GOAT Network will collaborate with StakeStone to launch the second phase of LiquidityPad, becoming the first yield enhancement scenario for its voting escrow token veSTO

ChainCatcher news, the BTC L2 solution GOAT Network will collaborate with the full-chain liquidity infrastructure StakeStone to launch the second phase of the StakeStone LiquidityPad BNB Chain deposit activity, which will become the first yield enhancement scenario for its voting escrow token veSTO. veSTO is a voting escrow token model launched by StakeStone, where veSTO holders will receive governance voting rights, mining yield enhancements, and bribery income, among other benefits. Protocol income such as platform fees will support token burn exchanges. The official statement indicates that this innovative token model design mechanism aims to build a protocol with a true value closed loop.

Users participating in this event will have the opportunity to receive rewards including: 100,000 STO tokens early bird rewards, BTC staking yields, and 2x Goat points. The official stated that in the future, veSTO holders will also receive additional point yield enhancements.