
pSTAKE is a liquid staking protocol unlocking the liquidity of staked assets. Stakers of PoS tokens can now stake their assets while maintaining the liquidity of these assets. On staking with pSTAKE, users earn staking rewards and also receive staked representative tokens (stkASSETs) which can be used in DeFi to generate additional yield (yield on top of staking rewards).
pSTAKE’s BNB liquid staking product allows holders of BNB to stake their assets using the BNB staking interface. Users are issued stkBNB which follows an exchange rate model, (inspired by the Compound’s cToken model). stkBNB value keeps increasing against BNB as it accrues staking rewards in the background.
The BNB deposited by the user onto the pSTAKE application goes to pSTAKE’s StakePool contract. Everyday at 23:00 hrs UTC, the BC bot runs a staking transaction that aggregates all the deposits made to the StakePool contract and delegates them to the pSTAKE validator set. The users start earning staking rewards when they deposit BNB to the StakePool contract which is reflected in the increase in exchange rate (c-value) for the stkBNB token.
| Categories: | DeFi , EVM |
| On chains: | BNB Chain |
| Latest | 24h ago | 7d ago | 30d ago | 30 days changes |
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If you are looking for the latest pSTAKE Staked BNB charts and metrics check below. We have charts covering a range of stats such as pSTAKE Staked BNB TVL, pSTAKE Staked BNB Price, pSTAKE Staked BNB Social Media followers and more.
See stkbnb price history below and track changes over time. It's important to keep in mind that prices can change quickly, so it's always a good idea to check multiple sources.
A great way to understand pSTAKE Staked BNB is to compare similar crypto projects to pSTAKE Staked BNB by Categories, Chains, TVL, followers and more. We compare pSTAKE Staked BNB and update data every 24 hours to give you the latest Alpha and similar projects.
pSTAKE Staked BNB is pSTAKE is a liquid staking protocol unlocking the liquidity of staked assets. Stakers of PoS tokens can now stake their assets while maintaining the liquidity of these assets. On staking with pSTAKE, users earn staking rewards and also receive staked representative tokens (stkASSETs) which can be used in DeFi to generate additional yield (yield on top of staking rewards). pSTAKE’s BNB liquid staking product allows holders of BNB to stake their assets using the BNB staking interface. Users are issued stkBNB which follows an exchange rate model, (inspired by the Compound’s cToken model). stkBNB value keeps increasing against BNB as it accrues staking rewards in the background. The BNB deposited by the user onto the pSTAKE application goes to pSTAKE’s StakePool contract. Everyday at 23:00 hrs UTC, the BC bot runs a staking transaction that aggregates all the deposits made to the StakePool contract and delegates them to the pSTAKE validator set. The users start earning staking rewards when they deposit BNB to the StakePool contract which is reflected in the increase in exchange rate (c-value) for the stkBNB token.
Yes pSTAKE Staked BNB has the stkbnb. The token is used in pSTAKE is a liquid staking protocol unlocking the liquidity of staked assets. Stakers of PoS tokens can now stake their assets while maintaining the liquidity of these assets. On staking with pSTAKE, users earn staking rewards and also receive staked representative tokens (stkASSETs) which can be used in DeFi to generate additional yield (yield on top of staking rewards). pSTAKE’s BNB liquid staking product allows holders of BNB to stake their assets using the BNB staking interface. Users are issued stkBNB which follows an exchange rate model, (inspired by the Compound’s cToken model). stkBNB value keeps increasing against BNB as it accrues staking rewards in the background. The BNB deposited by the user onto the pSTAKE application goes to pSTAKE’s StakePool contract. Everyday at 23:00 hrs UTC, the BC bot runs a staking transaction that aggregates all the deposits made to the StakePool contract and delegates them to the pSTAKE validator set. The users start earning staking rewards when they deposit BNB to the StakePool contract which is reflected in the increase in exchange rate (c-value) for the stkBNB token.
Yes stkbnb is supported on BNB Chain.
stkbnb token is supported by following blockchains: BNB Chain
pSTAKE Staked BNB is pSTAKE is a liquid staking protocol unlocking the liquidity of staked assets. Stakers of PoS tokens can now stake their assets while maintaining the liquidity of these assets. On staking with pSTAKE, users earn staking rewards and also receive staked representative tokens (stkASSETs) which can be used in DeFi to generate additional yield (yield on top of staking rewards). pSTAKE’s BNB liquid staking product allows holders of BNB to stake their assets using the BNB staking interface. Users are issued stkBNB which follows an exchange rate model, (inspired by the Compound’s cToken model). stkBNB value keeps increasing against BNB as it accrues staking rewards in the background. The BNB deposited by the user onto the pSTAKE application goes to pSTAKE’s StakePool contract. Everyday at 23:00 hrs UTC, the BC bot runs a staking transaction that aggregates all the deposits made to the StakePool contract and delegates them to the pSTAKE validator set. The users start earning staking rewards when they deposit BNB to the StakePool contract which is reflected in the increase in exchange rate (c-value) for the stkBNB token.. pSTAKE Staked BNB's native token is stkbnb. stkbnb token is supported by following blockchains: BNB Chain.