Alpaca Finance to Enable Leveraged Yield Farming for stkBNB & PSTAKE

pSTAKE is pleased to announce that we’re integrating with Alpaca Finance to bring leveraged yield farming opportunities to stkBNB and PSTAKE token holders.

Alpaca Finance is one of the largest lending protocols allowing leveraged yield farming on BNB Chain. At the time of writing, the platform has $541M+ in TVL (Total Value Locked), making it the third largest protocol within the BNB Chain ecosystem.

Read the full article on our official blog here: https://bit.ly/3dF7FUg

About pSTAKE

pSTAKE is a liquid staking protocol that unlocks liquidity for your staked assets. With pSTAKE, you can securely stake your Proof-of-Stake (PoS) assets, participate in protocol improvements and security to earn staking rewards, and receive staked underlying representative tokens (stkASSETs) which can be used to explore additional yield opportunities across DeFi.

At present, pSTAKE supports Binance Chain (BNB), Cosmos (ATOM), Persistence (XPRT), and Ethereum (ETH) networks’ native tokens, with a view to support more chains and assets in the future (SOL, and AVAX).