StakeStone: 53,000 ETH has been staked through Symbiotic
StakeStone announces that its liquidity 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 joint strategy 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 can benefit automatically without additional integration. Users can view the status of underlying assets of STONE and related opportunistic asset allocation plans through the official StakeStone application.
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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