pSTAKE Announcements
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$pStake

Website: https://pstake.finance
X: https://x.com/pStakeFinance
Blog: https://blog.pstake.finance
TG Chat: @pstakefinancechat
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pStakers, ready for today's $ETH liquid staking discussion?

There may or may not be a launch-related ALPHA ๐Ÿ˜‰

We'll explore๐Ÿ‘‡

๐Ÿ’™ Arbitrum's success
โšก๏ธ Potential of native liquid staking on Arbitrum
โžก๏ธ $stkETH v2
๐Ÿš€ Mainnet launch & much more

https://twitter.com/pStakeFinance/status/1689227106641645569?s=20
pSTAKE Incentive Program September 2023 ๐Ÿ“’

Get forward-looking insights into PSTAKE incentives across stkBNB and stkATOM liquidity provisioning and DeFi integrations. All in one place!

Dive into the September 2023 program ๐Ÿ‘‰๐Ÿผ https://blog.pstake.finance/2023/08/29/pstake-incentive-program-september-2023/
The LSM on Cosmos Hub is all set to open the gates for $400M+ natively staked ATOM to be liquid staked into stkATOM on pSTAKE and used in DeFi across Cosmos ๐Ÿค

Instant. No 21-day unbonding. Convenient.

Hereโ€™s everything you need to know ๐Ÿ‘‡๐Ÿผ
https://blog.pstake.finance/2023/09/12/cosmos-lsm-atom-liquid-staking-made-simpler-with-pstake/
Liquid Staking Module (LSM) support is NOW LIVE on pSTAKE โšก

$400M+ staked ATOM can now be instantly liquid staked into stkATOM ๐Ÿฆพ

No 21-day unbonding ๐Ÿคฏ

Use stkATOM in DeFi across Dexter, Shade Protocol, Umee, Crescent, Nolus, Osmosis, and more ๐Ÿค

โš›๏ธ https://cosmos.pstake.finance/
gm pStakers!

Join pSTAKE today for a Twitter Space hosted by Nolus to discuss LSTfi and DeFi(ing) the odds in Cosmos.

Donโ€™t forget to tune in at 12:00 UTC๐Ÿ‘‡๐Ÿผ
https://twitter.com/i/spaces/1rmxPkvvvzVJN?s=20
Liquid staking $ATOM just got more accessible!

The awaited Ledger support is NOW LIVE on cosmos.pstake.finance ๐Ÿ”’

Have staked ATOM? Get liquid staked stkATOM instantly.

No 21-day unbonding period ๐Ÿ˜Ž

Use stkATOM in DeFi across protocols like Dexter, Shade, Umee, Crescent, Nolus, Osmosis, and more ๐Ÿค
๐Ÿšจ stkETH v2 Important Updates

1๏ธโƒฃ ๐˜€๐˜๐—ธ๐—˜๐—ง๐—› ๐˜ƒ๐Ÿฎ ๐— ๐—ฎ๐—ฟ๐˜ƒ๐—ฒ๐—น ๐—ง๐—ฒ๐˜€๐˜๐—ป๐—ฒ๐˜ ๐—จ๐—ฝ๐—ฑ๐—ฎ๐˜๐—ฒ:

The stkETH v2 Marvel testnet has remained active for a duration of over 8 weeks. During this time, we've received an outstanding 2200+ Marvel NFT mints on Arbitrum and Optimism, and the active participation of 1200+ unique users. As we approach the conclusion of our testnet campaign on October 4th 2023, 12:00 PM UTC, we are grateful for your enthusiastic participation.

2๏ธโƒฃ ๐˜€๐˜๐—ธ๐—˜๐—ง๐—› ๐˜ƒ๐Ÿฎ ๐— ๐—ฎ๐—ถ๐—ป๐—ป๐—ฒ๐˜ ๐—Ÿ๐—ฎ๐˜‚๐—ป๐—ฐ๐—ต ๐—จ๐—ฝ๐—ฑ๐—ฎ๐˜๐—ฒ:

In our continuous efforts to enhance the user experience, we're diligently working on adding features such as unstaking and simplifying the user flow. Ensuring the utmost security remains our top priority, and to achieve this, the code will undergo an additional round of security auditing and rigorous internal testing.

As a result of these necessary measures, we're adjusting our plans, and the stkETH v2 Mainnet launch is now rescheduled for Q1 2024.

