as $STONE. Restake $ETH with Stake Stone and deposit LRT into the Bracket DeFi to earn Bracket points + 2x StakeStone points + $STONE APR;
- Yay.space: Yay is a socialFi protocol combining the features of the Social network and web3 economy on its platform. It runs a predeposit points farming campaign, aiming to conduct airdrop to its community. Depost $STONE into the Yay.space predeposit vault and earn Yay points + 2x StakeStone points + $STONE APR.
- Ethereum L2s:
Currently, StakeStone points farming campaign includes three main L2s: Zircuit, Linea, and Scroll as well as L1 such as BNB chain. The Scroll and Zircuit have already conducted the first phase of their token airdrop campaigns, while Linea is already concluding its own, still, you have the option to join the second seasons of their airdrop campaigns, as well as save some money on fees that you would have spent on restaking on Ethereum. Here is a small list of the best DeFis:
- Zircuit liquidity hub: Deposit $STONE into the Zircuit liquidity hub to receive Zircuit points + 2x StakeStone points + $STONE APR;
- LayerBank/Rho on Scroll: Supply $STONE either to the LayerBank or Rho to earn Scroll points + 2x StakeStone points + LayerBank/Rho points + $STONE APR + supply APR;
- Lynex on Linea: Provide liquidity in pair $STONE/WETH pool on Lynex DEX to earn Linea LXP-L + 2x StakeStone points + Turtle-Linea points + Turtle-Lynex points + $STONE APR + LP APR.
As more L2s launch their mainnets and more DeFi apps appear, it is possible there will be even more restaking routes for StakeStone. Hence, keep an eye on the updates from StakeStone and explore more routes once they appear.
- BTC eco-wave:
Additionally to the Ethereum restaking you can also participate in the BTC eco-wave campaign, by holding and depositing $SBTC into the Plume pre-deposit vault (now closed) or Form on the Ethereum network to earn $SBTC points farming multipliers.
Furthermore, with recent releases of the $STONEBTC yield-bearing token, you can also restake $SBTCs to earn StakeStone + Symbiotic points as the $STONEBTC powered by the Symbiotic protocol.
Good Luck! 🍀
Step-by-step Guide
Visit the Omnichain Carnival page, connect your wallet;
Acquire any $ETH or $BTC tokens on your web3 wallet;
Restake those assets and receive back LRTs;
Get familiar with available DeFi apps or use our restaking routes;
Engage with DeFi using either own or our staking routes;
Keep farming points until the TGE announcement;
Get your tokens.
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