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StakeStone Campaign: A Berachain Airdrop Guide

5 min read · · Korean original

Contents 6
  1. What is StakeStone?
  2. What is Berachain?
  3. Features and Advantages of the StakeStone Berachain Vault
  4. How Do You Earn Berachain Airdrop Points?
  5. How to Get Early Bird Rewards and Referral Rewards
  6. Wrapping Up

Have you heard of StakeStone? If you hold Ethereum or Bitcoin, you can stake your assets through StakeStone and earn Berachain points.

StakeStone Campaign: A Guide to Farming Berachain Airdrop Points

In this post, we'll walk through what StakeStone is and how to get airdrop rewards and extra boosting benefits, as simply and thoroughly as possible.

What is StakeStone?

StakeStone is a multichain liquidity infrastructure platform that lets you efficiently manage the liquidity of various assets. Sounds a bit complicated?

Put simply, it's a DeFi staking platform: when you deposit assets into StakeStone, they're put to work in DeFi, lending and staking, and the rewards generated are shared with you.

StakeStone supports a range of blockchain networks, including Ethereum, Bitcoin, Polygon and Avalanche, which has the advantage of letting you manage assets across multiple networks from a single platform.

StakeStone recently began supporting airdrop point farming through a partnership with Berachain, and the assets deposited in the Bera Vault have now surpassed $370 million.

StakeStone Berachain Vault TVL

What is Berachain?

Berachain is an EVM-compatible Layer 1 blockchain platform that uses Proof of Liquidity as its consensus algorithm.

Participants in the Berachain network stake assets to help secure the network and receive rewards in return. A key feature of this structure is that it can strengthen both the network's security and its liquidity at the same time.

Berachain and Proof of Liquidity (compared with Proof of Stake)

Berachain has raised more than $100 million from investors including Polychain Capital, Hack VC and HashKey, and it is currently working with various platforms such as StakeStone to offer a system for farming points before its token launch.

Features and Advantages of the StakeStone Berachain Vault

StakeStone recently launched the Bera Vault campaign in partnership with Berachain.

In the Bera Vault, users can deposit Ethereum or Bitcoin and farm not only Bera points but also airdrop points from StakeStone, Dolomite and others at the same time.

Farming Berachain and various other points through StakeStone

So what are the features and advantages of StakeStone's Berachain Vault?

1. Deep Liquidity

The Berachain Vault currently holds a total of $370 million in deposited assets, making it one of the largest Ethereum pools on Uniswap. Thanks to this deep liquidity, you can instantly swap your staked assets and withdraw them.

2. Transparent Asset Management

All assets on StakeStone are managed transparently, and the platform provides an automated system that distributes points and rewards automatically through smart contracts.

3. A Variety of Earning Opportunities

You can deposit not only Ethereum but also wrapped Bitcoin and more, and through partnerships with Pendle, Morpho and others, the platform offers a variety of earning opportunities.

How Do You Earn Berachain Airdrop Points?

By depositing the Ethereum and Bitcoin you hold into StakeStone's Bera Vault, you can start farming points for the Berachain airdrop.

1. Open the Berachain Vault

Go to the StakeStone Berachain Vault.

Opening the StakeStone Berachain Vault

2. Connect Your Wallet

Click the [Connect Wallet] button at the top right to connect MetaMask or the OKX Web3 Wallet.

Connecting a personal wallet to StakeStone

3. Enter the Invite Code

Enter the invite code 0410E to apply an extra 10% point boost. The invite code can only be entered once, after you connect your wallet.

Entering the StakeStone Berachain invite code

4. Deposit Your Assets

You can deposit ETH and BTC on the Ethereum network into the Berachain Vault. Supported assets are ETH, STONE, WETH, SBTC, WBTC and cbBTC.

Selecting and depositing assets on StakeStone

  • For example, if you deposit ETH, you receive $beraSTONE at a 1:1 ratio.
  • Or you can deposit WBTC and receive $beraSBTC.
  • If you want an extra point boost, keep about half of your assets aside for providing liquidity in the next step!

5. Extra Boosting (Uniswap and DeFi)

If you supply assets to liquidity pools such as $beraSTONE/ETH or $beraSBTC/WBTC on Uniswap, you can get a 5–6x point boost.

When you do, don't forget to set an appropriate price range so that the liquidity you provide stays active and your points accrue smoothly.

Providing liquidity on Uniswap

6. Check Your Points

Once you've completed all the steps above, points for the Berachain airdrop will start accruing on the StakeStone platform.

Points are updated every 12 hours, and you can check them on the StakeStone dashboard.

How to Get Early Bird Rewards and Referral Rewards

StakeStone is currently running an early bird campaign: the first 10,000 users to deposit 0.0015 or more of WBTC, cbBTC or SBTC can receive a total of $STO tokens as rewards.

In addition, StakeStone participants can create and share their own unique referral code to earn extra rewards.

  • Referrer: receives 20% of the new user's points as a commission
  • User who used the invite code: receives an extra 10% on top of their points

Wrapping Up

As Berachain's token launch draws closer, more and more investors are depositing Bitcoin and Ethereum into StakeStone's Berachain Vault to farm airdrop points.

By depositing Ethereum and Bitcoin into the Berachain Vault, you can easily join the Berachain campaign and quickly experience the whole process of using Proof of Liquidity incentives going forward.

That wraps up our look at StakeStone's Berachain campaign. For more details, you can also check the StakeStone website and Berachain.

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