Stakers deposit funds into StakeStone and receive a return on investment in the form of staking rewards (supply-side fees). StakeStone then deploys the staked capital to Lido.

StakeStone is an omni-chain LST (Liquid Staking Token) protocol aiming to bring native staking yields and liquidity to Layer 2s. StakeStone was founded by a anonymous team and launched in 2023.

StakeStone team controls the protocol. They do not currently take a cut of the total staking rewards earned by the protocol (revenue).

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Liquid staking

StakeStone

# Circulating supply Methodology

## Overview

Circulating supply measures the number of tokens that are currently available for trading on the open market. It excludes tokens that are locked, unvested, or held in the project’s own treasury.

Number of tokens currently available for trading on the open market.

StakeStoneSTO

Circulating supply

Circulating supply

Competitive landscape