pSTAKE Announcements
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$pStake

Website: https://pstake.finance
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Blog: https://blog.pstake.finance
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Minting & Collateralizing bATOM: User Guide ⚛️

We’ve created a detailed step-by-step guide on how to get started with minting and collateralising your bATOM on Anchor Protocol.

🌐Read more: https://twitter.com/pStakeFinance/status/1512074343551217672

This integration marks the first decentralized use case for borrowing against staked ATOM, allowing users to leverage their bATOM as collateral to borrow $UST.


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Earn upto ~320% APR by providing $PSTAKE liquidity on Osmosis.

Currently, PSTAKE/OSMO pool gives highest incentives out of all pools on Osmosis.

Total Rewards: 150,000 $PSTAKE

🗣Spread the word: https://twitter.com/pStakeFinance/status/1512650070037983232

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bATOM is now live on Anchor Protocol.

Cosmonauts can now stake their $ATOM through pSTAKE Finance and borrow $UST against it.

Full user guide: https://twitter.com/pStakeFinance/status/1512074343551217672

Unleash the liquidity: app.pstake.finance/anchor
pSTAKE is pleased to announce that we’ve integrated with Biconomy.

The integration will make the pSTAKE user experience smoother and more efficient, while also attracting more Cosmos users to our platform and giving them more opportunities to participate in the Terra DeFi ecosystem via bATOM.

pSTAKE users will be able to leverage Biconomy’s technology in order to convert their $ATOM to bATOM without paying gas, in addition to enabling gasless TXs when converting $ATOM to webATOM.

🌐 Learn more: https://twitter.com/pStakeFinance/status/1513913865624604681

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pSTAKE: The Gateway to $ATOM DeFi.

By converting stkATOM into $bATOM through the pSTAKE app, users can participate in numerous DeFi opportunities within the vast Terra ecosystem and beyond, including leveraging their $UST via the following dApps:

♦️ Anchor Protocol
♦️ Mirror Protocol
♦️ Pylon Protocol

🌐 Learn more: https://twitter.com/pStakeFinance/status/1514166137331802115

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Ethereum 2.0: Fueling the Proof-of-Stake Ecosystem.

With pSTAKE's launch of liquid staking for $ETH next in the pipeline, let's explore how Ethereum 2.0 is poised to fuel the advancement of the PoS ecosystem.

🌐Read more: https://twitter.com/pStakeFinance/status/1514258742115717121

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pSTAKE has been integrated into Citadel.one.

Citadel.one has released a pSTAKE extension for their staking & DeFi platform. Users can now seamlessly utilize pSTAKE’s liquid staking functionality from directly within the Citadel.one app.

This integration broadens the accessibility of pSTAKE and provides a direct onramp for Citadel.one’s community of 60,000+ users.

🌐 Learn more: https://twitter.com/pStakeFinance/status/1515016545969266695

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Proposal to Incentivise PSTAKE/OSMO, stkATOM/ETH and bATOM/ATOM Pools ✅

Following community feedback, a second governance proposal with revised incentive allocations for key pSTAKE ecosystem liquidity pools has been submitted.

If passed, the following pools will be incentivised:
♦️PSTAKE/OSMO on Osmosis - 500k $PSTAKE for 3 months (90 epochs)
♦️stkATOM/ETH on SushiSwap - 150k $PSTAKE for a month
♦️bATOM/ATOM on Astroport - 500k $PSTAKE for a month

🌐Vote here: https://bit.ly/pSTAKEGovernance2

🗓️Voting ends April 22

🗣️ Spread the word: https://twitter.com/pStakeFinance/status/1515345043929903116

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Minting $bATOM on pSTAKE: Video Guide ⚛️

$bATOM is your gateway for accessing DeFi within the Terra ecosystem via liquid-staked $ATOM. We’ve created a video tutorial to help walk you through the $bATOM minting process on pSTAKE from start to finish.

🌐Read more: https://twitter.com/pStakeFinance/status/1515634719450402818

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$PSTAKE has Now Been Listed on KuCoin.

We’re excited to announce that $PSTAKE is available for trading on KuCoin. Users can now deposit and trade $PSTAKE (ERC-20) via the PSTAKE/USDT trading pair.

🌐 Trade here: https://www.kucoin.com/trade/PSTAKE-USDT

🗣️ Spread the word: https://twitter.com/pStakeFinance/status/1516362403339976711

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pSTAKE is Implementing Ethereum 2.0 ($ETH) Liquid Staking.

