Stake Stone is a multichain liquidity infrastructure and $BTC & $ETH LRT protocol with over $470M TVL. It offers multiple tools and solutions to address the on-chain liquidity fragmentation, poor user experience, and opportunity costs for $ETH stakers and $BTC holders, such as yield-bearing $STONE and $STONEBTC tokens and multichain $SBTC coin.
Since its inception in 2023, the protocol has raised over $22M from prominent crypto funds like Binance Labs, Polychain Capital, Hashkey Capital, and others. Notably, Binance Labs has invested twice in the project within the last year of operations.
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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.
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