pStake

PSTAKE is a stacking protocol that unlocks the liquidity of delivered assets. Users can place bets on their assets while maintaining the liquidity of these assets. By betting with pSTAKE, users earn rewards, as well as receive 1:1 fixed representation tokens (stkTOKEN), which can be used in Defi to get more profit.

What is this pSTAKE?

Most PoS token holders are long-term investors who believe in the project. It has already been established that staking is much more profitable than simply storing tokens: HODL'er accumulations are constantly decreasing relative to the stakers' accumulations, as new tokens appear, which appear as a reward for blocks, and are distributed among the stakers, essentially rewarding them for network security.

This long-term faith in projects comes at the expense of liquidity, but by their nature, frozen funds are illiquid.

Despite the fact that the stakers:

a) receive a reward for ensuring the security of the network (which is called a reward for staking);

b) participate in consensus and in network management;

stake holders cannot use their delegated assets for any other purposes, as the funds are blocked in the network.

And this is where pSTAKE comes to our aid.

pSTAKE creates liquid tokens in one-to-one proportions, using the funds that are in the steak. Then these tokens can be used in various DeFi projects to get additional profit.

pSTAKE was specially designed to effectively solve the problems faced by participants of PoS networks, as well as to improve interaction with end users, and to bring Mass Adaptation closer.