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WebsiteCoinlist Launchpad

pSTAKE (PSTAKE)

IEO
pSTAKE bounty

pSTAKE is a liquid staking protocol unlocking the liquidity of staked assets.

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Overview

Project industryFinance Services & Banking / Cosmos Ecosystem / Ethereum Ecosystem / DeFi
Product typeProtocol
FoundedSingapore
WhitepaperpSTAKE White Paper Open

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.

Details

IEO (Coinlist Launchpad): Dec 16, 2021 - Dec 16, 2021
Token supply: 500,000,000 PSTAKE
Raised: 10,000,000 USD

Legal

Country limitations: United States, China, Canada, South Korea
Registration year: 2021

Token info

Ticker: PSTAKE
Type: 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

1
Q4 2020

Conceptualization and Ideation
MVP Design

2
Q1 2021

pSTAKE Launch - Cosmos Network
stkATOM Defi Integrations

3
Q2 2021

Alpha Launch & Bug Bounty
Security Audit - Phase 1

4
Q3 2021

PSTAKE Validator Onboarding
pBridge Validator Onboarding

5
Q4 2021

PSTAKE Launch - Persistence
PSTAKE Public Sale

6
Q1 2022

PSTAKE Token Generation Event
Expansion to Other Cosmos Chains

7
Q2 2022

PSTAKE App-Chain Implementation
PSTAKE Launch Ethereum 2.0 & Solana

8
Q3 2022

PSTAKE v2 Launch
DeFi Integrations

9
Q4 2022

PoS Indexes and Vaults
PoS Asset management

Project team

Tushar Aggarwal
Tushar Aggarwal
Co-Founder and CEO at Persistence
Tushar Aggarwal linkedin
Deepanshu Tripathi
Deepanshu Tripathi
Co-Founder and CTO at Persistence
Deepanshu Tripathi linkedin
Mikhil Pandey
Mikhil Pandey
Project Lead at pSTAKE
Mikhil Pandey linkedin
Kamlesh Parikarath Marar
Kamlesh Parikarath Marar
Engineering Lead at pSTAKE
Kamlesh Parikarath Marar linkedin

Social media

pSTAKE web-sitepSTAKE RedditpSTAKE MediumpSTAKEYouTubepSTAKE TelegrampSTAKE LinkedInpSTAKE X (Twitter)pSTAKE Github

MVP

MVP URL

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