StakeStone ETH STONE Price

StakeStone is an omni-chain LST (Liquid Staking Token) protocol aiming to bring native staking yields and liquidity to Layer 2s in a decentralized manner. With its highly scalable architecture, StakeStone not only supports leading staking pools but is also compatible with the upcoming restaking. Meanwhile, it establishes a multi-chain liquidity market based on STONE, StakeStone’s native LST, provides users of STONE with more use cases and yield opportunities.

STONE is a non-rebase ERC-20 token within StakeStone's ecosystem, operating similarly to Lido's wstETH in yield generation. The balance of STONE in wallets remains constant, but its ETH value increases with accrued staking yields. STONE's price within the smart contract is distinct from its DEX price, being determined by StakeStone's underlying assets and total supply. It's also an Omnichain Fungible Token (OFT) based on Layerzero, enabling seamless cross-chain bridging.