Partnership announcement: Introducing Stakestone

Lista DAO
ListaDAO
Published in
3 min readMay 27, 2024

We are thrilled to announce our strategic partnership with StakeStone, a key step forward in our commitment to continuously offer the best and most current asset classes, while maintaining stringent security standards, on Lista DAO.

This collaboration will see StakeStone’s omni-chain ETH Liquid Staking Token (LST), STONE, being added as a new collateral option to borrow lisUSD under Lista’s innovation zone.

Users who choose to deposit STONE on Lista DAO are set for a rewarding experience. Not only will they earn Lista Stardust, but they’ll also accumulate boosted Stakestone points, which are particularly advantageous for participating in StakeStone’s upcoming airdrop campaign. By providing such incentives, we aim to encourage active participation in our platform’s offerings and the broader DeFi landscape. Here is what you need to know.

About Stakestone

Stakestone is an innovative omni-chain Liquid Staking Token (LST) protocol designed to extend native staking yields and liquidity to Layer 2 networks through a decentralized approach. Featuring a highly scalable architecture, StakeStone supports a wide range of leading staking pools and is poised to accommodate upcoming restaking functionalities as well.

Bridging STONE over to BSC

  1. Head over to Stakestone’s bridge here
  2. Connect your wallet and select STONE as the transfer asset

3. Enter the amount of STONE you would like to bridge, and select BNB chain as the destination chain.

4. Click send, sign the transaction, and you are done!

Deposit STONE as collateral

  1. Head over to Lista’s DApp here
  2. Connect your wallet, and click on “borrow lisUSD”

3. Head over to the “Borrow” section

4. Under “My collateral”, select “STONE” as collateral and click on the “+” button

5. Enter the amount of STONE you want to deposit, and approve spending of STONE.

6. Click “proceed”, sign the transaction, and you are done!

Earn 2x boosted Stakestone points + Lista Stardust

As part of our exciting partnership with StakeStone, we are delighted to offer an enhanced incentive for users who deposit STONE on Lista DAO. Not only will depositors earn Lista Stardust as part of the Community Airdrop Campaign (CAC) for Season 2, but they will also receive a 2x multiplier for StakeStone points, specifically geared towards StakeStone’s upcoming airdrop campaign.

Learn more about Stakestone’s airdrop campaign here.

Conclusion

In conclusion, the partnership between Lista DAO and StakeStone represents a significant milestone in the expansion and enhancement of our DeFi offerings. By integrating StakeStone’s omni-chain ETH LST, STONE, as a collateral option, and offering enriched incentives such as a boosted multiplier for StakeStone points alongside Lista Stardust, we are not only diversifying the opportunities available to our users but also incentivising users to participate in our ecosystem at the same time.

As we move forward, we remain dedicated to providing our community with advanced, secure, and seamless DeFi solutions that cater to their evolving needs. We look forward to the continued growth and success of our partnership with StakeStone and the positive impact it will have on our users’ DeFi journey.

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Lista DAO
ListaDAO

Enjoy secure, simple and permissionless liquid staking and stablecoin lending solutions at https://lista.org/