Staked IP
STIP
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
STIP (Staked IP) is a liquid-staking receipt token for native IP on the Story blockchain. The asset suffers from severe data gaps, with Active Development, Community Support, and Team and Governance scoring -1.0 due to a complete absence of project-specific public data and team disclosure. For the remaining evaluated sections, STIP exhibits significant fundamental weaknesses: its market position is non-viable with $0 in Total Value Locked (TVL) after a 100% 30-day decline, making it effectively defunct. Tokenomics (5.0/10) reflect the underlying inflationary dynamics of Story Protocol issuance without STIP-specific mechanisms, while Security and Audit History (4.0/10) lacks any verifiable third-party smart contract audits. A third-party exploit of Unleash Protocol in December 2025 affected vault-held stIP, highlighting ecosystem custody risks, though it did not stem from a STIP contract flaw. Based on the proportional redistribution of available weights, the overall score is 3.7.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Staked IP (STIP)
STIP (Staked IP) is a liquid-staking receipt token deployed on the Story blockchain (contract address 0xd07faed671decf3c5a6cc038dad97c8efdb507c0). Issued through Meta Pool, the token was designed to represent staked positions of Story Protocol's native IP token, allowing holders to access liquid staking functionality within the Story network ecosystem.
The economic parameters of STIP are tied to the underlying issuance mechanics of the Story blockchain. Under Story governance proposal SIP-00009, annual network issuance was calibrated to 15,315,000 IP (approximately 1.1655 IP per block) to target an annualized staking yield of 6% to 7% while moderating inflation. A subsequent governance proposal, SIP-00010, proposed lowering the protocol's minimum staking requirement from 1,024 IP to 32 IP. The underlying IP asset retains an inflationary model without documented burn mechanisms, and STIP lacks standalone supply controls separate from underlying staking balances.
STIP has experienced a complete drawdown in adoption, with Total Value Locked (TVL) falling to $0 following a 100% 30-day decline, leaving the protocol effectively defunct in practice. The project maintains significant data gaps, with no publicly verifiable smart contract audit reports, active development repositories, or disclosed team and governance entities. In December 2025, stIP was affected by a third-party security incident when an unauthorized smart-contract upgrade and multisig hijack on Unleash Protocol resulted in the theft of approximately $3.9 million across several assets, including vault-held stIP; the exploit stemmed from Unleash Protocol's governance controls rather than a direct vulnerability in the STIP contract.