STN token is the governance token that will play a crucial role in the Stone ecosystem. <h3>SOLID principles for Stone:</h3>Stable returns<ul><li>Manage risks and rewards to achieve stable returns. DeFi is complex and looking at only indicative APY creates more tears than happiness. A paradigm shift in yield philosophy is to consider both risk, return (and the sustainability of such return), a principle widely used in the traditional financial industry.</li></ul>Open collaboration<ul><li>Work with as many community members as possible to source best ideas. Ensure the right incentive model in place to reward contributors starting from day one. Stone is flexible so any projects can be connected with it as well. Stone protocol (including strategies) will be open-sourced for transparency. This also allows communities and partners to contribute to the protocol development easily.</li></ul>Long term development<ul><li>Establish commitment and an inclusive culture to get more contributors along the way with the right incentive system. To bootstrap the technical development, RockX team and a few individuals are working to launch the alpha and public version of Stone protocol for the community and committed to lead the technical development for the next two years before the community decides the next steps. RockX is a development house with deep experience in blockchain development and runs various blockchain validators, such as Polkadot, Terra, Solana, Oasis.</li></ul>Incremental deployment<ul><li>Make incremental improvements with extensive testing and constantly learning from other projects. DeFi is a nascent industry requiring a large number of trial and error. Test-in-prod won’t be adopted by Stone. Stone shall launch step by step with alpha testing (with limited participants) and then gradually opening up for all users.</li></ul>DAO driven<ul><li>Provide a clear roadmap towards a DAO governed protocol. We acknowledge that at the beginning a committed small committee is more practical during bootstrap and a fully decentralized organization takes time. Stone shall engage the community to discuss a plan from day 1 and ensure sufficient fundings (tokens) are reserved for the DAO to manage in the future.</li></ul>

Stone DeFi: Bounce IDO Whitelisting

STONE x Bounce Certified Auction Participation Guide

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For all whitelist participants please follow the instruction to participate in STONE DeFi IDO on Bounce Certified.Time: March 23rd, 9:30pm GMT +8<ol><li>Go to&nbsp;<a href="https://certified.bounce.finance/certified-sales" rel="noopener noreferrer" target="_blank" style="color: inherit;">https://certified.bounce.finance/certified-sales</a></li><li>You will see auction pool in the active sales section. Click Join Auctions.</li><li>You will see the page. Make sure to check all the terms and maximum allocation per wallet, then enter your bid amount and click Go</li><li>You will need to interact with your MetaMask and pay gas fee for token swap. At the time of writing, the gas fee is around $15.</li><li>You will&nbsp;receive a success message when you get into the auction.</li><li>Refresh your page and you will see a Claim Tokens button. There will be a timer on the button to guide you how much time is left until you can claim your tokens. The claim time is set by the project.</li><li>Click Claim Tokens when the countdown is finished, and your tokens will arrive into your wallet.</li><li>ALL whitelisted addresses are NOT required to hold any AUCTION Tokens during auction on Bounce Certified. Pls take note that NOT all the whitelisted users will get the allocation. There is s no guaranteed allocation for all the whitelisted members.</li><li>The participants for the auction will be advised to use a desktop and browser with “MetaMask” to participate the Auction for STONE Bounce Certified Auction.</li><li>The participants will need to complete KYC for joining the Bounce Sale.</li></ol>

Stone DeFi

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