Gate News message, April 27 — Staynex’s native token, $STAY, will launch on a major centralized exchange today at 19:00 UTC+8, following previous listings on other platforms. The project integrates AI and Web3-driven travel planning, hotel discovery, membership benefits, and token rewards into a unified ecosystem.
$STAY has a fixed total supply of 100 billion tokens with an initial circulation of only 3% at TGE. The project follows a distribution model with no VC funding, no private sales, and zero team token unlocks, providing stronger market-driven characteristics from launch. Users holding $STAY can unlock tiered membership benefits including travel discounts, staking rewards, and airport lounge access. Additionally, the platform allocates 20% of its revenue for token buybacks, linking platform growth with token value appreciation.
The latest listing reflects Staynex’s accelerated global expansion strategy, which includes acquiring European Web3 travel platform Sleap and onboarding over 40 ecosystem partners. The project continues to iterate on its product while planning further exchange listings.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bermuda Launches Onchain Economy Plan With USDC Airdrop to Boost Stablecoin Adoption
According to Premier David Burt, Bermuda is launching an 'onchain economy' plan aimed at integrating stablecoins into everyday commerce. The initiative includes a USDC airdrop and is designed to attract cryptocurrency firms while gaining support from
GateNews25m ago
Saylor backtracks, may sell BTC to pay dividends: Strategy’s Q1 loss is $12.5 billion
Strategy (formerly MicroStrategy, Nasdaq: MSTR) announced its 2026 Q1 financial results on May 5—driven by BTC’s price dropping to $62k at one point in February. The company recognized $14.46 billion in unrealized impairment; Q1 recorded a net loss of $12.54 billion. CEO Michael Saylor made his first hint during the earnings call: he may sell some BTC to fund a special-stock dividend. CoinDesk reported, citing Saylor’s exact words: “We will probably sell some bitcoin to pay a dividend just to i
ChainNewsAbmedia2h ago
Midnight NIGHT Token Reaches Top Five Most-Held on Cardano With 71,000 Holders
According to Cardanians, the Midnight NIGHT token reached the top five most-held tokens on Cardano with 71,000 holders on May 6, 2026. The token achieved this milestone through its unique distribution mechanisms, including Glacier Drop and Scavenger Mine, which aimed to ensure fair allocation and re
GateNews8h ago
Strategy May Sell Bitcoin to Fund STRC Dividends as Annual Obligations Reach $1.5B
According to its first-quarter 2026 earnings call, Strategy said it may sell bitcoin to fund dividend payments tied to STRC, its high-yield perpetual preferred stock, marking a departure from its long-standing "never sell" stance. Chairman Michael Saylor stated the company would use bitcoin sales as
GateNews8h ago
Michael Saylor breaks the “never sell” stance: Strategy or selling BTC to pay dividends
Michael Saylor first indicated that he may proactively sell Bitcoin to pay dividends, breaking the long-standing “never sell” commitment. This article analyzes the reasons behind the change in stance, the impact on the market, and the subsequent trends.
GateInstantTrends10h ago
Bitcoin Rises on STRC-Based On-Chain Ecosystem Activation Expectations, May 6
According to Park Sang-hyuk, editor-in-chief of Digital Asset, Bitcoin rose on May 6 as market expectations grew around Strategy's STRC-based on-chain ecosystem activation. STRC, a perpetual preferred share token from the world's largest Bitcoin holder Strategy, is being positioned as collateral
GateNews11h ago