Today, we are excited to list our first collaboration with Stakestone, an omnichain liquidity layer for Ethereum. Stakestone assets STONE (Stakestone Ether) and SBTC (Stakestone Bitcoin) are immediately available for pre-staking on Form's Meditations campaign.
Users who stake STONE and SBTC in Meditations will receive 2x Form Points, which will convert into FORM tokens upon TGE, 2x STONE-W1 points for STONE deposits as a part of Stakestone's Omnichain Carnival airdrop and 2x STONE-BTC points for SBTC deposits. We are also exploring exclusive FORM benefits for larger Stakestone LPs, you can find out more by messaging the Stakestone team directly.
A reminder to stakers that 8% of the FORM token supply will be collectively distributed across those who stake in the pre-deposit campaign and those who participate in Form mainnet activities. This directly applies to those staking STONE and SBTC in Meditations.
StoneFi 🤝SocialFi
STONE has become the omnichain liquidity layer for ETH, securing over $400M in TVL and is currently in use by over 100 partners. We’re so happy to bring Stakestone into SocialFi with STONE and be an early SBTC partner with Stakestone Bitcoin!
If you are new to Stakestone, you can mint liquid STONE by depositing ETH here and at the moment you can mint SBTC by depositing cbBTC here. If you already have STONE and SBTC, head over to Meditations to earn Form points now!