Learn more: https://x.com/pStakeFinance/status/1709121753841062108
Attention Marvels!๐Ÿฆธ

The stkETH v2 Marvel Testnet has successfully concluded, with 2200+ Marvel NFT mints on Arbitrum and Optimism.

The testnet has played an instrumental role in achieving two key objectives:

1. Gaining valuable insights into our users' genuine needs to develop a robust and user-friendly L2 native $ETH liquid staking solution
2. Onboarding node operators

Thank you for your participation and support! ๐Ÿค

Please note that the stkETH v2 mainnet launch is expected in Q1 2024, and we eagerly look forward to having you onboard ๐Ÿ‚

For any questions or inquiries, please refer to the following message or reach out to us on Discord: https://discord.com/channels/1026449761152290866/1132692377144934432/1159397650630713374
Neither the journey nor the destination is better if it means getting stuck in traffic ๐Ÿ˜ซ

Similarly, getting stuck for 21 days to access your staked $ATOM for DeFi use is a no-go โŒ

#SkipTheWaitOnPSTAKE to enjoy instant access to ATOM liquidity and DeFi with stkATOM ๐Ÿ˜Ž

cosmos.pstake.finance

๐ŸŒhttps://x.com/pStakeFinance/status/1709903491148201990
Should the Cosmos Hub allocate 600k ATOM to pSTAKE for the growth of ATOM liquid staking with stkATOM? ๐Ÿค”

A Cosmos Hub forum discussion has been started by @pandeymikhil to discuss the specifics of the same.

It is suggested that the 600K ATOM be split as follows:

1. stkATOM/ATOM LP on Astroport (Neutron) - 50%
2. stkATOM/ATOM LP on Dexter (Persistence) - 33.33%
3. stkATOM/IST LP on Dexter - 16.66%

Benefits ๐Ÿค

1. Cosmos Hub generates revenue with stkATOM (Staking yield + DeFi yield + 15% of pSTAKE ATOM liquid staking revenue share)
2. ~$2.5M TVL increase on pSTAKE and ~$4.6M TVL increase on Persistence Chain
3. ATOM strengthens itself at the center of Cosmos LSTfi
4. Multiple chains like Neutron, Agoric, and Persistence align together
5. Support adoption of liquid staking and contribute to reducing ATOM inflation
6. Decentralize and diversify the Community Poolโ€™s exposure to LSTs

๐Ÿ—ฃ๏ธ Let your voice be heard by sharing your thoughts, support, and feedback on the Cosmos Hub Forum or on Twitter.
Recently, @pandeymikhil put up a discussion on the Cosmos Hub forum to allocate $ATOM to pSTAKE for the growth of ATOM Liquid Staking with stkATOM.

Letโ€™s explore the rationale behind this suggestion together and answer any questions you may have.

pStakers! Set your reminders ๐Ÿ‘‡

https://x.com/i/spaces/1lPKqbNMkaQGb
๐Ÿ”ฅ4
pSTAKE Incentive Program November 2023 ๐Ÿ“’

Get forward-looking insights into PSTAKE incentives across stkBNB and stkATOM liquidity provisioning and DeFi integrations. All in one place.

Dive into the November 2023 program ๐Ÿ‘‰๐Ÿผ https://blog.pstake.finance/2023/10/30/pstake-incentive-program-november-2023/
A discussion has been initiated on pSTAKEโ€™s forum to gather feedback on the proposal to share 15% of pSTAKEโ€™s $ATOM liquid staking revenue with the Cosmos Hub and to waive any fees for staking 350k Cosmos Hub Community Pool ATOM.

This proposal is part of an ongoing discussion on the Cosmos Hub forum to allocate 600k ATOM to pSTAKE for the growth of ATOM Liquid Staking and to achieve alignment.

Share your thoughts๐Ÿ‘‡
https://forum.pstake.finance/t/share-revenue-from-atom-liquid-staking-with-the-cosmos-hub-community-pool/595
Dear $PSTAKE holders,

Should pSTAKE Finance share 15% of its ATOM liquid staking revenue and waive any fee on the 350k ATOM that could be liquid staked with pSTAKE in return for the 600k ATOM allocation?

