pSTAKE’s BNB liquid staking answer (stkBNB) is now stay » CryptoNinjas

pSTAKE, a liquid staking protocol that unlocks liquidity for staked belongings, introduced its BNB liquid staking answer (stkBNB) is now stay on mainnet. Customers can leverage their stkBNB tokens to pursue DeFi alternatives throughout the BNB Chain ecosystem.

Launched at this time, stkBNB is now stay on PancakeSwap to offer liquidity swimming pools, yield-farming, and yield optimization. Extra integrations are anticipated with different BNB Chain protocols within the close to future.

“After months of rigorous growth and cautious testing, which included a partnership with Binance Labs and a collection of audits by main blockchain safety corporations, pSTAKE is now transferring ahead with its mainnet launch for BNB liquid staking.”
– The pSTAKE Team

Just by staking their BNB on pSTAKE, customers will earn round 5% auto-compounded staking rewards. stkBNB is a BEP20 token suitable with Metamask, Binance Net Pockets, Belief Pockets, and Math Pockets.