pSTAKE
About pSTAKE
pSTAKE is the protocol that unlocks liquidity for your staked assets. With pSTAKE, you can securely stake your Proof-of-Stake (PoS) assets, participate in protocol improvements and security to earn staking rewards, and receive 1:1 pegged staked representative tokens which can be used to explore yield opportunities across DeFi.
At present, pSTAKE supports Cosmos and Persistence networks’ native tokens with a view to support more chains and assets in the future.
pSTAKE issues staked representative tokens through a custom bridge built to tap into the growth of the Cosmos ecosystem while accessing the liquidity and composability of Ethereum. Users can either hold these representative tokens as ERC-20 to maintain the liquidity of their staked assets, or use them to discover yields offered by other DeFi protocols.
Sale Details
| Asset | PSTAKE tokens |
| Sale Period | Registration Opens: December 7, 2021 Registration Deadline: December 13, 2021 at 23:59 UTCSale Period Begins: December 16, 2021 at 18:00 UTC Sale Period Ends: December 22, 2021 at 23:59 UTC |
| Price & Lockup Terms | $0.40 per token 25% unlock on or around January 25, 2022, followed by a 6-month linear vesting schedule |
| Supply Limits | Supply capped at 25M PSTAKE tokens |
| Minimum & Maximum Purchase | Minimum Purchase: $100 Maximum Purchase: $500 |
| Funding Methods | BTC, ALGO, SOL, ETH, USDC, USDT |
| Sale FAQ | FAQ |
| Eligible Participants | Not available for residents and citizens of the United States, China, Canada, South Korea, and certain jurisdictions. |
Answers:
1. How many tokens are allocated to the pSTAKE sale? 25,000,000 2. What is the sale mechanism for the pSTAKE sale? Users in the waiting room for the sale will be given a random... 3. What is pSTAKE built on? Multichain 4. What is pSTAKE built for? Liquid Staking 5. What currencies are accepted for payment in the sale? BTC, ETH, USDC, USDT, ALGO, SOL 6. What is the price per token and max purchase for the sale? $0.40 per token, $500 limit 7. What will happen if someone submits a purchase but doesn't complete it? Baned... 8. Where will I be able to participate in the token sale? CoinList.co 9. What happens to a user who uses bots or abuses the Queue-It system? The user's account will be terminated and all purchases will be cancelled
