We are pleased to announce that we have made strategic cooperation with Steakbank.Finance, a Binance Smart Chain (BSC) liquid staking platform, that aims to solve the liquidity issues found in the current decentralized finance (DeFi) sector.
Steakbank.Finance will provide Stone Defi with the support of increasing asset liquidity on the Binance Smart Chain through our cooperation. Stone is working on BSC integration at the moment and will launch on the network in a few days. The two parties will carry out in-depth cooperation to promote the use of liquid assets on both platforms in the future.
SteakBank is a Binance Smart Chain (BSC) liquid staking platform. It allows derivative tokens to be issued on the BSC blockchain through the BEP20 standard. These representative tokens can then be used for liquidity farming or as collateral for decentralized lending, enabling users to earn multiple income streams from one single asset.
Stone is the only yield management framework focused on creating Rock Solid Yield for all the users in the DeFi space, through cross-chain assets and liquid staking. Stone aims to create the most antifragile platform to meet the needs of the DeFi industry. With the inclusion of yield-bearing assets introduced by Stone, it will further create yield-based derivatives such as ‘Risk Optimized’ Yield indices and other derivatives.