pSTAKE, a liquid staking protocol that unlocks liquidity for staked property, introduced its BNB liquid staking resolution (stkBNB) is now reside on mainnet. Customers can leverage their stkBNB tokens to pursue DeFi alternatives throughout the BNB Chain ecosystem.
Launched right this moment, stkBNB is now reside on PancakeSwap to supply liquidity swimming pools, yield-farming, and yield optimization. Extra integrations are anticipated with different BNB Chain protocols within the close to future.
“After months of rigorous growth and cautious testing, which included a partnership with Binance Labs and a sequence of audits by main blockchain safety corporations, pSTAKE is now shifting ahead with its mainnet launch for BNB liquid staking.”
– The pSTAKE Team
Just by staking their BNB on pSTAKE, customers will earn round 5% auto-compounded staking rewards. stkBNB is a BEP20 token suitable with Metamask, Binance Internet Pockets, Belief Pockets, and Math Pockets.