StakeStone

STO is the governance and coordination token of the StakeStone protocol. It plays a central role in managing liquidity flows, aligning incentives across participants, and supporting protocol sustainability.

• Governance and voting: STO holders can lock their tokens to receive veSTO, which grants voting power. veSTO holders decide on the allocation of incentives across STONE-Fi, BTC-Fi, and LiquidityPad vaults, and participate in protocol-level governance decisions.

• Yield boosting: Liquidity providers who also hold veSTO receive yield boosts. The size of the boost depends on the amount of veSTO held relative to their deposit, encouraging long-term protocol alignment.

• Value capture via fees: The protocol collects fees on withdrawals across all pools and vaults. These fees contribute to the treasury and are used to support long-term sustainability.

• Governance incentive contributions: External protocols can offer governance incentives to veSTO holders in order to direct votes toward specific pools or vaults. These contributions may be made in STO or other tokens. When STO is used, part of the amount is burned, reducing token supply, while the remainder is distributed to veSTO voters. This creates deflationary pressure and aligns rewards with governance participation.

• Swap & Burn mechanism: STO tokens can be exchanged for treasury assets during favourable market conditions, supporting price alignment and providing liquidity options for holders.

StakeStone was founded in 2023 by a team of DeFi-native builders led by Charles K, who is the principal founder of the protocol. His role has been central in shaping StakeStone’s design and approach to addressing liquidity inefficiencies across blockchain networks.

The founding team also includes Ivan K, who serves as Chief Marketing Officer and oversees the project’s marketing and communication strategy. Rose Li, as Chief Strategy Officer, is responsible for business development and strategic planning. Sutianne (Sue) Li contributes to ecosystem development, with a focus on multichain payment integrations.

The team brings experience from across decentralised finance, infrastructure development, and protocol operations. Their collective work underpins StakeStone’s objective to create a cross-chain liquidity infrastructure that functions across a range of blockchain environments.