Introducing the StakeStone Points Boosting Program

Rho Markets
3 min readJun 26, 2024

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Introducing @Stake_Stone‘s $STONE to our Supply Pool, STONE, the Liquid ETH backed by an adaptive staking network!

StakeStone is pioneering a revolutionary staking network anchored in the shared security of Ethereum and Bitcoin. By leveraging ETH and BTC, StakeStone is creating the first stable, yield-bearing asset, STONE, that is widely trusted and adopted. StakeStone’s cutting-edge architecture supports multiple consensus mechanisms, making it versatile and adaptable to various blockchain environments. This compatibility enhances the robustness and reliability of our staking solutions, which feature optimized yields with an adjustable portfolio of underlying assets.

Supply $STONE in Rho Markets supply pool for rewards from multiple sources

  • Scroll Marks
  • RXP (Rho Loyalty Points)
  • Eigen Points
  • 2X W1 Stone Points

What is StakeStone Omnichain Carnival?

  1. StakeStone’s omnichain carnival wave one early access has started. Users who activated their account during early access can get a 15% boost in Wave One. The early access period is 4-days.
  2. Deposit STONE in Wave One to get a share of 3% of StakeStone’s total supply, please note that the maximum deposit limit for wave one is 200,000 STONE
  3. StakeStone will provide more than 6.5%+ total supply for incentives in different Waves.

What is StakeStone Omnichain Carnival Wave 1 & STONE in Scroll?

  • StakeStone’s 3% total supply will be distributed based on the amount of STONE deposited by users in Wave One.
  • Bridge STONE to Scroll, hold STONE or use STONE on Scroll to gain STONE-W1 points. To get more points, join the campaign earlier, or invite more friends to join the campaign.

More details please read on:
https://medium.com/@official_42951/stakestone-omnichain-carnival-6a4fc10ebe4f

How to achieve Multi-Layer points yield in Rho Markets?

https://dapp.rhomarkets.xyz/

First, bridge your STONE assets to the Scroll network. Then, supply STONE in the Scroll Rho Markets Supply Pool. This will allow you to enjoy multi-layer points yield, including Scroll Marks, RXP (Rho Loyalty Points), Eigen Points, and a 2X multiplier for W1 Stone Points!

Tips for achieve maximum points yield:

supplying STONE in Rho Markets on the Rho website

→ borrowing ETH (or other assets)

→ get STONE with ETH (or other assets), using Router Protocol

→ re-supply STONE!

Where can I check my points?

Check ur W1 Stone Points & Scroll Points here: http://carnival.stakestone.io

http://carnival.stakestone.io

Check ur RXP here: dapp.rhomarkets.xyz

Last words…

In the future, we are excited to deepen our collaboration with StakeStone! Expect dynamic marketing initiatives and groundbreaking new features, including seamless cross-chain redemption. Stay tuned!

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