$Pstake Raises $10 Million In Its Public Token Sale On Coinlist
01/20/22, 1:00 PM
Money raised
$10 million
SINGAPORE / January 20, 2022 / pSTAKE, the protocol unlocking liquidity for staked assets, held a public token sale on CoinList, selling out a tranche of its native $PSTAKE tokens for a total raised of $10 million.
Company Info
Company
P Stake
Additional Info
pSTAKE is the protocol that unlocks liquidity for your staked assets. With pSTAKE, you can securely stake your Proof-of-Stake (PoS) assets, participate in protocol improvements and security to earn staking rewards, and receive 1:1 pegged staked representative tokens which can be used to explore yield opportunities across DeFi. At present, pSTAKE supports Cosmos ($ATOM) and Persistence ($XPRT) networks' native tokens with a view to support more chains and assets in the future.