Similar to Lido and Anchor Protocol, pSTAKE brings liquid... - Deepstash
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Similar to Lido and Anchor Protocol, pSTAKE brings liquid staking to the Cosmos ecosystem and allows ATOM and XPRT holders to integrate with DeFi on a deeper level.

As more projects launch or transition to the PoS model, a new class of protocols have emerged that are focused on offering liquid staking options that allow token holders to tap into the value held in their staked tokens while still earning a yield for locking their assets on the network.


19 reads


pSTAKE airdrop and ongoing developments

As a way to help increase community support and reward early adopters, the project launched an airdrop of its pSTAKE token, which will see 30 million pSTAKE distributed over the next six months to a variety of addresses including ATOM, OSMO and XPRT stakers.

On the development side, one of ...


10 reads

Heavy hitters back the project with a $10 million seed funding round

The pSTAK project is part of the Persistence (XPRT) protocol, a multi-chain tech stack that supports Cosmos (ATOM ), Ethereum (ETH ) and other Tendermint-based chains. The long-term m...


8 reads

Liquid staking comes to the Cosmos ecosystem

Lido, for instance, is a liquid staking protocol that already offers support for Eth2, Terra, Solana and Kusama, and has a TVL of $9.35 billion.

The main difference for pSTAKE is that it emerged out of the Cosmos ecosystem and has its main focus on increasing liquidity for other protocols ...


8 reads

<p>Since its launch, pSTAKE ha...

Since its launch, pSTAKE has offered liquid staking for Cosmos and XPRT, which have annual yields of 12% and 32%, respectively. Users who deposit ATOM or XPRT on the protocol receive stkATOM or stkXPRT in return, which can then be used for various functions in decentralized finance (DeFi), includ...


12 reads




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