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pSTAKE

Expanding the pSTAKE Validator Ecosystem

Originally posted February 8, 2022.

After launching with a set of six initial safelisted validators in July 2021, pSTAKE is now expanding its validator ecosystem. This will assist in furthering the decentralisation of the underlying supported networks.

Read the rest of this article on our official blog here: https://bit.ly/34lIBNE

About pSTAKE

pSTAKE is a liquid staking solution that unlocks the potential of staked PoS assets (e.g. ATOM). PoS token holders can stake their tokens via the pSTAKE application to receive stkASSETs (ERC-20 representative assets of the respective underlying tokens) that can then be transferred to other wallets or smart contracts on the Ethereum network to generate additional yield.

Currently, pSTAKE issues ERC-20 liquid staking representative tokens on the Ethereum network, with a long-term aim of building a multi-chain protocol issuing liquid staked representatives on multiple networks including the Persistence Core-1 chain.

We have a bag full of new features and an exciting roadmap for the coming months, so follow our socials below to stay up-to-date with the latest developments.

Website | Twitter | Telegram | Discord | Blog | YouTube | Forum

Developed by Persistence

Persistence is a Tendermint-based, specialised Layer-1 network powering an ecosystem of DeFi applications focused on unlocking the liquidity of staked assets.

Persistence facilitates the issuance and deployment of liquid-staked stkASSETs, allowing users to earn staking rewards while participating in DeFi primitives, such as lending/borrowing and liquidity provisioning on DEXs.

Persistence aims to offer a seamless staking and DeFi experience for PoS (Proof-of-Stake) users and enable developers to build innovative applications around stkASSETs.

Join Our Movement

Twitter | LinkedIn | Telegram | YouTube | Reddit | hello@persistence.one

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pSTAKE Finance

pSTAKE Finance

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Liquid staking protocol unlocking the liquidity of staked PoS assets. Read more articles at http://blog.pstake.finance.