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Nexthus launches stONE liquid staking token

Nexthus said on Tuesday it has launched stONE, a liquid staking token that allows ONE staked on Onechain to be used in token form. Users can transfer or trade deposited assets within the Onechain ecosystem while keeping staking rewards. Built on the ERC-4626 standard, stONE keeps token balances unchanged while the ONE redeemable per token rises as rewards accrue. Burning stONE returns the underlying staking position, though full unstaking still takes 14 days.