pSTAKE, a liquid staking protocol that unlocks liquidity for staked assets, announced that its BNB liquid staking solution (stkBNB) is now live on mainnet. Users can leverage their stkBNB tokens to track DeFi opportunities across the BNB chain ecosystem.
stkBNB launched today and is now live on PancakeSwap to provide liquidity pooling, yield farming and yield optimization. More integrations with other BNB chain protocols are expected in the near future.
“After months of rigorous development and painstaking testing that included a partnership with Binance Labs and a series of audits by leading blockchain security firms, pSTAKE is now moving forward with its mainnet launch for BNB liquid staking.”
– The pSTAKE team
pStake app (bnb.pstake.finance)
Simply by staking their BNB on pSTAKE, users receive around 5% auto-compound staking rewards. stkBNB is a BEP20 token compatible with Metamask, Binance Web Wallet, Trust Wallet and Math Wallet.
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