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.