BNB Chain launches liquid staking feature through Ankr, Stader, and pSTAKE
Chain Catcher news, BNB Chain launches liquid staking feature through Ankr, Stader, and pSTAKE, allowing users to earn interest by allocating BNB tokens to liquid staking protocols and receiving tradable aBNBc, BNBX, and stkBNB tokens. The stablecoin trading platform Wombat Exchange has joined the liquid staking network, which currently locks a total of 101,100 BNB, equivalent to 30 million USD.
BNB Chain's Investment Director Gwendolyn Regina stated, "Only 24% of the total market cap of staking platforms is locked in staking, and we aim to reduce concentration risk by utilizing three competitive protocols to avoid single points of failure." (source link)
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