Binance, a leading cryptocurrency exchange, has recently introduced an update on its omnichain liquidity infrastructure protocol called StakeStone. The exchange announced that it will be hosting the Token Generation Event (TGE) for StakeStone, offering market support for the token. Traders and investors can take advantage of this emerging market opportunity by participating in the event.
The StakeStone TGE will be hosted on the BNB Chain with PancakeSwap. Users are required to have sufficient BNB tokens in their wallets in order to participate in the event. The TGE is scheduled to start on April 3 at 08:00 AM UTC and end at 08:30 AM UTC. A total of 50,000,000 STO tokens will be available during this event, representing 5% of the total supply.
The price per STO token has been set at $0.02 USD in BNB, with a maximum subscription cap of 3 Binance Coins per user. Token allocations will be conducted on a pro-rata basis, taking into account each user’s subscription amount compared to the total amount collected during the TGE. DEX trading for StakeStone will commence promptly after the event on PancakeSwap, a popular platform for trading BEP-20 tokens.
Additionally, another cryptocurrency exchange called BingX has announced plans to add STO to its Launchpool, offering users a zero-fee staking experience from April 2-7. With top exchanges like Binance and BingX supporting the new project, market sentiments around StakeStone are positive. Traders and investors are eagerly awaiting further details on the matter, while speculating if other exchanges will also join the fray.
In the midst of these developments, another crypto airdrop and listing event called Initia (INIT) has gained significant attention from investors. The event is closely monitored by investors looking to capitalize on early trading opportunities. Overall, the cryptocurrency market is buzzing with excitement as new projects like StakeStone and events like Initia’s airdrop gain traction. As the industry continues to evolve, it is essential for traders and investors to stay informed and seize opportunities for growth and profitability.
