$PSTAKE Sale on CoinList: Step-by-Step Guide
Originally published December 10, 2021.
pSTAKE’s native governance token, $PSTAKE, is making its public debut on CoinList in the upcoming public sale. You can learn more about the role of $PSTAKE here.
5% of the total genesis supply (25M $PSTAKE) has been allocated for the public sale. The details of the sale structure can be found here.
While the intention of the sale is wide distribution of $PSTAKE tokens, we would also like to take this opportunity to stand by our promise of incentivising early pSTAKE users (both existing and new) to get involved with the pSTAKE ecosystem and contribute to the growth of the protocol. This will be achieved via a priority queue, as outlined below.
Read ahead to learn how to register for the $PSTAKE token sale on CoinList and for details about how you can access the priority queue by getting hands-on with the pSTAKE protocol.
Read the rest of this article on our official blog here: https://bit.ly/3IGMD2c
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.
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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.
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