pSTAKE is a liquid staking protocol that unlocks the true potential of staked PoS assets (e.g., ATOM).

What is pSTAKE built for?

pSTAKE is a multi-chain liquid staking protocol that unlocks the liquidity of PoS assets by issuing staked representative tokens against users’ bonded assets, allowing them to earn DeFi yields on top of staking rewards. pSTAKE’s liquid staking solution is live on 3 chains, namely Cosmos, Ethereum, and Persistence.

What blockchain protocol does pSTAKE runs on?

pSTAKE is a product of Persistence, a layer 1 Blockchain network that focuses on decentralized finance (DeFi) applications that unlock the liquidity of staked assets.

pStake simply explained

What is the protocol fee charged by pSTAKE for the first 90 days?

Does pSTAKE charge for the service? No, the protocol doesn’t charge any fees. 100% of earned rewards will be distributed to BNB holders who stake through pSTAKE.

How much is pSTAKE worth?

The current price is $0.0590 per PSTAKE.

What is the total genesis supply of Pstake?

500,000,000

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How do I get a pSTAKE?

Use your ETH to buy Pstake Finance in the trade tab Once you’ve added ETH to Coinbase Wallet, you can you can swap your ETH for pSTAKE Finance right in the mobile app or browser extension. Tap or click the “Swap” icon in the Assets tab, then select “Choose asset” and pick pSTAKE Finance.

What is the total genesis supply of pSTAKE?

500,000,000

What is Peel token?

PEEL is the governance & native gas token. All NFT purchases will be used to buy back & burn PEEL. Additionally, PEEL token holders will be able to stake their PEEL and spend it on select critical in-game activities, such as the final upgrade of the NFT fighter.

stkBNB User Guide (BNB Liquid Staking Tutorial) | pSTAKE Finance

How does proof of stake generate money?

When a cryptocurrency uses proof of stake, that means it relies on a method known as staking rather than mining. Staking is a way to earn passive income by helping run a blockchain network. Among the major cryptocurrencies that use proof of stake are Ethereum, Cardano, Solana and Polkadot.

Which blockchain is Solana built?

Solana’s blockchain operates on both a proof-of-history (PoH) and proof-of-stake (PoS) consensus model.

Is proof-of-stake still blockchain?

Proof-of-stake is a cryptocurrency consensus mechanism for processing transactions and creating new blocks in a blockchain. A consensus mechanism is a method for validating entries into a distributed database and keeping the database secure.

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What is the name of Solana Blockchain?

Solana’s cryptocurrency is SOL. It is Solana’s native and utility token that provides a means of transferring value as well as blockchain security through staking. SOL was launched in March 2020 and has strived to become one of the top 10 cryptocurrencies entering the space by means of total market capitalization.

How do you avoid selling fees on crypto?

How to keep crypto trading fees low

How do you avoid buying fees on crypto?

Buying with a credit or a debit card will have a 2.99% fee, and if you exchange crypto within your account, the transaction will be free.