The liquid staking protocol pSTAKE Finance launches a Bitcoin liquid staking solution based on Babylon

2024-07-30 11:15:30
Collection

ChainCatcher news, the liquid staking protocol pSTAKE Finance has announced the launch of a Bitcoin liquid staking solution, which is based on Babylon's Trustless BTC staking protocol. To ensure the security of the protocol, the deposit limit is set at 50 BTC. This product allows users to earn rewards from idle BTC holdings while maintaining full liquidity.

It is reported that pSTAKE Finance is a Bitcoin yield and liquid staking protocol. With pSTAKE Finance, users can liquid stake BTC and earn rewards from Babylon's trustless BTC staking, protecting other application chains while maintaining their liquidity.

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
banner
ChainCatcher Building the Web3 world with innovators