Guide to Depositing STONE Tokens on Reddio

Reddio has now enabled staking deposits for the STONE token, allowing users to earn double the Reddio staking points.

Here’s a step-by-step guide to help you get started:

Step 1: Access the STAKESTONE Staking Page

Go to the STAKESTONE staking page, connect your wallet, and switch to the Ethereum network:

https://app.stakestone.io/u/eth/stake

Step 2: Deposit ETH to Convert to STONE

In the DEPOSIT field, enter the amount of ETH you wish to deposit. The current exchange rate is 1 ETH = 1 STONE. For example, if you deposit 0.1 ETH, you will receive 0.1 STONE tokens.

• Currently, converting ETH to STONE provides an annual yield of 3.08% in ETH. This reward will be distributed when STONE tokens can be exchanged back for ETH in the future.

Step 3: Navigate to Reddio’s Deposit Page

After converting your ETH to STONE, go to the Stone - Fi page on STAKESTONE and directly access Reddio’s deposit page (or use this link: https://points.reddio.com/deposit?invite_code=CTJPM).

Step 4: Select STONE Tokens on Reddio

On Reddio’s DEPOSIT page, click on the dropdown menu next to the ETH option and select STONE tokens.

Step 5: Enter the Amount of STONE to Deposit

After selecting STONE, enter the amount you wish to deposit.

Currently, each 1 STONE token can generate 200 Reddio Staking Points per day, which is double the rate of depositing ETH.

Step 6: Check Your Deposit on Reddio

Once the deposit is complete, click on your wallet address in the top right corner, then go to PROFILE to check your deposit details.

Your staked STONE tokens will appear as rsvSTONE, allowing you to enjoy dual rewards from both Stakestone and Reddio without risk.