STKATOM-pSTAKE Staked ATOMDetailed Description

STKATOM-pSTAKE Staked ATOM Detailed Description

pSTAKE is a liquid staking protocol that unlocks the liquidity of staked assets. Stakers of PoS tokens can now stake their assets while maintaining the liquidity of those assets. When pSTAKE is used for staking, users can get staking rewards, and can also receive 1:1 pegged representative tokens (stkTOKEN), which can be used in DeFi to generate additional income (beyond staking rewards) .