The Stone Finance

The Stone Finance combines decentralized yield protocols native to the Fantom Opera network that allows users to stake their assets with APR up to 80.000% APR. The Stone Finance currently offers 3 main features for users to earn passive income: Stone Bonds, Stone Shares, and Genesis Pools.

The primary function of $SBOND is to incentivize $STONE supply changes during an epoch contraction period. When $ STONE’s TWAP (Time Weighted Average Price) goes below 1, SBOND is issued and purchased at the current $STONE price, which burns $STONE and takes $STONE out of circulation (deflation) and helps to get the $STONE price back up to the peg.

$STONE SHARE is one way to measure the value of the STONE FINANCE and Shareholder Trust in its ability to keep $STONE close to the peg. The protocol mints $STONE and distributes it proportionately to all $STONE stakers throughout epoch expansions. Besides, $STONE holders have voting rights on suggestions to improve the protocol and future use cases in the Stone Finance ecosystem. (VOTING WHICH POOLS SHOULD WE ADD WEEKLY).

Last but not least, Genesis Pools enable users to earn FREE $STONE by depositing users’ tokens in the pools. (FTM, BOO, USDC, DAI supported). However, it only lasts two days, so you must hurry up to have a chance of earning 80,000% APR.

Moreover, The Stone NFT Marketplace will allow users to feature collections, with additional optional royalties on all NFTs from the collection. NFT contract developers on Fantom now have a one-stop shop to advertise and sell their collection.