Techub News, StakeStone officially released the White Paper, which states that StakeStone is a decentralized, adaptive full-chain Liquidity infrastructure. The protocol introduces STONE (yielding ETH), SBTC, and STONEBTC (full-chain LiquidityBTC and yielding BTC), as well as LiquidityPad, enabling users to unlock full-chain Liquidity while earning optimized and sustainable returns.
StakeStone’s governance token STO is responsible for coordinating all value flows on the entire chain, while achieving decentralized governance of the protocol. StakeStone adopts the voting token model (veSTO) as the basis of its governance system. By locking STO tokens, holders can obtain veSTO. In addition, StakeStone will also adopt a multi-burn mechanism.