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Binance Launches New Cryptocurrency StakeStone (STO) in Airdrop Program

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by Giorgi Kostiuk

11 hours ago


Binance, one of the leading cryptocurrency exchanges in the world, has announced the listing of a new project, StakeStone (STO), as part of its HODLer Airdrop program. The project promises users new opportunities in liquidity management and staking.

Overview of StakeStone (STO)

StakeStone is an omnichain liquidity asset protocol focused on creating adaptive staking for liquid ETH and BTC. The project aims to unite custodial BTC assets across multiple chains into a single ecosystem, providing transparent liquidity.

Details of the HODLer Airdrop for STO

Binance’s HODLer Airdrop program allows BNB users to receive tokens based on historical snapshots of their BNB balances. The airdrop for StakeStone will be available to users who utilized BNB Simple Earn products from April 27 to April 29. A total of 15 million STO tokens will be distributed as part of the airdrop, accounting for 1.5% of the total token supply.

Listing and Trading Pairs of STO on Binance

Binance has announced that the listing of StakeStone will begin on May 2 at 16:00 (UTC) with the Seed Tag applied. On that day, the following trading pairs will be available: STO/USDT, STO/USDC, STO/BNB, STO/FDUSD, and STO/TRY. Users will be able to start trading on Binance Alpha, but the token will no longer be featured on the platform after its listing on the main exchange.

The listing of StakeStone on Binance opens new prospects for users interested in optimizing their assets and staking. The exchange's latest initiative demonstrates its commitment to expanding opportunities for traders and investors.

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