StakeStone releases white paper, governance token STO responsible for coordinating full chain value flow

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According to Foresight News, StakeStone has officially released a white paper, which states that StakeStone is a decentralized and adaptive full chain liquidity infrastructure. The protocol introduces STONE (interest bearing ETH), SBTC, STONEBTC (full chain liquidity BTC and interest bearing BTC, respectively), and Liquidity Pad, allowing users to release full chain liquidity while earning optimized and sustainable returns. StakeStone's governance token STO is responsible for coordinating all value flows on the entire chain while achieving decentralized governance of the protocol. StakeStone uses the Voting Token Model (veSTO) as the foundation of its governance system. By locking the STO token, holders can obtain veSTO. In addition, StakeStone will also adopt a multiple destruction mechanism.

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