StakeStone Omnichain Carnival

StakeStone
5 min readMar 26, 2024

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TL;DR

  1. StakeStone’s omnichain carnival wave one early access started, the users who activate their account during early access can get a 15% boost in Wave One. The early access period is 4-day.
  2. Deposit STONE in Wave One to share 3% of StakeStone’s total supply, maximum deposit limit for wave one is 200,000 STONE
  3. In multple waves, StakeStone provides more than 6.5%+ total supply for incentives

Liquidity is the infrastructure. It is the belief of StakeStone.

When it comes to liquidity, opportunities, whether at the application layer or the consensus layer, are constantly evolving. By continuously integrating innovative underlying assets and expanding more use cases in the application layer, StakeStone has created a market-adaptive, long-term liquidity infrastructure: an omnichain liquidity distribution network. It always serves the primary needs of liquidity providers and demanders.

Through deep collaborations with the ETH ecosystem, BTC ecosystem, and various emerging ecosystems, StakeStone has accumulated over 340,000 ETH and engaged with 100,000+ users in liquidity distribution. At the same time, StakeStone is also exploring the creation of STONE BTC to incorporate BTC liquidity into its distribution network.

StakeStone is excited to launch the Omnichain Carnival series campaign, which includes multiple waves distributing 6.5%+ of StakeStone’s total supply as rewards for STONE in use cases. The EARLY ACCESS for Omnichain Carnival Wave One has begun (4 days), offering a 15% additional boost for those who activate their accounts during this period. Once deposits start, deposit STONE to participate and share 3% of StakeStone’s total supply. Get an invite code to get started: https://carnival.stakestone.io/

Wave One: Deposit your STONE, invite your fiends and share 3% of StakeStone’s total supply!

Wave One Prize Pool:

  • 3% of StakeStone’s total supply

EARLY ACCESS Start: NOW!

  • Users who activate their accounts during early access (4 days) can enjoy a 15% boost in Wave One with their STONE deposited

Deposit Start:

  • Countdown in progress 👀 Wave One deposits will cease once the total deposit amount reaches 200,000 STONE. It’s a first-come, first-served opportunity.

Take Action:

  • Obtain an invite code and activate your account for the carnival. Users who activate during early access can receive a 15% boost in Wave One.
  • Once the countdown ends, deposit your STONE, capped at a total of 200,000 STONE.
  • After depositing your STONE, you will receive LP tokens and will be able to withdraw your STONE at the end of May. (The use cases for the LP tokens obtained by depositing STONE in Wave One are also currently under development)

Reward Sharing in Wave One:

  • StakeStone’s 3% total supply will be distributed based on the amount of STONE deposited by users in Wave One.
  • Users can receive their invitation code after activating their accounts and proceed with inviting others. Through direct invitations, users can get a 25% commission.
  • Users who activate their accounts during the Early Access period will receive a 15% additional boost based on the amount of STONE they deposit in Wave One.
  • Users that have deposited STONE in Wave One will receive a 5% additional boost in the subsequent Wave Two.
  • Users that have deposited STONE in Wave One will share more rewards in the StakeStone Loyalty Rewards program.
  • Loyalty Rewards: A separate prize pool consisting of 0.5% of the total supply is allocated for loyal users and community members. This includes participants from Manta New Paradigm, Merlin’s Seal, B² Buzz before February 21, G-NFT participants, as well as qualified past community members.

Wave Two: Utilize your STONE across 10+ ecosystems for multiple layers of rewards!

As a liquidity layer infrastructure, StakeStone’s long-term mission is to continually empower ecosystems. Therefore, StakeStone is collaborating with over 10 chains, ecosystems, and protocols to offer more use cases for STONE and enhance the capital efficiency for both liquidity providers and demanders.

In Wave Two, users will have the opportunity to use STONE in various use cases and campaigns to share in the StakeStone Wave Two prize pool and additional rewards provided by the ecosystem. Enrich your journey in liquidity distribution with multi-layered rewards during this process!

Wave Two Timeline:

  • Official launch in mid-April, featuring a comprehensive activity dashboard and demonstrations of rewards. A one-stop solution to help you explore cross-chain liquidity distribution and profit opportunities.

Reward Sharing in Wave Two:

  • By using STONE across various ecosystems and protocols, users will earn STONE-points based on the amount of STONE used and the time duration. Holders of STONE-points will have the opportunity to share in the Wave Two prize pool.
  • Users will be able to retain the teams they formed in Wave One and can continue to expand their teams using the same invite code. Inviters will receive a 25% commission.
  • Participants of Wave One will receive an additional 5% boost in Wave Two.
  • Points earned in previous Boost activities such as the BTC Ecosystem Acceleration Program (see: link) will be displayed in Wave Two.

Ecosystems in Progress (in alphabetical order):

  • BNB chain
  • BOB Chain
  • Manta
  • Merlin
  • Metis
  • Mode
  • Scroll
  • Swell Chain
  • Tusima
  • Zircuit
  • zkLink
  • … and more to come

Manta Renew Paradigm Boost:

StakeStone offers a 1% total supply reward to participants of Manta Renew Paradigm. By using STONE in Renew Paradigm, users can earn M-STONE points (Manta<>StakeStone ecosystem points). Holders of M-STONE points will have the opportunity to share in this separate reward pool. The rewards in Renew Paradigm also include 3,000,000 $MANTA and 3%+ of the total supply from eco protocols. To learn more about M-STONE points and RNP boost, please refer to the relevant documentation or resources provided: https://medium.com/@official_42951/get-m-stone-points-in-manta-renew-paradigm-with-stone-7d33d8149008

In the Manta Renew Paradigm, users can utilize multiple assets, including STONE, across over 10 Manta ecosystem protocols to enjoy a rich experience and earn multiple rewards from Manta Network, the ecosystem protocols, and StakeStone. Learn more about Renew Paradigm: https://renewparadigm.manta.network/

Loyalty Rewards:

Loyalty Rewards are incentives for loyal users. Manta New Paradigm Participants, Merlin Seal and B² Buzz participants before February 21st, G-NFT participants, and eligible long-term community members, can share a 0.5% stake in StakeStone’s total supply as a reward. Users who joined in Wave One can receive a larger share of rewards from the Loyalty Rewards pool. More information about Loyalty Rewards will be released later.

Join the Grandest Omnichain Carnival!

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