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Binance Launches StakeStone (STO) HODLer Airdrop and Listing

Binance Launches StakeStone (STO) HODLer Airdrop and Listing

byHarsh Chauhan
May 2, 2025
in Cryptocurrency Exchange News

Binance, a well-known cryptocurrency exchange, has announced the launch of the StakeStone (STO) HODLer Airdrop which is the 17th project in its HODLer Airdrops program. The airdrop targets BNB holders who subscribed their BNB to Simple Earn (Flexible and/or Locked) or On-Chain Yields products between April 27, 2025, 00:00 (UTC) and April 29, 2025, 23:59 (UTC).

Binance announces StakeStone being added to HODLer Airdrop
Binance announces StakeStone being added to HODLer Airdrop

The eligible users will be receiving their STO token directly in their Spot Accounts, an hour before the spot trading begins.

Tokenomics

From the announcement, StakeStone is giving away 15 million tokens to people who held BNB in certain products from April 27-29 2025. This airdrop represents 1.5% of the total token supply and another 15 million tokens will be used for carrying out marketing campaigns later.

During listing on Binance, the circulating supply will be 225,333,333 STO which will be 22.53% of the total supply. The STO token will be listed on Binance at 16:00 (UTC) on May 2, 2025, with trading pairs available against USDT, USDC, BNB, FDUSD, and TRY.

Tokenomics and Airdrop details
Tokenomics and Airdrop details

The users will be able to start depositing their StakeStone STO tokens two hours before the trading opens. The token will also be carrying the Binance Seed tag, indicating its new listing status. STO smart contracts are deployed on both BNB Smart Chain and Ethereum.

There is no listing fee for STO and to make sure that there is a fair distribution, the maximum BNB holding considered per user for the airdrop calculation has been capped at 4% of the total average BNB holding. If any of the user’s holding exceeds this ratio, it will be adjusted down to 4%.

How is StakeStone’s Token Different from Other Similar Tokens?

StakeStone’s STO is different because it is a regulated investment token that is connected to real assets. It helps people turn their assets into digital tokens that can be easily bought and sold on multiple blockchains. As the token is regulated and transparent, it attracts big investors and institutions, setting itself apart from the other similar tokens.

How HODLer Airdrop Work

The HODLer Airdrops program rewards BNB holders based on hourly average balances, which are calculated from random snapshots during the eligibility period. The rewards are earned simply by subscribing to Simple Earn or On-Chain Yield and users become eligible for these airdrops, with no further action required.

Next Steps

The airdrop page will be made live on the Binance Airdrop Portal within hours. STO deposit opens two hours before the spot trading begins and STO will be removed from Binance Alpha Market as soon as the spot trading is live.

Also Read: WEMIX Plummets 45% as South Korean Exchanges Delist Token

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Harsh Chauhan

Harsh Chauhan

Harsh is a seasoned crypto journalist and editor at NameCoinNews. With a wealth of experience across various industries, he has extensively covered Crypto, Blockchain, Web3, NFT, and AI. Holding a Blockchain Foundation certification, Harsh consistently delivers timely updates and incisive analyses, capturing the essence of the crypto industry.

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