Cryptocurrency attributes
Other attributes
Stone DeFi is a cross-chain income aggregation platform. It is based on POS asset liquidity token, focusing on the construction of an income and liquidity aggregation platform. There are plans to expand into liquidity POS income, cross-chain strategy, and risk-adjusted index investment.
The multi-asset staking platform is used to participate in validating the respective chain, while simultaneously freeing the value locked in it and participating in the liquidity pool to earn. This is done by issuing an ERC20 liquid derivative token that represents the staked token's value on the Ethereum, Binance Smart Chain & Polygon Network.
The feature allows users to utilize liquid tokens to receive extra yields by using the liquid tokens to participate in liquidity pools or staking. Different assets will have other features that benefit the stakers of varying chains. The Stone token or STN is the native utility token of Stone Protocol. It serves as the central part of the incentive structure of Stone DeFi.