STONE is a value-accumulating receipt token. When users stake ETH through the STONE Liquid Staking Protocol on the respective chain, they receive STONE in return. This token represents the staked ETH plus any rewards earned from participating in Ethereum’s PoS validation (as a form of pooled block validation).
The STONE token allows holders to access their accumulated rewards without waiting for the full unstaking process to complete, as would be the case if a user staked the full 32 ETH minimum required to become a regular Ethereum validator. This puts STONE in the category of liquid staking tokens, enabling users to leverage it across various DeFi platforms, such as using it as collateral or trading it.