Cast your votes now๐Ÿ‘‡๐Ÿผ
https://snapshot.org/pstake#/pstakefinance.eth/proposal/0xd5c574b5e89285bff2013feb03f9dd1e388485637646c9b5a4b387aba9151c05
[pSTAKE Forum Discussion]

$PSTAKE ๐Ÿค $OSMO

โ„น๏ธ Expand pSTAKE liquid staking support to Osmosis with stkOSMO

โšกTl;dr

The forum post highlights

- 8 foundational principles of pSTAKE expansion
- Why Osmosis?
- Benefits to pSTAKE: Distribution, User Acquisition and Estimated Revenue
- pSTAKEโ€™s differentiators to other Liquid Staking Providers in Cosmos
- Incentivization of stkOSMO

๐Ÿ—ฃ๏ธ pStakers, let your voice be heard by sharing your thoughts, support, and feedback on Forum and Twitter.
Cosmos Hub Proposal 853 suggests to allocate 600k ATOM as Protocol Owned Liquidity for stkATOM by pSTAKE on Astroport on Neutron and Dexter on Persistence to help grow $ATOM liquid staking โš›๏ธ

The proposed 'Liquidity-as-a-Service' (LaaS) holds the power for $ATOM to

1๏ธโƒฃ Generate revenue for the Cosmos Hub
2๏ธโƒฃ Strengthen itself at the centre of Cosmos LSTfi
3๏ธโƒฃ Diversify the Community Poolโ€™s exposure to ATOM LSTs
4๏ธโƒฃ Increase stkATOM (liquid staking) demand with stronger stkATOM-ATOM peg, increased LSM usage on pSTAKE, and additional collateralization opportunities
5๏ธโƒฃ Align ecosystems within and outside the โ€˜ATOM Economic Zoneโ€™

In return, the $PSTAKE governance has already committed to sharing 15% of pSTAKE's total ATOM liquid staking revenue with the Cosmos Hub and waiving off the liquid staking protocol fee for the entire duration of the Cosmos Hub providing this LaaS for stkATOM ๐Ÿค

Voting ends on 5 December 2023 ๐Ÿ—ณ

โ„น๏ธ Mintscan
๐Ÿธ Leap Wallet
๐Ÿ”ญ Keplr Wallet
pSTAKE's expansion in Cosmos starts with Osmosis ๐Ÿงช

A signaling proposal is LIVE on $PSTAKE snapshot space to launch #stkOSMO.

Learn more about stkOSMO features, fee structure, incentivization mechanism, a new automatic stake delegation strategy, and more in the proposal.

Cast your vote now ๐Ÿ‘‡๐Ÿผ
https://snapshot.org/#/pstakefinance.eth/proposal/0xd530943603b1759cd9c4fde54cd22068bc3307944f21e1ccff4febd291903551
pSTAKE is expanding in Cosmos with the launch of stkOSMO just around the corner! ๐Ÿงช

In our latest blog, we look at the current OSMO liquid staking landscape and dive deeper into how stkOSMO differentiates itself.

๐ŸŒ Decentralizing Osmosis with a new pSTAKE Chain Decentralization Strategy (stake delegation to 47 validators based on an automated weighted mechanism)

๐Ÿค Aligning with the Osmosis Community

๐Ÿ†• Bringing innovative features like Instant Redemptions

Read more and get some alpha ๐Ÿ‘€ on stkOSMO launch date ๐Ÿ‘‰ https://blog.pstake.finance/2023/11/28/stkosmo-decentralizing-osmo-liquid-staking/
stkOSMO is NOW LIVE on Persistence! ๐Ÿฆพ ๐Ÿงช

Liquid stake $OSMO with 75 Osmosis validators now.

stkOSMO also marks the launch of two huge improvements to pSTAKE

1๏ธโƒฃ New way to interact on pSTAKE ๐Ÿ™Œ๐Ÿผ

Access liquid staking for your favotire PoS tokens like $ATOM, $BNB, and $OSMO ($DYDX, $XPRT, $TIA in the future) effortlessly with a unified user experience.

2๏ธโƒฃ Chain Decentralization Strategy ๐ŸŒ

A one of a kind automated mechanism (using parameters like voting power, governance participation, commission, and more) suggests the final validatorsโ€™ set and delegation daily.

๐Ÿ—ฃ๏ธ Spread the word - https://x.com/pStakeFinance/status/1732364941338825203