Overview
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What is pSTAKE
pSTAKE is the protocol that unlocks liquidity for your staked assets. With pSTAKE, you can securely stake your Proof-of-Stake (PoS) assets, participate in protocol improvements and security to earn staking rewards, and receive 1:1 pegged staked representative tokens which can be used to explore yield opportunities across DeFi.
At present, pSTAKE supports Cosmos and Persistence networks’ native tokens with a view to support more chains and assets in the future.
pSTAKE issues staked representative tokens through a custom bridge built to tap into the growth of the Cosmos ecosystem while accessing the liquidity and composability of Ethereum. Users can either hold these representative tokens as ERC-20 to maintain the liquidity of their staked assets, or use them to discover yields offered by other DeFi protocols.
DetailsIEO (Coinlist Launchpad): Dec 16, 2021 - Dec 16, 2021Token supply: 500,000,000 PSTAKE Raised: 10,000,000 USD LegalCountry limitations: United States, China, Canada, South KoreaRegistration year: 2021 | Token infoTicker: PSTAKEType: Utility-token Token standard: ERC20 Token price in USD: 1 PSTAKE = 0.4 USD Accepted currencies: BTC, ALGO, SOL, ETH, USDC, USDT Token distribution: Alpha Launchpad - 2% Seed Sale - 20% Public Sale - 5% Team - 16% Incentivisation & Community Development - 26% XPRT Stakers - 3% Treasury - 20% Protocol Bootstrapping - 2% Retroactive Rewards - 6% |
pSTAKE Roadmap
Conceptualization and Ideation
MVP Design
pSTAKE Launch - Cosmos Network
stkATOM Defi Integrations
Alpha Launch & Bug Bounty
Security Audit - Phase 1
PSTAKE Validator Onboarding
pBridge Validator Onboarding
PSTAKE Launch - Persistence
PSTAKE Public Sale
PSTAKE Token Generation Event
Expansion to Other Cosmos Chains
PSTAKE App-Chain Implementation
PSTAKE Launch Ethereum 2.0 & Solana
PSTAKE v2 Launch
DeFi Integrations
PoS Indexes and Vaults
PoS Asset management