Great business models can be explained in one sentence. For example: Apple: A high-end mobile phone brand that integrates software and hardware Tesla: New energy electric vehicles accelerate the world's transition to sustainable energy Binance: Efficient Cryptocurrency Trading Ecosystem (New Era Casino) @Stake_Stone is also shaping its own great business model, with its grand blueprint being to become the "full chain liquidity distribution layer" of Web3. Taking the opportunity of StakeStone's official announcement snapshot, let me share my observations. 1/Vision - Full chain liquidity distribution layer Why did previous full chain protocols fail (at least not achieve the expected results)? For example, what these agreements do is like creating a set of laws that can be passed through various countries during the turbulent Spring and Autumn period, reducing wars and achieving peace. The vision is good, but it is difficult to achieve. It is not easy to build a full chain bottom layer in Web3, where liquidity is severely fragmented and various factions are vying for power (L1, L2). The difference between StakeStone and previous full chain protocols is that he has seized a pain point or tentacle with practical application scenarios: the project party needs more high-quality and long-term stable liquidity, while on-site and off-site funds are also seeking reliable interest earning opportunities. What StakeStone needs to do is to create a channel between high-quality projects and liquidity, reducing friction and shortening the path. As of now, StakeStone has delivered satisfactory answers as a "pipeline": Provide Manta with over 90% of the $1.3 billion TVL Provide Scroll with over 80% of active tvl worth up to $800 million StakeStone Berachain Vault achieves 430 million+TVL and 12w+users StakeStone Liquidity Pad's debut project Story earns $7 million in just 9 minutes Capital never sleeps. Capital in the capitalist economic system is essentially a self driving force that always seeks to maximize returns and maintains sustained activity for this purpose. As a full chain liquidity distribution layer, StakeStone has the potential to become one of the largest capital flow channels in the Web3 era. Its business is not unrealistic and its prospects are not small. 2/The Exchange and Token Economy STO token empowerment: Governance: Use STO voting to determine key issues, such as the flow of liquidity incentives Benefit: Liquidity providers can receive additional rewards in STO payments Upgrade to veSTO: Lock your STO to obtain veSTO, unlock more revenue sharing and greater governance influence StakeStone can be compared to Curve, both of which are liquidity/capital distribution centers and use the veToken mechanism. Therefore, the protocol flywheel is also consistent: veToken → More liquidity and more robust protocol → More revenue and sharing → More people buying tokens and locking them in → More liquidity and more robust protocol Don't worry about anything, StakeStone is led by Polychain and invested in both Binance and OKX, coupled with strong business performance, making it a top contender for the exchange. However, from a personal perspective, I don't want StakeStone to go online on too large an exchange right away, which could easily overdraw market expectations for the project and lead to a high opening. Steady and steady progress is the key.