pSTAKE’s BNB liquid staking solution (stkBNB) is now live
pSTAKE, a liquid staking protocol that unlocks liquidity for staked assets, announced its BNB liquid staking solution (stkBNB) is now live on mainnet. Users can leverage their stkBNB tokens to pursue DeFi opportunities a...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
pSTAKE, a liquid staking protocol that unlocks liquidity for staked assets, announced its BNB liquid staking solution (stkBNB) is now live on mainnet. Users can leverage their stkBNB tokens to pursue DeFi opportunities across the BNB Chain ecosystem.
Launched today, stkBNB is now live on PancakeSwap to provide liquidity pools, yield-farming, and yield optimization. More integrations are expected with other BNB Chain protocols in the near future.
“After months of rigorous development and careful testing, which included a partnership with Binance Labs and a series of audits by leading blockchain security firms, pSTAKE is now moving forward with its mainnet launch for BNB liquid staking.”
– The pSTAKE Team
Simply by staking their BNB on pSTAKE, users will earn around 5% auto-compounded staking rewards. stkBNB is a BEP20 token compatible with Metamask, Binance Web Wallet, Trust Wallet, and Math Wallet.
The post pSTAKE’s BNB liquid staking solution (stkBNB) is now live appeared first on CryptoNinjas.
Why this matters
This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptoNinjasRelated market context
Binance leads SanDisk perps liquidity, with OKX and Hyperliquid trailing
Binance's dominance in SanDisk perps highlights the growing intersection of crypto and traditional securities, raising potential r...
Coinbase Pro Returns With Deribit, Unlocking $30B Bitcoin Options Liquidity
Key Takeaways: Coinbase Pro returns with Spot, Futures, Perpetuals, Options, and Equities by the end of the year. Deribit is upgra...
Wells Fargo reportedly in talks with Kraken parent Payward over crypto trading liquidity
The potential partnership could accelerate mainstream crypto adoption, positioning banks as key players in the evolving digital as...
Wells Fargo in talks with Kraken parent Payward for crypto trading liquidity
The discussions would see Payward supply liquidity for crypto trading as major banks deepen their involvement in digital assets.
XRP Whales Dominate Exchange Outflows as Bitcoin Shorts Rise on Hyperliquid
The contrasting flows highlight a market where some large investors are moving XRP away from exchanges even as leveraged traders p...
Trust Wallet integrates MoonPay so US users can buy crypto without leaving the app
The integration enhances user convenience and self-custody appeal but raises concerns about dependency on a single provider's stab...