A step-by-step guide to the STONE fund.
1. Getting Started
To begin, follow these simple steps:
- Choose the correct network: Tranchess STONE Fund is deployed on Scroll.
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- Connect your wallet: Start by connecting your Scroll-compatible wallet to the Tranchess platform. We support popular wallets such as MetaMask, Rabby Wallet, and WalletConnect.
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- ETH for gas: You need some ETH on Scroll for the gas fee. (Of course, STONE tokens also need to be on Scroll.)
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⚠️ Register your wallet address in StakeStone Carnival before the event is over (October 8, 2024)! Although you start accumulating points as soon as you hold turPSTONE, stoneQUEEN, and/or staYSTONE-STONE LP, StakeStone cannot recognize and count your points until you register the address in StakeStone Carnival and activate the points under it. (Tranchess Official Invite Code: CHESS)
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2. Understanding the Tokens
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- stoneQUEEN: Swap stoneQUEEN 1:1 with STONE. Every stoneQUEEN can be split into 0.1 turPSTONE and 0.9 staYSTONE. Similarly, every 1 turPSTONE and 9 staYSTONE can be merged into 10 stoneQUEEN. The ratio is always 1⇌0.1+0.9.
- Just like STONE, stoneQUEEN earns 1x StakeStone points. However, you can double the multiplier into 2x with just one extra step and no slippage or loss of any kind: splitting stoneQUEEN into turPSTONE and staYSTONE. There is no fee for split/merge.
- stoneQUEEN earns Scroll Marks based on its value in USD.
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- staYSTONE (Stable Yield STONE): Short for "Stable Yield STONE", staYSTONE earns a fixed interest of 6%. Don't confuse the fixed APR with the staking yield. The staking yield paid to STONE holders is separate from the fixed yield and will not be affected.
- You can swap staYSTONE back to STONE anytime you want, or hold it until the fund ends, when all staYSTONEs will be converted back to STONE.
- staYSTONE doesn't earn any STONE points.
- staYSTONE earns Scroll Marks based on its value in USD.