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

2024-07-30 11:15:30
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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.

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