STKETH-pSTAKE Staked ETHDetailed Description

STKETH-pSTAKE Staked ETH Detailed Description

pSTAKE is a liquid staking solution that unlocks the potential of staking PoS assets like ATOMs. PoS token holders can stake their tokens through the pSTAKE application to obtain stkASSETs (the ERC-20 representation assets of the respective underlying tokens), which can then be transferred to other wallets or smart contracts on the Ethereum network, generating extra income.
stkETH is the liquid collateral representation of ETH. This means that ETH holders will be able to stake their tokens via pSTAKE in order to earn staking rewards alongside earning stkETH.