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StakeStone: 53,000 ETH pledged through Symbiotic

StakeStone: 53,000 ETH pledged through Symbiotic

CointimeCointime2024/08/20 06:46
By:Cointime

StakeStone announces that its liquid ETH token, STONE, has become the most widely used asset in the Symbiotic ecosystem. Currently, StakeStone has staked a total of 53,000 ETH through Symbiotic, including 43,000 ETH newly deployed in collaboration with Mellow Protocol.STONE can be used in more than 10 chains and over 50 use cases without the need for fund transfers or new token minting. StakeStone emphasizes that protocols supporting STONE automatically benefit without the need for additional integration. Users can view the underlying asset status of STONE and related opportunistic asset allocation plans through the StakeStone official app.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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