pSTAKE’s Liquid Staking Solution for BNB

BNB Chain is a thriving ecosystem of DeFi (decentralized finance) solutions and products that’s taken the world by storm since its inception in 2019. As the network has grown in popularity, so has its user base, TVL (total value locked), and overall activity.

Now, the chain has accelerated to the fifth rank in terms of market capitalization (third layer-1 network behind Bitcoin and Ethereum) and first when it comes to overall network activity, with 3.3M+ daily transactions.

After months of rigorous development and careful testing, which included a partnership with Binance Labs and a series of audits by leading blockchain security firms, pSTAKE is now moving forward with its mainnet launch for BNB liquid staking.

Read the rest of this article on CoinMarketCap: https://coinmarketcap.com/community/articles/32880

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).