StakeStone has announced its integration with Sonic Labs, opening new opportunities for users to unlock liquidity and boost yield. Participants can now maximize rewards by utilizing StakeStone’s products within the Sonic ecosystem. The integration focuses on bringing more benefits to users in decentralized finance. This partnership aims to give users more efficient ways to earn yield while supporting the evolving DeFi landscape.
Introducing the Sonic Gateway
Sonic Gateway is all set to revolutionize how users interact with liquidity on Sonic. The Gateway simplifies bringing liquidity into the ecosystem, allowing users to earn through StakeStone seamlessly. Participants can tap into passive income streams and enhance their crypto portfolios.
StakeStone and Sonic Labs are offering an exciting incentive for early users. By interacting with the StakeStone ecosystem on Sonic, users can be eligible for a lucrative airdrop. Early participation is encouraged, as it often results in rewards for contributing to the platform’s liquidity.
Fee Monetization Program: Support for StakeStone Users
One of the standout features of this integration is Sonic’s Fee Monetization program, which allows up to 90% of transaction fees from StakeStone’s app to go directly to the users, not the validators. This initiative supports StakeStone’s goal of maximizing user rewards and ensuring more efficient yield generation within the platform.
Integrating StakeStone with Sonic Labs presents an ideal opportunity for liquidity providers. As more liquidity is funneled into Sonic through the Gateway, users can benefit from enhanced earning potential, making their assets work harder for them. StakeStone ensures that robust reward mechanisms accompany this seamless liquidity transfer.
This collaboration is more than just a yield-earning opportunity; it signals the future of liquidity in DeFi. Sonic Labs and StakeStone are working together to build a sustainable, user-centric ecosystem, allowing early adopters to benefit from ongoing rewards and innovations.
Source: https://blockchainreporter.net/stakestone-partners-with-sonic-labs-for-greater-yield-and-liquidity-in-defi/