liquidity: News of pSTAKE Finance (PSTAKE) - July 2024 Price Update - 11.26% Breakout Crypto News and Analysis

Trade hard. Joy is coming

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pSTAKE Finance is a Bitcoin Yield and liquid staking protocol, backed by Binance Labs. With pSTAKE Finance, users can liquid stake BTC to get rewards from Babylon's Trustless BTC staking for securing other app chains while maintaining their liquidity, powered by institutional custody providers like Cobo. Accessing Bitcoin yields should not be complex, risky, or unsafe. With four years of liquid staking expertise and expert-curated yield strategies, pSTAKE Finance helps individuals and institutions put their BTC to work in BTCfi. pSTAKE Finance has partnered with leading blockchain security firms, such as Halborn, Hexens, Oak Security, Immunefi, Forta, and more, to offer a secure liquid staking product suite.

Explore the Core.

pSTAKE Finance is a Bitcoin yield and liquid staking protocol designed to enhance the liquidity and yield potential of Bitcoin holdings. It enables users to liquid stake BTC, earning rewards while maintaining asset liquidity through partnerships with security providers like Babylon. This innovative approach allows BTC holders to actively utilize their assets, generating passive income without sacrificing liquidity. The governance token, PSTAKE, incentivizes participation in the ecosystem, which is backed by notable investors including Binance Labs and Coinbase Ventures.

Spot the Main Event:

On the 29th of July,2024. pSTAKE Finance announced the Bitcoin Liquid Staking v1 on babylon_chain is now live with a 50 Bitcoin total deposit cap. This is a significant stride by the project. The staked assets added to the liquidity of the project,hereby spiking it price.

Explore the Core.

pSTAKE Finance is a Bitcoin Yield and liquid staking protocol, backed by Binance Labs. With pSTAKE Finance, users can liquid stake BTC to get rewards from Babylon's Trustless BTC staking for securing other app chains while maintaining their liquidity, powered by institutional custody providers like Cobo. Accessing Bitcoin yields should not be complex, risky, or unsafe. With four years of liquid staking expertise and expert-curated yield strategies, pSTAKE Finance helps individuals and institutions put their BTC to work in BTCfi. pSTAKE Finance has partnered with leading blockchain security firms, such as Halborn, Hexens, Oak Security, Immunefi, Forta, and more, to offer a secure liquid staking product suite.

Explore the Core.

pSTAKE Finance is a Bitcoin Yield and liquid staking protocol, backed by Binance Labs. With pSTAKE Finance, users can liquid stake BTC to get rewards from Babylon's Trustless BTC staking for securing other app chains while maintaining their liquidity, powered by institutional custody providers like Cobo

Student, Crypto Enthusiast

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pSTAKE is a multichain liquid staking protocol that allows users to earn DeFi yields while staking their proof-of-stake (PoS) assets. It offers liquidity solutions for locked PoS assets through the issuance of stkASSET tokens. pSTAKE prioritizes security and capital efficiency, providing opportunities for staking rewards and DeFi opportunities. The platform supports networks such as Cosmos, Ethereum, and BNB, and has partnerships with various DeFi partners.

Spot the Main Event:

In a major development for Bitcoin-native DeFi, pSTAKE Finance recently unveiled liquid staking for Bitcoin. Based on Babylon's Bitcoin staking protocol, this solution aims to simplify Bitcoin staking and provide new yield generation opportunities. This has generated capital inflow into the pSTAKE ecosystem as new users and OG investors continue to accumulate the native $PSTAKE token. pSTAKE Finance aims to streamline the staking process, thus enabling Bitcoin holders to engage in yield-generation activities without sacrificing the liquidity of their assets. This approach is anticipated to optimize yield opportunities for users and expand the utility of Bitcoin within the broader digital asset ecosystem.

To God be the Glory

Explore the Core.

pSTAKE Finance is a Bitcoin Yield and liquid staking protocol, backed by Binance Labs. With pSTAKE Finance, users can liquid stake BTC to get rewards from Babylon's Trustless BTC staking for securing other app chains while maintaining their liquidity, powered by institutional custody providers like Cobo. Accessing Bitcoin yields should not be complex, risky, or unsafe. With four years of liquid staking expertise and expert-curated yield strategies, pSTAKE Finance helps individuals and institutions put their BTC to work in BTCfi. pSTAKE Finance has partnered with leading blockchain security firms, such as Halborn, Hexens, Oak Security, Immunefi, Forta, and more, to offer a secure liquid staking product suite.

web developer

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pSTAKE Finance: Simplifying Staking pSTAKE Finance is a liquid staking protocol designed to simplify the process of staking cryptocurrencies. It aims to address the challenges faced by users who want to participate in staking but lack the technical expertise or desire to manage their own staking nodes. Solving Big Problems Complexity: Staking can be complex and requires technical knowledge. pSTAKE simplifies this process by allowing users to stake their assets without the hassle of node management. Illiquidity: Staked assets are typically locked up for a certain period, limiting their liquidity. pSTAKE offers liquid staking derivatives, allowing users to retain access to their funds. Minimum Stake Requirements: Many staking protocols have high minimum stake requirements, excluding smaller investors. pSTAKE aims to lower these barriers to entry. Innovative Use Cases Liquid Staking Derivatives: pSTAKE's core offering is the creation of liquid staking derivatives, which can be traded on decentralized exchanges (DEXs). Yield Farming and Lending: By providing liquidity to the platform, users can earn additional rewards through yield farming and lending protocols. Decentralized Governance: pSTAKE can potentially play a role in decentralized governance by allowing token holders to participate in decision-making processes.

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