pSTAKE to Launch Liquid Staking Solution for Bitcoin This Week!

Bittime - pSTAKE Finance is a multichain liquid staking protocol that allows users to securely stake crypto assets, receive stkTokens, and earn passive yields. By supporting liquid staking.

What is pSTAKE Finance?

pSTAKE Finance, powered by Binance Labs, is a multichain liquid staking protocol that allows users to securely stake the largest crypto assets and receive liquid staked tokens (LST) called stkTokens. This ESG can then be used in decentralized finance to generate more results.

Due to its low price and collaboration with the largest decentralized ecosystem, stkTokens is one of the highest yields of decentralized ones. Its unique stake delegation strategy, powered by a smart algorithm based on on-chain decentralization parameters, helps decentralize the network.

pSTAKE Ready to Launch BTC Liquid Staking

pSTAKE is proud to launch the premier liquid staking solution for Bitcoin (BTC). For the past three years, it has led liquid staking solutions for Cosmos. Now it can use its expertise to pave the way and provide an effective liquid staking solution for the most appreciated cryptocurrency Bitcoin.

Babylon is an innovative BTC staking protocol that leverages the security of Bitcoin's proof-of-work algorithm and shares with the proof-of-stake chain for increased security. This protocol guarantees a trustless and independent BTC staking method that does not require a bridge, while eliminating all third-party security threats.

Distribute Proceeds to BTC Holders

All long-term holders are eager for the opportunity to earn returns on BTC assets. In collaboration with Babylon, pSTAKE finally offers reliable returns to Bitcoin holders, allowing them to leverage their idle assets to earn safe and passive returns.

Before its invention, earning a return on Bitcoin was impossible as most holders simply sent Bitcoin to cold storage while waiting for its value to increase. Of course, there are lending options for Bitcoin, but due to the complexity and extreme risks associated with storage, it remains unused.

Conclusion

Users can securely stake their crypto assets and receive stkTokens in return via the pSTAKE Finance multichain liquid staking protocol. Bitcoin (BTC) holders can safely and passively earn yield from their recently launched liquid staking solution via the Babylon protocol. This opens up new opportunities for BTC holders who previously faced difficulties in getting reliable returns from their assets.

How To Buy Crypto With Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.

Monitor price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.