AlienX Teams Up with StakeStone, Offering 1 Million vAIX in Rewards

IconCryptoNewsTerminal Staff21 May, 2024

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AlienX Teams Up with StakeStone, Offering 1 Million vAIX in Rewards

AlienX (ALIENX), the Layer 3 network launched by the NFT aggregator trading platform AlienSwap, has announced a strategic partnership with omnichain liquidity infrastructure StakeStone. This collaboration aims to enhance the AlienX ecosystem by providing liquidity and staking opportunities to its users. As part of this partnership, AlienX will allocate 1 million vAIX tokens as staking rewards for cStone, StakeStone's native utility token. vAIX is the governance token of the AlienX network, and holders can participate in network decisions and earn rewards. This integration will enable AlienX users to benefit from StakeStone's robust liquidity infrastructure, which connects multiple blockchain networks and facilitates efficient cross-chain asset transfers. The partnership is expected to strengthen the AlienX ecosystem by providing users with access to a wider range of liquidity pools and staking options. Overall, the strategic partnership between AlienX and StakeStone is a positive step towards expanding the AlienX ecosystem and offering more value to its users. The addition of 1 million vAIX in cStone staking rewards further incentivizes users to participate in the network and contribute to its growth.