Stone DeFi STN Price N/A

STN token is the governance token that will play a crucial role in the Stone ecosystem.

SOLID principles for Stone:

Stable returns

• 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.

Open collaboration

• 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.

Long term development

• 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.

Incremental deployment

• 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.

DAO driven

• 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.