pSTAKE Description

To maintain liquidity of assets that are otherwise locked, you can stake and receive stkASSETs. You can explore DeFi opportunities with liquid stkASSETs and earn staking rewards. Swap stkASSETs directly for native assets to skip the unstaking and unbonding process. pSTAKE is a liquid-staking protocol that unlocks the liquidity of staked assets. PoS token holders can now stake their assets and maintain liquidity. Users can stake their assets with pSTAKE and earn staking reward. They also get 1:1 pegged staked representative tokens, or STKTOKENs, which can be used in DeFi for additional yield (yield above the staking rewards). pSTAKE, a liquid staking protocol, unlocks the true potential for staked PoS assets (e.g. ATOM). PoS token holders can deposit their tokens onto pSTAKE to mint 1:1 pegged ERC-20 wrapped unstaked tokens, represented as pTOKENs (e.g. pATOM).

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Company Details

Company:
pSTAKE Finance
Website:
pstake.finance/

Media

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Product Details

Platforms
SaaS
Type of Training
Documentation
Customer Support
Online

pSTAKE Features and Options