pSTAKE: Zero to One
Originally published December 10, 2021.
This article aims to provide all necessary information required to begin your zero to one journey with pSTAKE.
Contents
- Introducing pSTAKE
- How Does it Work? User Example
- Progress So Far
- $PSTAKE Token Roles
- Get Started: pSTAKE User FAQ
pSTAKE user video tutorials are available here (for Keplr users) and here (for Ledger users).
Read the rest of this article on our official blog here: https://bit.ly/3Guiod0
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
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