pSTAKE, a liquid staking protocol that unlocks liquidity for staked belongings, introduced its BNB liquid staking solution (stkBNB) is now live on mainnet. Users can leverage their stkBNB tokens to pursue DeFi alternatives throughout the BNB Chain ecosystem.
Launched in the present day, stkBNB is now live on PancakeSwap to offer liquidity swimming pools, yield-farming, and yield optimization. More integrations are anticipated with different BNB Chain protocols within the close to 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, customers will earn round 5% auto-compounded staking rewards. stkBNB is a BEP20 token appropriate with Metamask, Binance Web Wallet, Trust Wallet, and Math Wallet.