The Ethereum 2.0 merge is slated for Q3 2022. As this continues to develop, pSTAKE is moving towards launching $stkETH to enhance offerings within our liquid staking ecosystem.

Once implemented, pSTAKE will be able to issue $stkETH to $ETH stakers as a liquid-staked asset, which can be used to participate in other DeFi activities to earn additional rewards.

The public pSTAKE $stkETH testnet will soon go live and a step-by-step user guide to test it out will also be shared in the coming days.

🌐 Learn more: https://twitter.com/pStakeFinance/status/1516468005437423623

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pSTAKE: Terra DeFi Deep Dive

Liquid-staked $ATOM lets you further explore DeFi in the Terra ecosystem and beyond. We’ve highlighted key strategies to help maximize the utility for both $stkATOM and $bATOM.

🌐Read more: https://twitter.com/pStakeFinance/status/1517147453618745346

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pSTAKE statistics update.📊

Key highlights:

♦️ $9.78M in bATOM has been collateralized on Anchor Protocol.
♦️ pSTAKE's combined TVL totals $62.2M.
♦️ stkASSET SushiSwap liquidity is currently at $15.7M TVL.
️♦️ stkXPRT-ETH pool liquidity is on the increase.

🌐 Read more: https://twitter.com/pStakeFinance/status/1517196163656605696

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pSTAKE's implementation of Ethereum 2.0 liquid staking, stkETH, is now live on testnet.

The launch of stkETH will provide ETH liquid staking opportunities via pSTAKE. We welcome community members to begin stress-testing the application prior to our mainnet launch.

🌐 Learn more: https://twitter.com/pStakeFinance/status/1517524504095997953

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$PSTAKE has been listed on Gate.io.

$PSTAKE token (ERC-20) is now live on Gate.io exchange for trading. Deposits are enabled and swaps are possible through the PSTAKE/USDT trading pair.

🌐 Trade here: https://www.gate.io/trade/PSTAKE_USDT/

🗣️ Spread the word: https://twitter.com/pStakeFinance/status/1518887957519867904

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A pSTAKE forum proposal to adjust the stkATOM & stkXPRT reward rate has been posted.✅

We encourage all of our community members to provide their feedback.

🌐 Proposal: https://bit.ly/3vp5has

Voting is expected to go live for $PSTAKE holders on 2nd May on pSTAKE’s Snapshot space.

🗣️ Spread the word: https://twitter.com/pStakeFinance/status/1519702196136382464

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stkETH & Ethereum 2.0: pSTAKE’s Next Leap Forward

pSTAKE continues to move closer toward our stkETH Ethereum 2.0 liquid staking implementation.

Today, we’re breaking down what’s in store for Ethereum 2.0, details around stkETH, and an analysis of the stkETH testnet (currently live).

🌐 Read more: https://twitter.com/pStakeFinance/status/1520748310696452098

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stkXPRT Reward Rate Update

We greatly appreciate and acknowledge community participation. Based on the latest feedback on our recent pSTAKE forum proposal, we’re planning on adjusting the parameters.

Considering community feedback, the newly proposed parameter for the stkXPRT reward rate is 24.63%.

9.05% fees will be charged by the pSTAKE protocol, identical to pSTAKE’s stkATOM fees.

The proposal will be live soon on pSTAKE’s Snapshot space.

🌐Proposal: https://bit.ly/3vp5has

🗣️ Spread the word: https://twitter.com/pStakeFinance/status/1522294074744741892

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pSTAKE statistics update.📊

Key highlights:

♦️ 6,175 stkETH minted on the testnet to date.
♦️ Collateralised bATOM on Anchor stands at $7.36M.
♦️ pSTAKE's combined TVL is now at $50.7M.
♦️ stkASSET liquidity in SushiSwap pools is $13.7M TVL.

🌐 Read more: https://twitter.com/pStakeFinance/status/1522308168231133184

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stkETH Testnet Phase 1 Complete ✅

Following the conclusion of phase 1 testing, the pSTAKE stkETH testnet will soon be paused for upgrades and internal testing in the interim. This is a critical step on our path to releasing on mainnet.

We want to thank our community for your valuable participation.

🗣️ Spread the word: https://twitter.com/pStakeFinance/status/1522549470352883713

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