pSTAKE Integrates with Wombat Exchange to Enable stkBNB Liquidity Providing & Swaps
We’re thrilled to announce our latest partnership with Wombat Exchange to integrate seamless swaps between stkBNB and BNB using their sidepool architecture, in addition to stkBNB single-sided liquidity providing for yield opportunities.
Wombat Exchange is a stableswap protocol and 3rd largest DEX built on BNB Chain offering liquidity pools, low slippage, and single-sided staking where users can maximise their DeFi yields. The platform currently has $151M+ in TVL (Total Value Locked) and support for 5 tokens, continuing to grow.
Read the full article on our official blog here: https://bit.ly/3E9XnGP
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).