pStake Mainnet Launching with Cosmos Support

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Staking is one of the features in the DeFi system that allows users to record profit on their investment daily through different projects with different APY/APR.
With a close follow up on Persistence, the testing, refining of pStake Alpha through bug bounty program and Staking Gala which just concluded, the real gem is set!

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pStake Mainnet Launching

Early June 2021, the reason for pStake was revealed, followed by the explanation of unlocking liquidity of staking assets. Through the comprehensive note from the team, pStake happens to provide liquid stated positions by giving 1:1 pegged representatives against its users' stated assets. Read More.....

The persistence team released the date of launching the pStake beta Mainnet through the official medium account with all information.

Date of the launch: 12th July 2021
Hosted by: Cosmos (ATOM)
Security Audit is ongoing!
Launch Schedule: 12 July - 23 Aug. 2021 (First Come, First Serve).
Limitation: 5 ATOM minimum, 500 ATOM maximum
Lockup Period: 21-day unbounding period
Liquidity Pool on A DEX @ 125,000 ATOM in TVL

With the above bullet points, take your time to read the full article for better understanding.

For Further Info

https://pstake.finance


Published on LERNblogs.com



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