Heaven help us, the good people at Binance Wallet have decided to grace us with yet another token generation event, this time featuring the illustrious StakeStone, an omnichain liquidity protocol that’s about as exciting as a game of croquet. 🎱
According to the solemn announcement on X (or whatever they’re calling Twitter these days), the event will kick off from 08:00 AM to 08:30 AM UTC. Users can sign up during this time to get their fingers on a share of StakeStone’s tokens. A staggering 10 million STO tokens will be set aside for marketing, with more thrilling details to come. 🎉
Join #BinanceWallet 8th Exclusive Token Generation Event (TGE) with @Stake_Stone on @PancakeSwap.
🗓️April 3, 08:00AM – 08:30AM(UTC) for subscriptions!
🎁 10,000,000 $STO will be allocated to future marketing campaigns. Further details will be announced separately.
Ensure…
— Binance Wallet (@BinanceWallet) April 3, 2025
StakeStone, for those who haven’t been living under a rock, is a noble web3 project attempting to tackle the decentralized finance liquidity fragmentation problem. You see, liquidity is scattered across numerous blockchains, making it as hard and costly to move assets as it is to get a decent cup of tea in a French café. 😅 By serving as an omnichain system facilitating smooth liquidity flow between blockchains, StakeStone hopes to make life easier for both users and protocols. 🛠️
The platform relies on two primary tokens: STO (StakeStone Token) and veSTO (voting-escrowed STO). STO, being an Omnichain Fungible Token built on LayerZero technology, can bask in the glory of being transferred across different blockchains without the need for burning and re-minting, thereby enhancing its utility in a multi-chain ecosystem. It also serves as the primary governance token in the StakeStone universe. 🌌
veSTO, on the other hand, is the more exclusive sibling, obtained by locking STO for a fixed period. It’s designed to reward long-term commitment and amplify governance influence. Holding veSTO enhances staking rewards and liquidity provision yields, much like how adding a splash of gin can improve a rather dull evening. 🥂
To partake in the TGE, users must first set up and fund their Binance Wallet (Keyless). After logging into their Binance account, they can access the Exclusive TGE Subscription Page. There, they can subscribe to the event by connecting their wallet and depositing Binance Coin (BNB). Once the transaction is confirmed, users will be enlightened as to how many STO tokens they have successfully subscribed to. 🧐
Binance Wallet’s Exclusive TGEs, such as the one with StakeStone, are renowned for featuring projects that promise to be as high-quality and promising as a cucumber sandwich at a garden party. Previous TGE guests include the likes of Bedrock, Bubblemaps, MyShell, and Particle Network. However, before diving headfirst into any TGE, users are strongly advised to do their research, lest they end up feeling as out of place as a penguin at a formal dinner. 🌦️
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2025-04-03 12:13